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!
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
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#: PALA2052974

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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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