Lancaster, PA 17603,507 W WALNUT ST
Lancaster, PA 17603,507 W WALNUT ST
Lancaster, PA 17603,507 W WALNUT ST
Lancaster, PA 17603,507 W WALNUT ST
Lancaster, PA 17603,507 W WALNUT ST
Lancaster, PA 17603,507 W WALNUT ST
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$340,000

$350,000

2.9%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

2,070 SqFt


SOLD DATE : 07/12/2024

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)

Water Access N

View Street

Accessibility Doors - Swing In

Porch Deck(s), Porch(es)

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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Bright MLS (BMLS)
Listed by Tanya L Sutcliffe • RE/MAX SmartHub Realty
Bought with Laura Eshbach • Howard Hanna Real Estate Services - Lancaster
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