Exceptional mixed-use opportunity in the heart of Lancaster City. This well-maintained 4792 sq ft corner property offers unmatched flexibility, visibility, and income potential. Ideal for an owner-occupant, investor, or business seeking a high-profile location, the property includes a beautifully updated first-floor unit with many options for use, plus 2 additional apartments. The center of the property is a beautifully renovated, Handicap accessible primary residence encompassing approx 1600 sq ft on Main level. Currently rented for $3000.00 a month including utilities. Thoughtfully designed for comfort and entertaining, the residence features stunning new Kitchen, newly renovated Full Bath, 2 Powder Rooms, a private spa retreat with soaking tub, and an expansive "L" shaped Living area with Electric Fireplace offering distinct spaces for relaxation and conversation. Custom built-in bookcases line the private study while 2 spacious bedrooms, Laundry facilities, central air, and a fenced private patio create a truly turnkey lifestyle. Additional amenities include: Game Room, Full Basement with private access for storage or future expansion, multiple fireplaces, and the option to purchase fully furnished. *Direct access to 8 on-site parking spaces (rare for Lancaster City) *All appliances included. Residential Units *Unit 1-Two-Bedroom, one-bathroom apartment *Spacious layout with a working wood-burning fireplace *In-unit laundry and all appliances included. *Strong rental potential *Currently rented for $1100.00 a month. *Unit 2-One-Bedroom, one bathroom apartment *Bright and open with a second-story private balcony * In-unit laundry, and all appliances included. *Ideal for both long-term and short-term rentals. *Currently rented for 1050.00 a month. Additional highlights include: *Total building size 4792 * Corner lot with high visibility and strong traffic exposure * All Appliances Included in each unit, making for easy, move-in ready living. * Washer/Dryer included in each unit. * Updated mechanicals and modern finishes throughout *Ample parking and outdoor space *Minutes from downtown Lancaster, LGH, and major commuter routes This is a rare chance to own a turnkey, income-producing property with exceptional versatility and premium upgrades. Whether you’re looking to live in one unit and rent out the others, or seeking a solid addition to your investment portfolio, this property offers an incredible value with steady income potential and a prime location.
Listed By
Agency Name: Howard Hanna Real Estate Services - Lancaster
Agency Phone: 7173920200
Shown By
Agent Name: The Tim Shreiner Group
Agent Phone: (717) 560-9100
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Estimated Payment
$ 3,073.27 per month $1,724.81 Principal & Interest $1,122.42 Property Tax $226.04 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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701 703 N Duke Street | MLS# PALA2090062
This multi-family property located at 701 703 N Duke Street, Lancaster, PA 17602 is currently listed for sale with an asking price of $775,000. 703 N Duke Street is located within the SCHOOL DISTRICT OF LANCASTER school district. Search Lancaster real estate on www.shreinergroup.com today.