25 S Ann St, Lancaster, PA 17602

Property Description

A beautifully updated income property just around the corner from its sister building at 19 S Ann Street, offering the same turn-key, low-maintenance profile investors look for in Lancaster City's rental market. The property features 1 studio apartment plus 6 private rooms with shared bath, giving it a flexible income mix anchored by strong, steady demand for affordable monthly-lease housing. Comprehensive 2024 Renovations Throughout Like its neighbor, this building has seen extensive top-to-bottom updates: all-new windows, a new mansard roof, and front porch post reinforcement with new metal work. The main roof was inspected, sealed, and repaired by a roofer to extend its lifespan. New LVP flooring and fresh paint run through most of the building, paired with new interior and exterior lighting and updated balcony railings. Common halls and common baths were fully updated, including new plumbing throughout — and Unit B received a brand-new kitchen alongside an updated bathroom, new flooring, and paint, plus a new 20-gallon water heater. New plumbing lines were also run through the basement. The gas boiler is maintained annually, and security cameras are in place throughout. Professionally Managed, Professionally Cleaned Fully occupied and operating on a mix of monthly room leases and annual studio leases, the property is professionally cleaned and managed for a truly hands-off ownership experience. Solid brick construction, public water/sewer, and proximity to downtown Lancaster complete the picture. Available individually or together with 19 S Ann Street as a combined two-property offering