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516 W WALNUT STREET

LANCASTER, PA 17603
Square Ft.
1,904
Active
Multifamily
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$375,000
Income-producing triplex in Lancaster City's desirable Chestnut Hill neighborhood, offering immediate value-add potential. With all units currently vacant, investors have the rare opportunity to lease at current market rents without waiting for tenant turnover, while owner-occupants can live in one unit and generate income from the remaining two. The property… Read MoreRead Less
Courtesy of Timothy K Shreiner, Berkshire Hathaway HomeServices Homesale Realty 717-560-9100
Listing Snapshot
Days Online
16
Last Updated
Property Type
Triplex
Square Ft.
1,904
Lot Size
0.08 Acres
Year Built
1900
MLS Number
PALA2092474
Property Location Map
Additional Details
Property Access
Road Responsibility: City/County
Appliances & Equipment
Dishwasher, Exhaust Fan, Microwave, Oven/Range - Electric, Refrigerator, Stove, Water Heater, Water Heater - Tankless
Basement
Outside Entrance, Sump Pump, Unfinished
Building
Built in 1900, Living area: 1904, 3 stories, Construction Materials: Frame, Metal Siding
Cooling
Ceiling Fan(s), Window Unit(s)
Accessibility Features
2+ Access Exits
Exterior Features
Patio/Porch Features: Porch(es), Brick, Fire Escape
Floors
Carpet, Ceramic Tile, Hardwood, Laminate Plank
Foundation
Stone, Concrete Perimeter
Heating
Radiator, Baseboard - Electric
Interior Features
Attic, Cedar Closet(s), Combination Dining/Living, Floor Plan - Traditional, Wood Floors
Lot
0.08 acres, Dimensions: 0.00 x 0.00
Owner Pays
Sewer, Trash Collection, Lawn/Shrub Care
Parking
Public, Free
Property
Average, Other structures: Above Grade, Below Grade, City, Street
Roof
Composite, Shingle
Sewer
Public Sewer
Taxes
Annual Amount: $9,520, Year: 2025, Zoning: R3- MEDIUM DENSITY, Zoning description: R3 - medium-density residential neighborhoods characterized by attached homes, multifamily dwellings, and smaller lots.
Utilities
Electric Available, Phone Available, Cable TV Available, Water Available, Water Source: Public, 200+ Amp Service
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Schools In The Area

Check out nearby schools with ratings and contact info.
Fulton Elementary School 717-291-6110 Public PK-5
Reynolds Middle School 717-291-6257 Public 6-8
McCaskey High School 717-291-6211 Public 9-12
Fulton Elementary School 717-291-6110 Public PK-5
Fulton Elementary School 717-291-6110 Public PK-5
Reynolds Middle School 717-291-6257 Public 6-8
McCaskey High School 717-291-6211 Public 9-12

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