• 4 views

***6 Mostly Tenant-Occupied Downtown Lancaster Properties Just Listed. Offered for sale individually or as a full investment portfolio: 2-UNIT 241 N FRANKLIN ST. $224,900. // SOLD, 1-UNIT 243 N FRANKLIN ST. $210,000., 3-UNIT 152 E WALNUT ST. $474,900., 1-UNIT 40 N PLUM ST. $229,900., 2-UNIT 145 E CHESTNUT ST. $549,900, 3-UNIT + GARAGE 404 W ORANGE ST. $349,900. // SOLD*** This end-of-row property features a solid brick construction, ensuring durability and low maintenance. Each of the 3 floors has a 1-bedroom unit with full bathroom featuring clawfoot tubs, and a good-sized living room and separate kitchen. Preserved original millwork and custom built-ins throughout. Each floor has backyard access! With a full basement, the possibilities for additional storage or rental space are endless. New Roof 2024 and Whole House Repaint 2020. Situated on a 0.07-acre lot, this property offers off-street parking for up to 5 vehicles (2 on the side and 3 in the back), a significant advantage in maximizing rental income. The traditional architectural style adds character, appealing to a wide range of tenants. Investors will appreciate the potential for strong cash flow in a growing market. With no pool or extensive amenities to maintain, your focus can remain on maximizing returns. The property's strategic location enhances its desirability, making it an ideal addition to your portfolio. Seize this opportunity to invest in a property that combines historical charm with modern potential-your next successful venture awaits!

Source: BRIGHT MLS, MLS#: PALA2087002

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
  • Property Type
    Residential Income
  • Lot
    0.07 acres

Get in Contact

Would you like to know more about this property? We're here to help! Let's connect and find what you're looking for.

Create a profile so you can receive updates on this property as soon as they happen!

Owning this Home

$
$ %
%
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 152 E WALNUT STREET


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/21/2026Source: BRIGHT MLS Price Reduction
$474,900 -5.0%
5/12/2026Source: BRIGHT MLS Status Change
ACTIVE
4/25/2026Source: BRIGHT MLS Added to Database
April 25, 2026
Listing provided courtesy of Coldwell Banker Realty- MLS# PALA2087002MLS ProviderContact Information: [email protected] - 6103636006