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    616 N Shippen St Lancaster, PA 17602

    For Lease
    $1,795 /Mo ($10 SF/Yr)

    Recently remodeled 3-bedroom apartment near stores, restaurants, and historic Lancaster.

    Property size:
    2,009 SF
    Lot size:
    0.04 Acres

    Property Features for 616 N Shippen St

    General Information

    Size
    2,009 SF
    Lot size
    0.04 Acres

    Building Details

    Year built
    1898

    Source: Keller Williams Elite Agent Randall Weeber

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Remodeled Apartment in Historic Lancaster

    This recently remodeled apartment features three bedrooms, a new kitchen, and a new bathroom. The property has been freshly painted and includes new floor coverings. Situated on a quiet street, the location provides convenient access to stores and restaurants. Major routes including Rt 30 and Rt 222 are easily accessible from the property. The surrounding neighborhood is considered upscale, and historic Lancaster is within walking distance, offering various activities. The property size is 2009 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sleepy Paws Pet ... Pet Sitter

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Lancaster
    State
    Pennsylvania
    Longitude
    -76.30143
    Latitude
    40.048985

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    FAQs

    What type of property is this?
    Multifamily property - Recently remodeled 3-bedroom apartment near stores, restaurants, and historic Lancaster.
    Where is this multifamily property located?
    The property is located at 616 N Shippen St Lancaster, PA.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - Recently remodeled with NEW KITCHEN, BATHROOM, PAINTING, and FLOOR COVERING.; - Convenient location on a quiet street.; - Minutes from stores, restaurants, and Rt 30/Rt 222.
    (610) 670-2770
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    616 N Shippen St Lancaster, PA 17602
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    Lancaster, PA 17602
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    616 N Shippen St Lancaster, PA 17602
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