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Listed by Ben Esh • Astoria Realty Advisors LLC

$849,000

Est. payment - /mo

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5,227 Sqft Lot

Coming Soon

19 & 25 S ANN ST Lancaster, PA 17602

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Darius Ramsey

[email protected] +1(717) 400-1041

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Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Coming Soon

Purchase Type For Sale

MLS Listing ID PALA2095166

Year Built 1900

Available Date 2026-09-17

Annual Tax Amount $10,537

Tax Year 2026

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

A rare opportunity to invest in Lancaster City's thriving rental market. This offering includes two nearly adjacent, recently renovated buildings totaling 15 income-producing units — 3 self-contained apartments plus 12 licensed rooming units with shared kitchens and baths. Fully occupied and professionally managed, this turn-key asset carries all licensing already in place for its current use, positioning it in one of Lancaster's highest-demand housing segments: attainable, affordable rentals. Comprehensive 2025 renovations minimize near-term capital expenditures. Priced to reflect an 8% cap rate on realistic operating expenses (including management and maintenance), this is a stabilized, cash-flowing asset ready to add to your portfolio — available together or as two individual properties. Solid brick construction, public water/sewer, and on-site parking round out the offering. Don't miss the opportunity!

Location

State PA

County Lancaster

Area Lancaster City (10533)

Zoning COMM-RETAIL

Interior

Hot Water Natural Gas

Heating Hot Water, Radiator

Cooling Window Unit(s)

Flooring Vinyl

Inclusions All appliances belonging to seller

Heat Source Natural Gas

Exterior

Garage Spaces 2.0

Utilities Available Electric Available, Natural Gas Available, Sewer Available, Water Available

Water Access N

View City

Roof Type Rubber,Architectural Shingle

Street Surface Black Top

Accessibility 2+ Access Exits

Road Frontage City/County

Total Parking Spaces 2

Garage N

Building

Lot Description Level, Rear Yard, Road Frontage, SideYard(s)

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

Elementary Schools Burrowes

Middle Schools Lincoln M.S.

High Schools Mccaskey H.S.

School District School District Of Lancaster

Others

Tax ID 337-96388-0-0000

Ownership Fee Simple

Security Features Carbon Monoxide Detector(s),Smoke Detector

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

NEARBY SCHOOL & BUSINESS

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Darius Ramsey

Agent RSRS292802

+1(717) 400-1041

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19 & 25 S ANN ST Lancaster, PA 17602

Darius Ramsey

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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19 & 25 S ANN ST