REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 229,000
Est. payment /mo
New
246 N Pearl Avenue Lancaster, OH 43130
5 Beds
2.5 Baths
2,204 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,204 sqft
Price per Sqft $103
MLS Listing ID 226012738
Style Traditional
Bedrooms 5
Full Baths 2
HOA Y/N No
Year Built 1900
Annual Tax Amount $2,585
Lot Size 2,178 Sqft
Lot Dimensions 0.05
Property Sub-Type Single Family Residence
Source Columbus and Central Ohio Regional MLS
Property Description
Charming historic home with incredible upside potential located in the heart of Lancaster, just minutes from downtown amenities, restaurants, and local attractions.
This spacious 5-bedroom, 2.5-bath property offers a rare combination of character, size, and value-add opportunity. Built in 1900, the home retains its timeless appeal with features such as original hardwood flooring, decorative fireplaces, pocket doors, and classic architectural details that highlight its historic charm.
The layout includes a generous living and dining area, an eat-in kitchen, and multiple functional spaces--ideal for both homeowners and investors.
While the property has been well maintained structurally, it does require cosmetic updates (TLC), presenting an excellent opportunity for:
Investors seeking a value-add flip or BRRRR strategy
Buyers looking to customize a historic home
Rental investors targeting strong demand near downtown Lancaster
Located in an established neighborhood with a strong sense of community, this property benefits from walkability to downtown events, schools, and daily conveniences, making it highly attractive for both resale and rental positioning.
With comparable renovated homes in the area showing strong values, this property presents a compelling opportunity to unlock equity through light-to-moderate cosmetic improvements.
This spacious 5-bedroom, 2.5-bath property offers a rare combination of character, size, and value-add opportunity. Built in 1900, the home retains its timeless appeal with features such as original hardwood flooring, decorative fireplaces, pocket doors, and classic architectural details that highlight its historic charm.
The layout includes a generous living and dining area, an eat-in kitchen, and multiple functional spaces--ideal for both homeowners and investors.
While the property has been well maintained structurally, it does require cosmetic updates (TLC), presenting an excellent opportunity for:
Investors seeking a value-add flip or BRRRR strategy
Buyers looking to customize a historic home
Rental investors targeting strong demand near downtown Lancaster
Located in an established neighborhood with a strong sense of community, this property benefits from walkability to downtown events, schools, and daily conveniences, making it highly attractive for both resale and rental positioning.
With comparable renovated homes in the area showing strong values, this property presents a compelling opportunity to unlock equity through light-to-moderate cosmetic improvements.
Location
State OH
County Fairfield
Area 0.05
Rooms
Other Rooms None
Basement Full
Dining Room No
Interior
Equipment Yes
Laundry No Laundry Rooms
Exterior
Parking Features On Street
Building
Architectural Style Traditional
Schools
High Schools Lancaster Csd 2305 Fai Co.
School District Lancaster Csd 2305 Fai Co.
Others
Tax ID 05-33016-100
Listed by Gangadhara Gumma EXP Realty, LLC