320 S Ann Street, Lancaster, PA 17602 - Photo 1

1/1

$350,000

Sold
Closed
Townhouse
2,038 Sq. Ft.

1/1

Property Description

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!

Full Property Details

Full Property Details for 320 S Ann St

General

Sold For: $350,000
Taxes: $3,163 (2025)
Status: Closed
Type: Townhouse
Source: BrightMLSPhilly
MLS ID: PALA2075390
Added to Site: 120 day(s) ago

Exterior

Porch/Patio/Deck: Porch(es), Deck(s), Balcony

Parking

Parking Type: Off Street, On Street

Location

Area: Lancaster City (10533)
Municipality: LANCASTER CITY
County: LANCASTER
Subdivision: CITY OF LANCASTER
Driving Directions: From Rt 30 East take the exit toward Walnut St, turn left onto E Walnut St, then right onto N Ann St. Continue as it becomes S Ann St and arrive at 320 S Ann St, Lancaster, PA 17602.

School Information

School District: School District Of Lancaster

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C
Cooling Fuel: Electric
Heating Type: Forced Air, Baseboard - Electric
Heating Fuel: Natural Gas, Electric
Water Heater: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Style: Traditional
Structure Type: Interior Row/Townhouse
Construction: Brick, Masonry, Stick Built
Basement: Yes
Basement Desc.: Full
Foundation: Stone, Brick/Mortar
Square Feet: 2,038
Sq. Ft. Source: Estimated
Living Area: 1,538 Sq. Ft.
Finished Above Grnd: 1,538 Sq. Ft.
Year Built: 1905
Year Built Source: Assessor
Property Condition: Excellent

Unit Information

Other Units: Unit 1, Unit 2

Lot Features

Lot Size (Acres): 0.04
Lot Size (Sq. Ft.): 1,742
Lot Size Source: Assessor
Zoning: RESIDENTIAL

Financial Considerations

Price Per Sq. Ft.: $243.82
Assessment Year: 2025
School Tax: $1,964
City/TownTax: $974
City/TownTax Freq: Annually
County Tax: $224
County Tax Freq: Annually
Tax w/Assessment: $77,100
Tax Amount: $3,163
Tax Year: 2025
Terms: Standard Sale
Owner Pays: Sewer, Water, Trash Collection, Taxes - Real Estate, Insurance, Common Area Maintenance
Tax Total Finished Sq. Ft.: 1538

Disclosures and Reports

Ownership: Fee Simple

Listed by Keller Williams Keystone Realty, Elisabeth P. Hamberger
Sold by Keller Williams Elite, Jordan Rizzo

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Listing agent

— 320 S Ann St —

Elisabeth P. Hamberger

Keller Williams Keystone Realty

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Schools

Schools serving 320 S Ann St

School District:Lancaster School District

Name	Grades	Distance
George Washington El School 545 South Ann Street, Lancaster, PA 17602	PK-5	0.3 mi
Jackson Middle School 431 South Ann Street, Lancaster, PA 17602	6-8	0.3 mi
Mccaskey Campus 445 North Reservoir Street, Lancaster, PA 17602	9-12	1 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 320 S Ann St

Date

Details

Price

Change

Source

12/10/2025

Sold

$350,000

-6.67%

MLS

10/11/2025

Price Reduced

$375,000

-1.32%

MLS

9/18/2025

Listed

$380,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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320 S Ann Street, Lancaster, PA 17602 (MLS# PALA2075390) is a Townhouse property that was sold at $350,000 on December 10, 2025. Want to learn more about 320 S Ann Street? Do you have questions about finding other Townhouse real estate for sale in Lancaster? You can browse all Lancaster real estate or contact a Coldwell Banker agent to request more information.

320 S Ann St Lancaster, PA 17602