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About the Listing 1120 - 3400245
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.
Listing Highlights for 227 E Walnut St
Status
Active
Days on Site
9
Property Type
Multi-Family
MLS ®
PALA2097624
Year Built
1875
Total Square Footage
1,902
Lot/Acreage
0.06
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full
- Appliances:
- Air Cond: Central A/C,Window Unit(s),Ceiling Fan(s)
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1902
- Basement: Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 2
- Zoning: R3
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Detached Carport,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $5,927
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
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Listing Location
Questions About..
227 E Walnut St Lancaster, PA 17602
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