227 E WALNUT STREETLANCASTER, PA 17602
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Enter an interest rate to see your estimated monthly payment.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.
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