320 S ANN ST
LANCASTER, PA 17602
Sold Price: $350,000
List Price: $375,000
Sold Date: Dec 10, 2025
Number of Units: 2
Type: Multi-Unit Residential
Listing #PALA2075390
Wow! This multi-family transformation is sure to knock your socks off! Fully renovated from top to bottom! This 2-unit located at 320 South Ann Street in Lancaster offers a total of 1,538 sqft. plus a full basement and nice outdoor space. Upon arrival you are greeted by a spacious covered porch leading to the entryway foyer. The first floor unit offers 1 bedroom and 1 bath and the 2nd unit spanning the 2nd and 3rd floors features 3 bedrooms and 1 bath. Each unit has been fully updated including new flooring, paint, fixtures, new custom kitchens with quartz countertops and new appliances, and new stylish bathrooms. To the rear you will enjoy the new decks, yard space, and off street parking. Situated in the School District of Lancaster, this property offers convenience and accessibility with all of the upgrades to ensure peace of mind for years to come! The projected market rents for this property are $1295-1395 and $1895-1995, providing a double-digit cap rate and after-tax 20+% cash on cash return! Wow! In addition to the generous returns, you will be saving thousands on maintenance with this renovated, turnkey gem! Whether you're thinking of your first or next investment property, or purchasing a multi-family home to "house hack" while living in one unit and renting the 2nd, this home is not to be missed! The supurb location and upgrades throughout make this a stellar find for savvy investors and homeowners!
Buyer's Agent: Jordan Rizzo
Listing Agent: Elisabeth P. Hamberger
Listing Agent: Elisabeth P. Hamberger
Property Features
County: LANCASTER-PA
Municipality: LANCASTER CITY
MLS Area: Lancaster City (10533)
Subdivision: CITY OF LANCASTER
Heating: Forced Air, Baseboard - Electric
Heating Fuel: Natural Gas, Electric
Cooling: Central A/C, Electric
Basement Description: Full
Has Basement: Yes
Total Number of Units: 2
Accessibility: 2+ Access Exits
Style: Traditional
Is New Construction: No
Construction: Brick, Masonry, Stick Built
Foundation: Stone, Brick/Mortar
Septic or Sewer: Public Sewer
Has Garage: No
Patio / Deck Description: Porch, Deck, Balcony
Lot Size in Acres: 0.04
Lot Size in Sq. Ft.: 1,742
Condition: Excellent
Has Waterfront: No
Has Water Access: No
School District: SCHOOL DISTRICT OF LANCASTER
ListDate: 2025-09-18 00:00:00.0
Property Type: RI
Property SubType: Interior Row/Townhouse
Year Built: 1905
Ownership Interest: Fee Simple
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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Gacono Real Estate participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Gacono Real Estate are marked with the IDX icon, and detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information Deemed Reliable But Not Guaranteed.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Gacono Real Estate participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Gacono Real Estate are marked with the IDX icon, and detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information Deemed Reliable But Not Guaranteed.
BRIGHT(MRIS/Trend) data last updated at February 2, 2026, 7:16 AM ET
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