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13 E Walnut St, Lancaster, PA, 17602

5beds
--baths
2,688sqft
$659,900
$245price/sqft
$4,473/moest. monthly cost
$178,920/yrincome needed

About This Home

PRICE REDUCTION - $699,900. Turnkey 4-Unit Investment Property in a great Downtown Lancaster location. 13 E. Walnut Street is a beautifully kept and maintained 4-unit investment property that is located in Lancaster’s Central Business District. This neighborhood is known for its vibrant downtown atmosphere and proximity to the City’s most popular amenities and attractions. This property features a good unit mix with a 2-bedroom apartment, two 1-bedroom apartments, and a studio, offering great rental appeal with a history of consistent occupancy. Each unit has recently been upgraded with attractive finishes including kitchens, bathrooms, flooring, and replacement exterior windows. This property features separated electric and gas utilities. Each unit operates independently for efficiency and ease of management. This building is fully occupied and provides immediate in place income. The current rents are below market offering a clear value add opportunity for the future. This property offers everything savvy investors look for: location, updates, income potential, and long-term growth.

Getting Around

98
WalkingWalker's Paradise
0
TransitVery Limited Transit
79
BikeVery Bikeable

Schools

5/10
Ross El SchoolGrades PK-50.6 mi
6/10
Reynolds Middle SchoolGrades 6-80.7 mi
5/10
Mccaskey CampusGrades 9-120.9 mi

Construction

Condition

  • Property condition: Very Good
  • Year built: 1910

Materials

  • Foundation: Other
  • Construction materials: Brick,Masonry

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Area: 980

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 5

Heating & Cooling

  • Heating features: Radiator,Hot Water,Natural Gas
  • Cooling features: Window Unit(s),Electric

Interior Area

  • Total structure area: 3,668
  • Total interior livable area: 2,688 sqft

Property

Accessibility

  • Accessibility features: Accessible Doors

Details

  • Parcel number: 3367641900000
  • Zoning: CB1
  • Zoning description: Central Business District 1
  • Special condition: Standard

Features

  • Pool features: None

Lot

  • Lot size: 2,178 sqft
  • Lot size dimensions: 0.00 x 0.00

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes