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507 W WALNUT ST Lancaster, PA 17603
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Key Details
Sold Price $340,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,070 sqft
Price per Sqft $164
Subdivision Chestnut Hill
MLS Listing ID PALA2052974
Sold Date 07/12/24
Style Traditional
Abv Grd Liv Area 2,070
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $6,137
Tax Year 2023
Lot Size 2,614 Sqft
Acres 0.06
Lot Dimensions 0.00 x 0.00
Property Description
Welcome to 507 W Walnut Street, a beautifully renovated duplex nestled in the heart of Lancaster City. This property offers an exceptional opportunity for both investors and homeowners alike. Enjoy the benefits of modern living with recent renovations that enhance both units, ensuring a fresh and contemporary feel throughout. Thoughtfully designed to be low maintenance, giving you peace of mind and reducing upkeep costs. The first unit is home to a reliable long-term tenant who has just signed a new year-long lease, providing immediate and consistent rental income. The second unit, featuring 2 spacious bedrooms, is ready to rent right away. Move in new tenants and start generating income without delay. Just a stone's throw away from the bus and train stations, this location is perfect for tenants looking for easy access to transportation and the vibrant amenities of Lancaster City. Whether you're an investor seeking a profitable rental property or a homeowner looking to offset your mortgage with rental income, 507 W Walnut Street is the perfect choice. Don't miss out on this fantastic opportunity to own a piece of Lancaster City's thriving real estate market. Schedule your showing today and step into a promising future with this amazing duplex!
Location
State PA
County Lancaster
Area Lancaster City (10533)
Zoning 114 RES: 2 FAM DWLG
Rooms
Basement Full, Dirt Floor, Outside Entrance, Poured Concrete, Rear Entrance, Unfinished
Interior
Interior Features Wood Floors
Hot Water Natural Gas
Heating Forced Air
Cooling Window Unit(s)
Flooring Hardwood
Equipment Dryer - Electric, Refrigerator, Washer, Water Heater
Fireplace N
Appliance Dryer - Electric, Refrigerator, Washer, Water Heater
Heat Source Natural Gas
Exterior
Exterior Feature Deck(s), Porch(es)
Waterfront N
Water Access N
View Street
Accessibility Doors - Swing In
Porch Deck(s), Porch(es)
Parking Type On Street
Garage N
Building
Foundation Permanent, Stone
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
Structure Type Plaster Walls
New Construction N
Schools
High Schools Mccaskey H.S.
School District School District Of Lancaster
Others
Tax ID 339-03160-0-0000
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Laura Eshbach • Howard Hanna Real Estate Services - Lancaster
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