new - 5 days on rocket

11 E Walnut St, Lancaster, PA, 17602

$789,000

Home List Price

$9,369*

Closing Credit

0 Baths
2,520 SqFt
$313/SqFt
Multi

Location

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11 E Walnut St, Lancaster$789,000

Buyer Closing Credits

$9,369*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingRented/Permit Required, On Street
Year Built1880
HeatingCentral, Forced Air
CoolingCentral Air
BasementYes
ViewCity
MLS #PALA2061688
Lot Size0.05 Acres
StatusActive
(ACTIVE)

About 11 E Walnut St

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!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1880
  • Living Area: 2,520 SqFt

Listing Office:

  • Office Name: Keller Williams Elite
  • Office Phone: (717) 553-2500
  • Listing Agent: Benuel Esh

Interior Features

Interior Information:

  • Appliances: Stainless Steel Appliances, Microwave
  • Basement: Yes
  • Flooring Type: Luxury Vinyl Plank, Luxury Vinyl Tile
  • Interior: Combination Kitchen/Living, Floor Plan - Open, Upgraded Countertops

Exterior Features

Exterior Information:

  • View: City
  • Exterior: Sidewalks, Street Lights, Fire Escape, Play Area

Parking Information:

  • Parking: Rented/Permit Required, On Street

Lot Features

Lot Information:

  • Lot: Level, Back Yard
  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: GPS

Municipality:

  • Lancaster City

Price Information

Listing Price Info

Price Summary:

  • List Price: $789,000
  • Price Per SqFt: $313/SqFt

Tax Information:

  • Annual Amount: $6,335
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lancaster, PA.

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Lancaster, PA

City

Med. Sold Price

$320.5K

Med. Price/SqFt

$188

Avg. Days On Market

16

# of Sold Homes

119

11 E Walnut St vs Lancaster

5 DAYS ON ROCKET

-11 Days

$789,000

+$468.4K More

$313/SqFt

+$125 More

KEY TAKEAWAY

This property is $468.4K more than the Median Sold Price and $125/SqFt more than other homes in Lancaster, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PALA2061688

Listing Office:

  • Office Name: Keller Williams Elite
  • Office Phone: (717) 553-2500
  • Listing Agent: Benuel Esh

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 4:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$6,335$171,700
2020$6,264$171,700
2019$6,170$171,700
2018$7,189$171,700
2017$4,524$98,500

History based on county public records data.

Payment Calculator

$4,005

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,432

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4373832
4
/10

  • Fulton Elementary School

  • 225 W Orange St

  • 0.48 miles

  • Public District Grades PK-5

school-card-donut-4373833
5
/10

  • King Elementary School

  • 466 Rockland St

  • 0.65 miles

  • Public District Grades PK-5

school-card-donut-4373834
5
/10

  • Ross Elementary School

  • 840 N Queen St

  • 0.65 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,440. Most Lancaster, PA residents have annual incomes less than $35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Lancaster, PA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Lancaster, PA?

Lancaster's housing market is diverse, offering a mix of historic row homes, modern apartments, and spacious single-family residences. The architectural styles reflect the city's rich history, with a notable presence of Colonial and Victorian homes, especially in the downtown area. The housing landscape is a blend, with single-family homes making up a significant portion, complemented by multi-family units and apartments that cater to a range of preferences. The homeownership rate in Lancaster is robust, with a healthy balance between owners and renters.

Is Lancaster, PA a good place to live?

Lancaster is celebrated for its vibrant arts scene and strong sense of community. The city prides itself on its historical significance, with well-preserved buildings and museums that tell the story of its past. Annual events like the Lancaster Festival of the Arts bring the community together, showcasing local talent and fostering a collective appreciation for the arts. The city's character is further defined by its commitment to preserving green spaces and promoting a family-friendly atmosphere.

Are things conveniently located in Lancaster, PA?

The community benefits from a solid educational system, with numerous public and private schools providing a range of educational opportunities. Lancaster is home to several healthcare facilities, including a well-regarded hospital that offers a variety of services from emergency care to specialized treatments. The public library system is active, supporting lifelong learning with multiple branches. Retail and dining options are plentiful, reflecting the local culture with a mix of traditional Pennsylvania Dutch cuisine and contemporary eateries. City initiatives are in place to continually improve services to meet the needs of a growing and diverse population.

What does the transportation in Lancaster, PA look like?

Lancaster's transport infrastructure includes a network of roads and highways that connect residents to nearby cities and towns. Public transit options are available, with bus services covering various routes throughout the city. The area's walkability varies, with the downtown core being particularly pedestrian-friendly. Bike lanes and trails are also available for cycling enthusiasts. While specific ride-sharing statistics are not mentioned, such services are commonly used by residents for added convenience. Recent efforts have been made to enhance transport efficiency and accessibility, reflecting the city's commitment to improving mobility for all its inhabitants.

Rocket Homes›Pennsylvania›Lancaster County›Lancaster›17602›11 E Walnut St

This home is located at 11 E Walnut St in Lancaster, PA and zip code 17602. This 2,520 square foot home, which was built in 1880, sits on a 0.05 acre lot. It has been listed on Rocket Homes since December 12, 2024 and is currently priced at $789,000.

In November 2024 more than 48 listings in Lancaster, PA were sold above the asking price. During the same period more than 38 listings were sold at asking price, while more than 33 were sold below. The number of homes for sale in Lancaster, PA decreased by 4.9% between October 2024 and November 2024. While the average time on the market in November 2024 was 16 days, the median list price was $320,508.

From Rocket Homes Real Estate and based on county public records data.

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