2 months on rocket

113 E Walnut St, Lancaster, PA, 17602

$675,000

Home List Price

$8,016*

Closing Credit

0 Baths
3,363 SqFt
$201/SqFt
Multi

Location

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113 E Walnut St, Lancaster$675,000

Buyer Closing Credits

$8,016*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOff Street
Year Built1887
HeatingBaseboard, Hot Water
CoolingNone
MLS #PALA2055902
Lot Size0.06 Acres
StatusActive
(ACTIVE)

About 113 E Walnut St

Introducing a prime investment opportunity in the heart of Lancaster County! This incredible quadraplex offers (2) two bedroom apartments, a studio apartment, and a salon. There are two off-street parking spaces, as well as on street parking. All units are fully leased, with a signed year lease, ready for its next investor to produce income. Apartment 3 has been fully remodeled in 2024! Don't miss out on an opportunity to own this income-generating property, in one of the most sought-after cities! Schedule your showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1887
  • Living Area: 3,363 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (717) 735-8400
  • Listing Agent: Bailey Michelle Quinn

Exterior Features

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Hot Water
  • Cooling: None

School Info

Assigned Schools Information:

  • J. P. McCaskey High School Campus, Public District Grades EE-12
  • Reynolds Middle School, Public District Grades 6-8
  • Carter & MacRae Elementary School, Public District Grades EE-5

Other

Directions Information:

  • Directions: .

Municipality:

  • Lancaster City

Price Information

Listing Price Info

Price Summary:

  • List Price: $675,000
  • Price Per SqFt: $201/SqFt

Tax Information:

  • Annual Amount: $7,821
  • 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

$315.1K

Med. Price/SqFt

$186

Avg. Days On Market

20

# of Sold Homes

114

113 E Walnut St vs Lancaster

70 DAYS ON ROCKET

+50 Days

$675,000

+$359.8K More

$201/SqFt

+$14 More

KEY TAKEAWAY

This property is $359.8K more than the Median Sold Price and $14/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: #PALA2055902

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (717) 735-8400
  • Listing Agent: Bailey Michelle Quinn

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: 10/31/2024, 10:20:52 PM 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$7,821$212,000
2020$7,734$212,000
2019$7,618$212,000
2018$8,876$212,000
2017$4,915$107,000

History based on county public records data.

Payment Calculator

$3,436

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,090

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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.

Elementary School

school-card-donut-876712
4
/10

  • Carter & MacRae Elementary School

  • 251 S Prince St

  • 0.69 miles

  • Public District Grades EE-5

Middle School

school-card-donut-876713
5
/10

  • Reynolds Middle School

  • 605 W Walnut St

  • 0.76 miles

  • Public District Grades 6-8

High School

school-card-donut-876714
3
/10

  • J. P. McCaskey High School Campus

  • 445 N Reservoir St

  • 0.80 miles

  • Public District Grades EE-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,440. Residents of Lancaster, PA typically earn less than $35k each year. Residents typically live in single, no kids family. 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›113 E Walnut St

This home is located at 113 E Walnut St in Lancaster, PA and zip code 17602. This 3,363 square foot home, which was built in 1887, sits on a 0.06 acre lot. It has been listed on Rocket Homes since August 22, 2024 and is currently priced at $675,000.

While more than 44 listings in Lancaster, PA in September 2024 were sold above asking price, there were more than 30 listings sold at asking price, and more than 40 were sold below. In September 2024 in Lancaster, PA there were 0.2% less homes for sale than in August 2024. Listings spent 20 days on the market in September 2024, and had a median list price of $315,180 during the same period.

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

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