252 E Walnut St Lancaster, PA 17602
Well-maintained duplex with income potential in walkable Lancaster location.
- Added:
- Jan 31, 2026
- Days on Market:
- 160
- Last Refresh:
- Jul 2 at 8:31 am
Property Features for 252 E Walnut St
General Information
- Standard status
- Active
- Size
- 1,420 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1868
Listing office Landmark Commercial Realty
Listing date Jan 31, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Immediate rental income from two 2‑bedroom, 1‑bath units.
- Highly walkable location near Lancaster General Hospital, Musser Park, and downtown amenities.
- Long‑term appreciation potential in a desirable Lancaster neighborhood.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $23.0k | $16.20 |
| − Vacancy | −$345 | −$0.24 |
| EGI | $22.7k | $15.96 |
| − OpEx | −$6.8k | −$4.79 |
| NOI | $15.9k | $11.17 |