233 W Chestnut St, Lancaster, PA 17602

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List Price
$575,000
Status
ACTIVE
Days on Market
36
Price Change
▼ $24,900 1789144506
MLS#
PALA2090434
Subtype
Multi-Family
Style
Traditional
Year Built
1880
Living Area
3,672
Lot Size
4,356
Acres
0.10
MLS Area Major
Lancaster City (10533)

Property Description

Rare opportunity to acquire a high-density, 11-unit licensed residential property located on Lancaster's west side. 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

Exterior Features
Playground, Satellite Dish, Sidewalk, Street Lights
Property Description
Traditional
Zoning
RESIDENTIAL
Flooring
Carpet, Hardwood
Appliances
Electric Range, Refrigerator
Heating
Forced Air
Air Conditioning
Window/Wall
Roof
Rubber
Foundation
Stone
Parking Features
Lighted
School District
School District Of Lancaster

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Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway HomeServices Homesale Realty. Contact: