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Price Drop: $24.9K (08/27)
Street View
$375,000
Monthly Est:$1,867
-- Bed
-- Bath
1,904sqft
516 W Walnut St, Lancaster, PA 17603
$375,000
$1,867/moEst:
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Triplex
Built in 1900
$-- HOA
3,485 sqft lot
$197/sq.ft
Description
Income-producing triplex in Lancaster City's desirable Chestnut Hill neighborhood, offering immediate value-add potential. With all units currently vacant, investors have the rare opportunity to lease at current market rents without waiting for tenant turnover, while owner-occupants can live in one unit and generate income from the remaining two.
The property features three residential units, separate electric meters, and separate water meters, providing flexibility for utility management and tenant billing. The vacant status allows a new owner to renovate as desired, reposition the asset, and maximize rental income from day one.
Conveniently located just minutes from D...
- Houzeo last checked: 11 minutes ago
- Listing updated: August 27, 2026 at 12:20 pm
- Listing Provided by: Timothy K Shreiner (717) 560-8496 , George Zagas (717) 286-9790 | Berkshire Hathaway HomeServices Homesale Realty (717) 560-9100
- Source: Bright MLS-NJ | MLS#: PALA2092474
Property Details
Status
Pending
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
--
Year Built
1900
HOA Fees
-
Finished Area
1,904 sqft
Lot Size
3,485 sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
PALA2092474
MLS Status
PENDING-BRIGHT
Days on Market
22
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Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Exterior Features
Fire Escape
Appliances
Dishwasher, Exhaust Fan, Microwave, Oven/range Electric, Refrigerator, Stove, Water Heater, Water Heater Tankless
Interior Features
Attic, Cedar Closet(s), Combination Dining/living, Floor Plan Traditional, Wood Floors
Sewer
Public Sewer
Cooling
Ceiling Fan(s), Window Unit(s)
Flooring
Carpet, Ceramic Tile, Hardwood, Laminate Plank
Heating
Radiator, Baseboard Electric
Construction
Year Built
Year Built: 1900
Home type
Triplex
Construction Materials
Frame, Metal Siding
Architectural Style
Traditional
Foundation Details
Stone, Concrete Perimeter
Property Condition
Average
Roof
Composite, Shingle
Utilities & Energy
Basement
Outside Entrance, Sump Pump, Unfinished
Parking Features
Public, Free
Utilities
Electric Available, Phone Available, Cable Tv Available, Water Available
Electric
200+ Amp Service
Water Source
Public
Other Features
Patio And Porch Features
Porch, Brick
Subdivision Name
Chestnut Hill
Price History
| Date | Event | Price |
|---|---|---|
08/27/2026 Source: | Pending | $375,000 $197/sqft |
08/13/2026 Source: | Price Decreased | $375,000 -6.23% $197/sqft |
08/06/2026 Source: | Listed for Sale | $399,900 $210/sqft |
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Based on information from Bright MLS through Sep 18, 2026, 10:15AM. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information 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 the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. © 2026 Bright MLS, Inc. All Rights Reserved. Click here for more information
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