Property
Beds
5
Full Baths
None
1/2 Baths
None
Year Built
1910
Sq.Footage
2,688
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.
Features & Amenities
Interior
-
Total Bedrooms
5
-
Bathrooms
N/A
-
Above Grade Finished Area
2688.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Window Unit(s), Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Hot Water, Radiant
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.05
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
-
Architectural Style
Traditional
Price
-
Sales Price
$799,000
-
Tax Amount
$7,305
-
Zoning
Central Business District 1
-
Sq. Footage
2, 688
-
Price/SqFt
$297
HOA
-
Association
No
School District
-
Elementary School
ROSS
-
Middle School
JOHN F REYNOLDS
-
High School
MCCASKEY H.S.
Property Features
-
Accessibility Features
Accessible Doors
-
Foundation Details
Other
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
LANCASTER
Elementary School
ROSS
Middle School
JOHN F REYNOLDS
High School
MCCASKEY H.S.
Listing Courtesy of Jonathan Breitegan , EXP Realty, LLC
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