718 N Shippen Street, Lancaster, PA 17602 $300,000

Beds/Baths: 4/2
Interior Sq. Ft: 2,054
Acreage: 0.05
Age:112 years
Style:
Traditional
MLS#: PALA2060310
Subdivision: None Available
Design/Type:
Interior Row/Townhouse

Description

Want to net $25,400/year on one property? Airbnb for sale in Lancaster City! This property is licensed and operating as a short-term rental. Included with the sale are all appliances, furniture, décor, guest amenities, everything! This rental is completely turnkey and has projected potential annual revenue of $51,000 and net income of $25,400. This home has been beautifully renovated while maintaining its historic woodwork, flooring and much more. High ceilings and large windows fill the space with natural light. Located on a quiet street with parking permits makes parking easy for the owner and guests. Outside you’ll find a large flat back yard with an option for off-street parking. Your guests are within a short walking distance to a corner grocer, restaurants and entertainment. This is a fantastic opportunity to own a meticulously cared for property while earning a substantial income. Reach out to our team today to learn more!

Taxes: $4,062
Home Assoc: No
Condo Assoc: No
Garage: N
Basement: Y
Pool: No Pool
School Dist: School District Of Lancaster

Features

Utilities
Forced Air Heating, Natural Gas, Central A/C, Electric, Hot Water - Natural Gas, Public Water, Public Sewer

Garage/Parking
Off Street, On Street

Interior
Partially Finished Basement, Accessibility - 2+ Access Exits

Exterior
Permanent Foundation, Brick Exterior

Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address. Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.

Public Elementary (23 schools)

School District Grades Place Distance
Ross Elementary School Lancaster School District Preschool–5 Lancaster 0.39 mi
Wickersham Elementary School Lancaster School District Preschool–5 Lancaster 0.66 mi
Brecht School Manheim Township School District K–4 Lancaster 0.67 mi
Wharton Elementary School Lancaster School District Preschool–5 Lancaster 0.76 mi
Fulton Elementary School Lancaster School District Preschool–5 Lancaster 0.86 mi
Schaeffer School Manheim Township School District K–4 Lancaster 0.86 mi
King Elementary School Lancaster School District Preschool–5 Lancaster 1.11 mi
Burrowes Elementary School Lancaster School District Preschool–5 Lancaster 1.12 mi
Carter and MacRae Elementary School Lancaster School District Preschool–5 Lancaster 1.15 mi
Washington Elementary School Lancaster School District Preschool–5 Lancaster 1.41 mi
Price Elementary School Lancaster School District Preschool–5 Lancaster 1.68 mi
Lafayette Elementary School Lancaster School District Preschool–5 Lancaster 1.8 mi
Smith-Wade-Elementary Elementary School Lancaster School District Preschool–5 Lancaster 1.92 mi
Hamilton Elementary School Lancaster School District Preschool–5 Lancaster 2.17 mi
Nitrauer School Manheim Township School District K–4 Lancaster 2.2 mi
Bucher School Manheim Township School District K–4 Lancaster 2.8 mi
Rohrerstown Elementary School Hempfield School District K–6 Lancaster 3.32 mi
Neff School Manheim Township School District K–4 Lancaster 3.49 mi
Martin School Lancaster School District Preschool–8 Lancaster 3.53 mi
Fritz Elementary School Conestoga Valley School District K–5 Lancaster 3.62 mi
Eshleman Elementary School Penn Manor School District K–6 Millersville 3.85 mi
East Petersburg Elementary School Hempfield School District K–6 East Petersburg 4.28 mi
Centerville Elementary School Hempfield School District K–6 Lancaster 4.88 mi

Public Middle (8 schools)

School District Grades Place Distance
Lincoln Middle School Lancaster School District 6–8 Lancaster 0.9 mi
Reynolds Middle School Lancaster School District 6–8 Lancaster 1.06 mi
Jackson Middle School Lancaster School District 6–8 Lancaster 1.28 mi
Wheatland Middle School Lancaster School District 6–8 Lancaster 1.86 mi
Landis Run Intermediate School Manheim Township School District 5–6 Lancaster 3.39 mi
Manheim Township Middle School Manheim Township School District 7–8 Lancaster 3.77 mi
Gerald G Huesken Middle School Conestoga Valley School District 6–8 Lancaster 4.18 mi
Manor Middle School Penn Manor School District 7–8 Lancaster 4.96 mi

Public High (7 schools)

School District Grades Place Distance
McCaskey Campus Lancaster School District 9–12 Lancaster 0.61 mi
La Academia Partnership Charter School La Academia Partnership Charter School 6–12 Lancaster 0.77 mi
Phoenix Academy Lancaster School District 6–12 Lancaster 1.26 mi
Manheim Township High School Manheim Township School District 9–12 Lancaster 3.63 mi
Penn Manor High School Penn Manor School District 9–12 Millersville 4.23 mi
Conestoga Valley Senior High School Conestoga Valley School District 9–12 Lancaster 4.29 mi
Lancaster County CTC-Willow St Campus Lancaster County CTC 9–12 Willow Street 4.88 mi

Private (23 schools)

School Grades Place Distance
Lancaster Catholic High School Roman Catholic 9–12 Lancaster 0.59 mi
Resurrection Catholic School Roman Catholic Preschool–8 Lancaster 0.73 mi
Sacred Heart School Roman Catholic Preschool–8 Lancaster 1.05 mi
Wonder Academy Christian (no specific denomination) Preschool–K Lancaster 1.08 mi
Lancaster Country Day School Nonsectarian Preschool–12 Lancaster 1.4 mi
New School Montessori Nonsectarian Preschool–8 Lancaster 1.44 mi
Way Of Jesus Academy Christian (no specific denomination) K–10 Lancaster 1.9 mi
Anchor Christian Academy Christian (no specific denomination) 7–12 Lancaster 2.52 mi
Lancaster County Christian School-West Lampeter Christian (no specific denomination) Preschool–6 Lancaster 2.56 mi
River Rock Academy - Lancaster Nonsectarian 9–12 Lancaster 3.16 mi
Montessori Academy Of Lancaster Nonsectarian Preschool–6 Lancaster 3.3 mi
Chesterbrook Academy Nonsectarian Preschool–K Lancaster 3.54 mi
Rocky Springs School Amish 1–8 Lancaster 4 mi
Lancaster Mennonite School-Lancaster Campus Mennonite 6–12 Lancaster 4.25 mi
Snake Hill Amish School Amish 1–8 Bird In Hand 4.36 mi
Wee Care Day School Nonsectarian Ungraded East Petersburg 4.53 mi
Kindercare Learning Center Nonsectarian K Willow Street 4.6 mi
Witmer Amish School Amish 1–8 Lancaster 4.61 mi
Rockvale Amish School Amish 1–8 Lancaster 4.68 mi
Lancaster Mennonite School New Danville Mennonite Preschool–5 Lancaster 4.73 mi
The Jenkins School Nonsectarian Preschool–K Lancaster 4.84 mi
Greenland Amish School Amish 1–8 Lancaster 4.97 mi
Greenland School Amish 1–8 Leola 4.97 mi

© 2024 LiveBy. All Rights Reserved.

This report is a detailed community overview for Lancaster (17602), Pennsylvania.

Community Quick Facts

  • Average travel time to work for people in this community: 21
  • Average salary of people in this community: $41,498

Community Summary

  • Population Density (ppl / mile): 1,934
  • Household Size (ppl): 2.51
  • Households w/ Children: 57%

Housing Inventory

  • Owned: 10,219 (50.2%)
  • Rented: 8,790 (43.2%)
  • Vacant: 1,337 (6.6%)
  • Total: 20,346

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Total: 50,417
Households: 19,009
Median Age: 37.90

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature

Education

Highest Level of Education Attained

  • Less than 9th Grade: 7.1%
  • Some High School: 10.8%
  • High School Graduate: 33.7%
  • Some College: 16.5%
  • Associate Degree: 6.6%
  • Bachelor's Degree: 14.8%
  • Graduate Degree: 10.4%

Income by dollar range

Median Income: $56,381

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

  • Studio: $543
  • One Bedroom: $819
  • Two Bedroom: $1,020
  • Three Bedroom: $1,067
  • Four Bedroom: $1,113

© 2024 LiveBy. All Rights Reserved.

Contact Information

Listing Courtesy of: Keller Williams Elite , (717) 553-2500, klrw1040@kw.com

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 11/14/2024.

718 N Shippen Street, Lancaster, PA 17602

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Broker Compensation

An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.