240 E Orange Street, Lancaster, PA 17602Asking Price of: $464,900

Multiple Offers Recieved. Offer Deadline 04/20/26 @ 5pm. Whether you’re looking for a lucrative two unit investment property ready to cash flow or a spacious single family dwelling, this home is exactly what you’re looking for. The magic of this home is how perfectly it can serve either purpose. With a fire door on the 2nd floor between both apartments and a wall that can easily be removed (as it has been before) between the front entryway/stairwell and the living room, this home can easily serve as a spacious single family dwelling that flows elegantly throughout. 240 E Orange is perfectly situated as Central market is an easy 10 minute walk, Musser Park is just a block away, and many of Downtown Lancaster’s best features are easily accessible. Several aspects of this home make it very desirable to prospective tenants. When you step inside apartment 1, there are a few things that stand out: Impressively high ceilings, a formal dining room with plenty of room for a sizable table, a large living room with windows reaching almost floor to ceiling, and a gorgeous kitchen with corian countertops, modern stainless steel appliances, including the coveted double oven. The 1st floor also features a full bath. Upstairs, the primary bedroom takes the cake with a private bathroom and in-suite laundry. The 2nd bedroom is a comfortable size and can easily serve as a bedroom or an office space. When you walk through the fire door into what is currently apartment 2, you’ll ogle the continuous handrail spanning all the way from the 1st floor up to the 3rd floor. On the 2nd floor you’ll find the full bathroom, an eat-in kitchen, a spacious living room, that can alternatively be used as a bedroom, if desired, and the 3rd floor features two more comfortable bedrooms. This home features both luxurious hardwood floors and plush carpet throughout. Beyond the desirability of the home itself, there are 3 parking spaces that can provide additional income. When you stand outside looking upon this home there’s a few things that stand out. The color scheme accenting the beautiful windows and timeless brick that reflect the historical beauty of the home. The pattern of the slate on the front roof of the home is preserved perfectly from a time when architectural beauty truly served as a priority. The three floors of this home tower boldly, standing as an essential piece of what makes E Orange street so beautiful. This home isn’t just an investment property, but a home that can be utilized in different ways depending on your current needs, or wherever life takes you.