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Key Details
Sold Price $365,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,938 sqft
Price per Sqft $188
Subdivision Chestnut Hill
MLS Listing ID PALA2054474
Sold Date 09/12/24
Style Converted Dwelling
Abv Grd Liv Area 1,938
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $5,318
Tax Year 2024
Lot Size 871 Sqft
Acres 0.02
Lot Dimensions 0.00 x 0.00
Property Description
Welcome to 318 W Lemon Street—a beautifully renovated duplex nestled in Lancaster City's vibrant West End neighborhood. This prime location is just steps away from Corridor Park, Lemon Street Market, Mandros Imported Foods, Dog Star Books, West End Market, Luca Italian Kitchen and many others offering an array of dining, shopping, and entertainment options.
Both units of this property have undergone major updates including modern flooring, lighting, bathroom renovations, kitchen renovations, and exterior porches. The first unit is currently leased to a reliable tenant at $1,150 per month plus utilities, with a new one-year lease just signed. The second unit, boasting 3 bedrooms, rents for $1,700 per month plus utilities. Each unit features beautiful original hardwood flooring, high ceilings, and ample natural light, complemented by outdoor spaces with scenic views of Chestnut Hill.
This duplex is ideal for both investors seeking a profitable rental opportunity and homeowners looking to offset their mortgage with rental income. With its low maintenance requirements and high rental demand, 318 W Lemon Street is a wonderful opportunity to own a piece of Lancaster history!
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Location
State PA
County Lancaster
Area Lancaster City (10533)
Zoning RESIDENTIAL MULTI-FAMILY
Rooms
Basement Partial
Interior
Hot Water Natural Gas
Heating Hot Water, Radiator
Cooling None
Flooring Hardwood, Ceramic Tile
Fireplace N
Heat Source Natural Gas
Exterior
Utilities Available Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Waterfront N
Water Access N
Roof Type Flat,Shingle,Slate
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Converted Dwelling
Additional Building Above Grade, Below Grade
New Construction N
Schools
High Schools Mccaskey Campus
School District School District Of Lancaster
Others
Tax ID 339-01914-0-0000
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Chuck Honabach • Realty ONE Group Unlimited
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