23 N Shippen Street
Lancaster, PA 17602
- – beds
- – baths
- 3,349 sqft
- 3,049 sqft lot
- $134 per sqft
- 1890 build
Welcome home to this stunning historic 2-unit investment opportunity in downtown Lancaster. This spacious and well-maintained duplex is a fantastic investment or an ideal home for you to live in one apartment and rent the second. In the heart of Lancaster’s Historic District this property offers incredible income potential, with each vacant unit projected to rent for $2,000 per month—totaling $4,000 in monthly income. It also features separate utilities and off-street parking for two vehicles. Experience the grandeur of the 3- story front apartment as you step into the welcoming foyer. The first-floor living room, perfect for entertaining, boasts gleaming hardwood floors and natural light, creating a warm and inviting space. A hardwood staircase, protected by carpeted steps, leads to three bedrooms and three full baths. The rear apartment has a private entrance on East Grant Street and offers outdoor living with a private fenced-in backyard. The entrance leads to a bright, window-lined, living room, with built-in bookshelves for a cozy library nook. This unit features a formal dining room, updated kitchen as well as three bedrooms and 1.5 baths. Throughout both apartments, contemporary renovations enhance the home’s character, including electrical upgrades with dimmer switches for customized lighting. Each unit has its own furnace, hot water heater, electric meter, and washer/dryer hook-up for efficiency and independence. Nestled in a vibrant, predominantly owner-occupied neighborhood, this home is within walking distance to Musser Park, Central and Southern Markets, galleries, the Fulton, many great restaurants, brew pubs, and coffee shops. This property is a rare find with its prime location, contemporary updates and income-generating potential. It also offers the flexibility to be easily converted back to a single-family home. Don't miss the chance to own a piece of Lancaster’s rich history -- schedule your private showing today.
Last checked:
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Last updated Apr 10, 2025
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MLS# PALA2066864 —
The Building
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Year Built:1890
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Brick, Masonry
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Building Levels:3
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Building Units Total:2
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Structure Type:End of Row/Townhouse
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Architectural Style:Traditional
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Accessibility Features:None
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Foundation Details:Stone
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:3349
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:3349
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Living Area SqFt:3,349 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional, FHA
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Possession:Immediate
Location
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Directions:Use GPS
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Cross Street:East Ross
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Latitude:40.03942108
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Longitude:-76.29912567
The Property
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Property Type:Multi-Family
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Property Subtype:Duplex
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Lot Size Units:Square Feet
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Lot Size Acres:0.07
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Lot Size Source:Assessor
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Lot Size Dimensions:0.00 x 0.00
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Lot Dimensions Source:Assessor
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Lot SqFt:3,049 Sqft
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Zoning:114 RES: 2 FAM DWLG
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:114
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (717) 330-6648
- Office phone:
- (717) 761-4300
Taxes
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Tax ID Number:332-72354-0-0000
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Tax Year:2024
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Tax Annual Amount:$9,694
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Tax Assessed Value:$245,000
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Year Assessed:2025
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School Tax:5884.0
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County Tax:713.00
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City/Town Tax:3096.00
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Total Taxes Payment Frequency:Annually
The Listing
Heating & Cooling
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Cooling Type:Wall Unit, Window Unit(s)
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Radiator
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric, Natural Gas
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Water Source:Public
Schools
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Elementary School:Wickersham E.S.
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Middle School:Lincoln M.S.
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High School:MCCASKEY H.S.
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School District Name:School District Of Lancaster
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School District Source:Listing Agent
The Community
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Pool:No Pool
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Spa:No
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Association Recreation Fee:No
Parking
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Total Garage and Parking Spaces:2
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Garage:No
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Type of Parking:Off Street
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Off Street - # of Spaces:2
Extra Units
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Other Units:Unit 1,Unit 2
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Vacation Rental:No
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Units Furnished:None
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Three Bedroom Units:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/9/25
Apr 9, 2025
|
Listed / Active | BRIGHT | $450,000 |