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Welcome to 315 W Walnut Street, a well-kept two-unit investment property in the desirable Chestnut Hill neighborhood. This property offers strong rental history with the same long-term tenants since 2018, making it a turnkey opportunity for investors. The first-floor unit features a living room that flows into the eat-in kitchen, which can be closed off with a set of French doors for added privacy. Off the back of the kitchen lies the primary bedroom with an ensuite bath. This unit also includes all-electric utilities as well as washer and dryer hookups. Apartment two spans the second floor and offers a living room, eat-in kitchen, one bedroom with a full bath, and a second private bedroom upstairs. This unit has gas heat, gas stove and electric hot water, Both units have newer hot water heaters and separate utilities, keeping operating costs low. The property showcases great curb appeal, a peaceful rear yard, and two entrances for each unit. Water and insurance are paid by the owner, while tenants cover electric, heat, and trash. Whether you're expanding your portfolio or looking for your first investment, this property delivers consistent income and minimal upkeep in a prime Lancaster location.
| DAYS ON MARKET | 3 | LAST UPDATED | 10/2/2025 |
|---|---|---|---|
| TRACT | CHESTNUT HILL | YEAR BUILT | 1900 |
| COMMUNITY | Lancaster City (10533) | COUNTY | LANCASTER |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| School District | SCHOOL DISTRICT OF LANCASTER |
|---|
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Electric Oven, Electric Range, Electric Water Heater, Gas Oven, Gas Range, Refrigerator |
| AREA | Lancaster City (10533) |
| BASEMENT | Exterior Entry, Yes |
| CONSTRUCTION | Brick |
| HEAT | Forced Air, Natural Gas |
| LOT | 1742 sq ft |
| LOT DIMENSIONS | 0.00 x 0.00 |
| PARKING | On Street |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STYLE | Colonial |
| SUBDIVISION | CHESTNUT HILL |
| TAXES | 4919 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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