CHARIS REALTY GROUP

Traditional

227 E WALNUT STREET

LANCASTER, PA 17602

MLS#: PALA2097624

$425,000

Status: Active
Listing number: PALA2097624
Listing provided by: PPM Real Estate, Inc.
Listing agent phone: None
Last update: 5 hours ago
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Property

Beds

4

Full Baths

None

1/2 Baths

None

Year Built

1875

Sq.Footage

1,902

2 Unit property located one block from the new Catherine Hershey School, 2.5 blocks to LGH/Penn Medicine Hospital and a 10 minute walk to downtown Lancaster. Landlord benefits: No interior or exterior common areas except the 2 car carport. Landlord only pays for water/sewer/trash. 2 Gas furnaces, 2 hot water heaters, brand new sewer line from outside trap to house was completed in October. Roof was done just one year ago. These apartments have always leased quickly. Unit 1: Two bedroom, rented for $1,565/mo. through 2/28/27 - Large private backyard, 1 carport parking space, central air, dishwasher, private laundry and storage space in basement. Unit 2: Two bedroom plus bonus room on 3rd floor, rented for $1,525/mo. through 1/31/27 - 1 carport parking space, private laundry, sunroom, large closet in primary bedroom. Tenants pay gas and electric. Gross Income $37,080. Taxes, Insurance, w/s/t, rental license $9,433 = NOI $27,647. Photos are from the previous apartment listings. Seller is a licensed PA Broker at PPM Real Estate.

Features & Amenities

Interior

  • Total Bedrooms

    4

  • Bathrooms

    N/A

  • Above Grade Finished Area

    1902.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air, Window Unit(s), Ceiling Fan(s), Electric

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Detached Carport, Detached

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.06

  • Lot Size(square feet)

    2,614

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

  • Architectural Style

    Traditional

Price

  • Sales Price

    $425,000

  • Tax Amount

    $5,927

  • Sq. Footage

    1,902

  • Price/SqFt

    $223

HOA

  • Association

    N/A

  • Total Monthly Fees

    true

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Stone, Slab

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

LANCASTER

Elementary School

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Listing Courtesy of Shade Foreman, PPM Real Estate, Inc.

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Agent Chana Shaffer

Salesperson, Realtor

Chana Shaffer

Call Chana today to schedule a private showing.

(814) 494-0636

chana@charisrealty.com


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2 Unit property located one block from the new Catherine Hershey School, 2.5 blocks to LGH/Penn Medicine Hospital and a 10 minute walk to downtown Lancaster. Landlord benefits: No interior or exterior common areas except the 2 car carport. Landlord only pays for water/sewer/trash. 2 Gas furnaces, 2 hot water heaters, brand new sewer line from outside trap to house was completed in October. Roof was done just one year ago. These apartments have always leased quickly. Unit 1: Two bedroom, rented for $1,565/mo. through 2/28/27 - Large private backyard, 1 carport parking space, central air, dishwasher, private laundry and storage space in basement. Unit 2: Two bedroom plus bonus room on 3rd floor, rented for $1,525/mo. through 1/31/27 - 1 carport parking space, private laundry, sunroom, large closet in primary bedroom. Tenants pay gas and electric. Gross Income $37,080. Taxes, Insurance, w/s/t, rental license $9,433 = NOI $27,647. Photos are from the previous apartment listings. Seller is a licensed PA Broker at PPM Real Estate.

227 E WALNUT STREET

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