Great 3-unit investment property! Situated in the very walk-able East End of Lancaster City, just a few blocks from Musser Park, sits this desirable 3-unit apartment building! There are two, 2-bedroom units and one, 1-bedroom unit. This apartment building is conveniently located within blocks of several restaurants, pubs, and other city hot spots. Fully rented with great young professional tenants. Recent renovations. Units 1 & 3 have updated kitchens, bathrooms, and on-site laundry. Unit two has not been updated as the tenants have been 5 year tenants (otherwise it would have been renovated, as well). However, unit 2 is still very rentable and desirable, as is. Pictures of units 1 & 2 have been uploaded. Unit 3 has been renovated in similar fashion as unit 1. Current month rents total $4,085 per month. Recent city inspection. Owner pays water/sewer, trash, heat (heating system is high efficiency gas boiler system with desirable radiant heat).
Sold for $445,000 on 10/25/24
$445,000
127 E Walnut St, Lancaster, PA 17602
5beds
--baths
3,022sqft
Townhouse
Built in 1887
-- sqft lot
$536,500 Zestimate®
$147/sqft
$1,917 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: October 25, 2024 at 05:03pm
Listed by:
OwnerEntry.com White 617-542-9300,
OwnerEntry.com
Bought with:
OwnerEntry.com White, SBR005629
OwnerEntry.com
Source: Bright MLS,MLS#: PALA2057612

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
Basement
- Area: 0
Heating
- Radiator, Natural Gas
Cooling
- None
Appliances
- Included: Range Hood, Oven/Range - Electric, Refrigerator, Electric Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 3,022
- Total interior livable area: 3,022 sqft
Property
Parking
- Parking features: Off Street
Accessibility
- Accessibility features: Other
Features
- Pool features: None
Lot
- Size: 1,742 sqft
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 3364881400000
- Zoning: R
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Townhouse
Materials
- Brick, Masonry
- Foundation: Brick/Mortar
Condition
- New construction: No
- Year built: 1887
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Lancaster
- Municipality: LANCASTER CITY
HOA & financial
Other financial information
- Total actual rent: 49032
Other
Other facts
- Listing agreement: Exclusive Agency
- Ownership: Fee Simple
Services availability

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Get a free Zillow Showcase℠ listing and you could sell for .
$536,500
2% more+ $10,730
With Zillow Showcase(estimated)
$547,230