227 E WALNUT ST, Lancaster, PA 17602
227 E WALNUT ST, Lancaster, PA 17602
227 E WALNUT ST, Lancaster, PA 17602
227 E WALNUT ST, Lancaster, PA 17602
227 E WALNUT ST, Lancaster, PA 17602
227 E WALNUT ST, Lancaster, PA 17602
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Listed by Shade Foreman • PPM Real Estate, Inc.
$ 425,000
Est. payment | /mo

1,902 SqFt


Save
$ 425,000
Est. payment | /mo
Save

1,902 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 1,902 sqft

Price per Sqft $223

MLS Listing ID PALA2097624

Style Traditional

Abv Grd Liv Area 1,902

Year Built 1875

Available Date 2026-10-29

Annual Tax Amount $5,927

Tax Year 2026

Lot Size 2,614 Sqft

Acres 0.06

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

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.

Location

State PA

County Lancaster

Area Lancaster City (10533)

Zoning R3

Rooms

Basement Unfinished

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C, Window Unit(s), Ceiling Fan(s)

Heat Source Natural Gas

Exterior

Garage Spaces 2.0

Carport Spaces 2

Water Access N

Accessibility None

Total Parking Spaces 2

Garage N

Private Pool No

Building

Foundation Stone, Slab

Above Ground Finished SqFt 1902

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District School District Of Lancaster

Others

Tax ID 336-09430-0-0000

Ownership Fee Simple

SqFt Source 1902

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

CG REALTY LLC

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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227 E WALNUT ST