233 W Chestnut St, Lancaster, PA 17602

$575,000

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List Price
$575,000
Price Change
▼ $24,900 1789144282
Days on Market
26
Status
ACTIVE
MLS#
PALA2093746
Lot Size (Acres)
0.1
Year Built
1880
County
Lancaster
School District
School District Of Lancaster

Property Description

Rare opportunity to acquire a high-density, 11-unit licensed residential property located on Lancaster's west side. Offered at $599,900 ($54,454/unit), this asset is ideal for a multi-family investor, student housing operator, or specialty housing provider looking for immediate density in a tight Lancaster City rental market. The building is being sold as-is, with significant interior turnover and unit repair work already completed. The property presents substantial operational upside for an operator ready to streamline expenses and capture strong market yield. Showings by appointment to qualified buyers only. Complete rent roll, P&L history, and appraisal details are available upon request. Floorplans provided are rough outlines and contain inconsistencies; buyer to verify all measurements and layouts in person.

Additional Information

Area
Lancaster City (10533)
Taxes
$7708
School District
School District Of Lancaster
Flooring
Carpet, Hardwood
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
Window Unit(s)
Roof
Rubber
Utilities
Natural Gas Available, Sewer Available, Water Available
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway HomeServices Homesale Realty. Contact: (800) 383-3535

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