315 W WALNUT ST new to site

Lancaster,PA 17603

$ 325000

- Bed

- Bath

1530 SqFt


Key Details

Property Type Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,530 sqft

Price per Sqft $212

Subdivision Chestnut Hill

MLS Listing ID PALA2077312

Style Colonial

Abv Grd Liv Area 1,530

Year Built 1900

Available Date 2025-10-06

Annual Tax Amount $4,919

Tax Year 2025

Lot Size 1,742 Sqft

Acres 0.04

Lot Dimensions 0.00 x 0.00

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

Welcome to 315 W Walnut Street, a well-kept two-unit investment property in the desirable Chestnut Hill neighborhood. This property offers strong rental history with the same long-term tenants since 2018, making it a turnkey opportunity for investors.

The first-floor unit features a living room that flows into the eat-in kitchen, which can be closed off with a set of French doors for added privacy. Off the back of the kitchen lies the primary bedroom with an ensuite bath. This unit also includes all-electric utilities as well as washer and dryer hookups.

Apartment two spans the second floor and offers a living room, eat-in kitchen, one bedroom with a full bath, and a second private bedroom upstairs. This unit has gas heat, gas stove and electric hot water,

Both units have newer hot water heaters and separate utilities, keeping operating costs low.
The property showcases great curb appeal, a peaceful rear yard, and two entrances for each unit. Water and insurance are paid by the owner, while tenants cover electric, heat, and trash.

Whether you're expanding your portfolio or looking for your first investment, this property delivers consistent income and minimal upkeep in a prime Lancaster location.

Location

State PA

County Lancaster

Area Lancaster City (10533)

Zoning RESIDENTIAL

Rooms

Basement Outside Entrance,Poured Concrete

Interior

Interior Features Bathroom - Stall Shower,Floor Plan - Traditional,Wood Floors

Hot Water Electric

Heating Forced Air

Cooling None

Flooring Hardwood,Ceramic Tile

Inclusions All kitchen appliances.

Equipment Refrigerator,Oven/Range - Electric,Oven/Range - Gas

Fireplace N

Window Features Double Pane,Energy Efficient,Insulated

Appliance Refrigerator,Oven/Range - Electric,Oven/Range - Gas

Heat Source Natural Gas

Exterior

Water Access N

Roof Type Composite,Shingle

Accessibility 2+ Access Exits

Garage N

Building

Foundation Block

Above Ground Finished SqFt 1530

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade,Below Grade

New Construction N

Schools

School District School District Of Lancaster

Others

Tax ID 339-12271-0-0000

Ownership Fee Simple

SqFt Source 1530

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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