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Sold for $340,000 on 07/12/24
  • $340,000

    507 W Walnut St, Lancaster, PA 17603

    3beds
    2baths
    2,070sqft
    Townhouse
    Built in 1900
    -- sqft lot
    $358,800 Zestimate®
    $164/sqft
    $1,765 Estimated rent

    What's special

    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!

    Zillow last checked: 7 hours ago

    Listing updated: July 12, 2024 at 04:42am

    Listed by:

    Tanya Sutcliffe 717-475-0315,

    RE/MAX SmartHub Realty

    Bought with:

    Laura Eshbach, RS356644

    Howard Hanna Real Estate Services - Lancaster

    Source: Bright MLS,MLS#: PALA2052974MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Basement
    • Area: 0
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Window Unit(s), Electric
    Appliances
    • Included: Dryer, Refrigerator, Washer, Water Heater, Gas Water Heater
    Features
    • Plaster Walls
    • Flooring: Hardwood, Wood
    • Basement: Full,Dirt Floor,Exterior Entry,Concrete,Rear Entrance,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 2,070
    • Total interior livable area: 2,070 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Doors - Swing In
    Features
    • Patio & porch: Deck, Porch
    • Exterior features: Rain Gutters, Sidewalks
    • Pool features: None
    • Has view: Yes
    • View description: Street
    Lot
    • Size: 2,614 sqft
    • Features: Urban
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 3390316000000
    • Zoning: 114 RES: 2 FAM DWLG
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Townhouse
    Materials
    • Brick, Masonry
    • Foundation: Permanent, Stone
    Condition
    • Very Good
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Lancaster
    • Subdivision: Chestnut Hill
    • Municipality: LANCASTER CITY

    HOA & financial

    Other financial information
    • Total actual rent: 27700

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Income includes: Apartment Rentals
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    Services availability
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $358,800
    2% more+ $7,176
    With Zillow Showcase(estimated)
    $365,976