tomo logo

$759,000

Beds
5
Baths
4.0
sq ft
2,520

11 E Walnut St, Lancaster, PA 17602

11 E Walnut St

LANCASTER, PA 17602

  • 2 days on market
Welcome to this gorgeous, newly renovated 4 unit property, located in one of the most desirable locations in beautiful downtown Lancaster. This offers a wonderful opportunity for both homeowners and investors alike, and is currently vacant to offer full flexibility to the next owner. Live in one unit and generate rental income from the rest, or make it an ideal multi-generational living space, or enjoy cashflow from a high quality asset for years to come. This property blends modern convenience with classic charm, featuring spacious, well-designed living areas and desirable amenities throughout. Each residence features stylish, fully upgraded kitchens with sleek granite countertops and all-new appliances, including dishwashers. Enjoy the comfort of central air, all new HVAC systems to keep utility bills in check, and a laundry area in the rear of building. Virtually everything in this property is brand new: mechanical systems, electrical, kitchens, and bathrooms—giving you peace of mind and what should be years of worry-free living. Located in the middle of Lancaster’s vibrant downtown, you'll have a short walk to restaurants, shops, and cultural attractions, while also being a short drive from scenic country landscapes. Don’t miss out on this opportunity—schedule your tour today!

Details

Property type

Duplex

Lot size

2,178 sq ft

Price per sq ft

$302

Year built

1880

Annual property taxes

$6,866

HOA

No

Price History

01/20/2025
Bright

Bright #PALA2063214

Listed
$759,000
+240.36%
04/29/2022
Bright

Bright #PALA2013696

Sold
$223,000

Schools & Community

Neighborhood: 

Central Business District

Elementary school: 

ROSS E.S.

Middle school: 

JOHN F REYNOLDS

High school: 

MCCASKEY H.S.

Community features: 

Sidewalks, Street Lights

School district: 

SCHOOL DISTRICT OF LANCASTER

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Robert H Eby

Loan start date

January 2024

Original loan amount

$3,500,000

Est. remaining balance

Not provided

Interest rate

7.22%

Loan type

Purchase Money Mortgage

Seller

Benjamin A Miller

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/22/2025 at 5:45 AM

Listing updated: 01/21/2025 at 4:44 PM

Listed by: Benuel Esh, Keller Williams Elite Phone #: (717) 553-2500

MLS: Bright #PALA2063214

Bright logo

Recently listed in LANCASTER

$179,900|3 bd|2.0 ba|Manufactured
$599,900|3 bd|2.5 ba|House
$349,900|4 bd|1.5 ba|House
$600,000|4 bd|3.5 ba|House
$319,900|3 bd|1.5 ba|House
$449,000|5 bd|2.5 ba|House
$2,300,000|7 bd|7.0 ba|House
$895,000|5 bd|3.5 ba|House