152 E Walnut St, Lancaster, PA 17602

Property Description

***6 Mostly Tenant-Occupied Downtown Lancaster Properties Just Listed. Offered for sale individually or as an investment portfolio: 2-UNIT 241 N FRANKLIN ST. $224,900. // SOLD, 1-UNIT 243 N FRANKLIN ST. $210,000. // SOLD, 3-UNIT 152 E WALNUT ST. $474,900., 1-UNIT 40 N PLUM ST. $229,900., 2-UNIT 145 E CHESTNUT ST. $549,900, 3-UNIT + GARAGE 404 W ORANGE ST. $349,900. // SOLD*** This end-of-row property features a solid brick construction, ensuring durability and low maintenance. Each of the 3 floors has a 1-bedroom unit with full bathroom featuring clawfoot tubs, and a good-sized living room and separate kitchen. Preserved original millwork and custom built-ins throughout. Each floor has backyard access! With a full basement, the possibilities for additional storage or rental space are endless. New Roof 2024 and Whole House Repaint 2020. Situated on a 0.07-acre lot, this property offers off-street parking for up to 5 vehicles (2 on the side and 3 in the back), a significant advantage in maximizing rental income. The traditional architectural style adds character, appealing to a wide range of tenants. Investors will appreciate the potential for strong cash flow in a growing market. With no pool or extensive amenities to maintain, your focus can remain on maximizing returns. The property's strategic location enhances its desirability, making it an ideal addition to your portfolio. Seize this opportunity to invest in a property that combines historical charm with modern potential-your next successful venture awaits!