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246 N Pearl Avenue , Lancaster, OH 43130

$229,000
  • 246 N Pearl Avenue , Lancaster, OH 43130 Main Photo

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New to the Market Active
BEDS5 BATHS2 full 1 partial SQUARE FEET2,204 MLS#226012738
STATUSActive PROPERTY TYPEResidential - Single Family SCHOOLLANCASTER CITY

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 strategyBuyers looking to customize a historic homeRental investors targeting strong demand near downtown LancasterLocated 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.

246 N Pearl Avenue | MLS# 226012738

This single family home located at 246 N Pearl Avenue , Lancaster, OH 43130 is currently listed for sale with an asking price of $229,000. This property was built in 1900 and has 5 bedrooms and 2 full and 1 partial baths with 2204 sq. ft. N Pearl Avenue is located within the LANCASTER CITY school district. Search Lancaster real estate on anthonybutson.ikeyrealty.com today.

Property Features

Property Type: Residential - Single Family
Basement: Full
Basement: Yes
Home Style: Traditional
Lot Size: 0.05 Acres
Taxes: $2,585
Year Built: 1900

Feature Descriptions

Parcel #: 05-33016-100
Parking: On Street

Local Schools

School District: LANCASTER CITY

Listed By / Shown By

Listed By

Agency Name: EXP Realty, LLC
Agency Phone: 866-212-4991
Agent Name: Gangadhara Gumma

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Shown By

Agent Name: Anthony Butson
Agent Phone: (734) 818-0071
Agency Title: Key Realty

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Estimated Payment

$ 1,563.17 per month $1,280.96 Principal & Interest $215.42 Property Tax $66.79 Homeowner's Insurance

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