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315 W Walnut St, Lancaster, PA 17603

$292,000
: 1,530
SqFt

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Sold Price: $292,000
List Price: $325,000
Closing Date: Nov 05, 2025
Status: CLOSED
MLS#: PALA2077312
Living Area: 1,530
Lot Size (Acres): 0.04
Style: Colonial
Year Built: 1900
County: Lancaster
School District: School District Of Lancaster

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Property Description

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.

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Additional Information

Area: Lancaster City (10533)
Subdivision: Chestnut Hill
Interior Features: Shower Stall, Traditional Floorplan, Wood Floors
School District: School District Of Lancaster
Flooring: Hardwood, Tile
Exterior Features: Sidewalk
Heating: Forced Air
Cooling: None
Roof: Composition, Shingle
Water: Public
Sewer: Public Sewer
Basement: Exterior Entry, Poured