507 W WALNUT STREET
LANCASTER, PA 17603

Sold Price: $340,000
List Price: $350,000
Sold Date: Jul 12, 2024

Number of Units: 2
Type: Multi-Unit Residential
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Listing #PALA2052974
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!
Buyer's Agent: Laura Eshbach
Listing Agent: Tanya L Sutcliffe
Property Features
Location Information
County: LANCASTER
Municipality: LANCASTER CITY
MLS Area: Lancaster City (10533)
Subdivision: CHESTNUT HILL
Interior Features
Heating: Forced Air
Heating Fuel: Natural Gas
Cooling: Window Unit(s)
Basement Description: Full, Dirt Floor, Outside Entrance, Poured Concrete, Rear Entrance, Unfinished
Has Basement: Yes
Total Number of Units: 2
Exterior Features
Is New Construction: No
Exterior: Gutter System, Sidewalks
Foundation: Permanent, Stone
Septic or Sewer: Public Sewer
Has Garage: No
Lot Size in Acres: 0.06
Condition: Very Good
Transportation: Bus Stop less than 1 mile, Commuter Rail Station le
Additional Information
ListDate: 2024-06-29 00:00:00.0
Property Type: RI
Property SubType: Duplex
Year Built: 1900


$ per month
Year Fixed. % Interest Rate.
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Monthly Tax: $
Monthly Insurance: $
Term
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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