602 St Joseph StLancaster, PA 17603

This exceptional mixed-use investment property, located at 602 St Joseph St in Lancaster City, Pennsylvania, presents a compelling opportunity for value-add investors. The property, a two-story building constructed in 1870 and extensively renovated in 2019, boasts 2,368 square feet and is currently 100% occupied by two tenants. The building features a ground-floor commercial storefront and a four-bedroom, one-bathroom residential apartment on the upper level, providing a diverse income stream. Recent improvements include a new commercial storefront and facade (2019), a complete HVAC system replacement (2019), and a brand-new roof installed in 2023. The property is zoned R-3 and situated in Lancaster City's desirable SOWE District. Currently operating with below-market rents, this property offers significant potential for increased profitability through effective property management and rent adjustments. The building's strong foundation, recent upgrades, and prime location make it an attractive investment with considerable upside. The asking price is $300,000.