About this home

Turnkey multi-family investment opportunity in the Village of Lancaster! This high-performing double features two spacious 3-bedroom apartments generating $2,900 in total gross monthly rent, with the downstairs unit currently leased for $1,550 and the upstairs unit for $1,350. The downstairs unit will be delivered vacant by closing, presenting a flexible opportunity for owner-occupants, house-hackers, or investors seeking to place a new tenant at current market rates. All major mechanicals and high-ticket capital improvements have been completed, including a new main sewer line with a transferable 5-year warranty installed in 2025, new hot water tanks in 2025, and a full tear-off roof with gutters completed in 2020. Unlocked asset upside remains with a detached 2-car garage, sunroom office, partially finished attic, and basement storage that offer immediate potential for additional rental income. Separate utilities split responsibility cleanly between units.

Facts and features

Schools

• Lancaster Middle School

  middle · 7-8 · 0.9 mi

  4

• Lancaster High School

  high · 9-12 · 1.7 mi

  10

• William Street School

  elementary · 4-6 · 2.4 mi

  6

• Our Lady Of Pompeii School

  elementary · K-8 · 0.1 mi

• St Marys High School

  high · 9-12 · 0.2 mi

• God's New Covenant Academy

  high · 11-12 · 0.4 mi

Price history

• Oct 5, 2026 · Price Changed$289,000
• Aug 7, 2026 · Listed$299,000
• Apr 24, 2025 · Sold$158,100
• Mar 20, 2014 · Sold$64,900
• Jan 17, 2014 · Price Changed$64,900
• Nov 30, 2013 · Price Changed$79,900
• Oct 15, 2013 · Listed$89,900

Tax history

• 2026$3,439 tax · $80,000 assessed
• 2025$3,332 tax · $80,000 assessed
• 2024$3,271 tax · $80,000 assessed
• 2023$3,258 tax · $80,000 assessed
• 2022$3,186 tax · $80,000 assessed
• 2021$2,547 tax · $80,000 assessed
• 2020$3,474 tax · $89,000 assessed
• 2018$4,345 tax · $89,000 assessed

Home value

$286,000

• Cotality$286,000
• Quantarium$284,834
• Collateral Analytics$296,000

Where it is