233 W Chestnut St,LANCASTER, PA 17602
LANCASTER, PA 17602
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.
Details
| MLS # | PALA2093746 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1880 |
| Days On Site | 60 |
| Listing Provided By | Berkshire Hathaway HomeServices Homesale Realty | Zachary Wayne Trimble |
Features
| Units | 1 |
|---|---|
| Zoning | RESIDENTIAL |
| Acreage | 0.10 |
Interior
| Cooling | Window Unit(s) |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
Exterior
| Roof | Rubber |
|---|---|
| Security Features | Smoke Detector |
| Construction Materials | Mixed |
| Foundation Details | Stone |
| Lot Features | Road Frontage, Rear Yard |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Lighted Parking |
Utilities
| Utilities | Natural Gas Available, Sewer Available, Water Available |
|---|
Taxes
| Tax Annual Amount | 7708 |
|---|
Area Information
| State | PA |
|---|---|
| County | LANCASTER PA |
| City | LANCASTER |
| Zip Code | 17602 |
| Area | Lancaster City (10533) |
| School District | SCHOOL DISTRICT OF LANCASTER |
| Listing VS Median (in 17602) | |
Price: $575,000 low | high Med: $292,450 On site: 60 low | high Med: 15 | |
Market Activity 17602
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Learn More About This Property
| State | PA |
|---|---|
| County | LANCASTER PA |
| City | LANCASTER |
| Zip Code | 17602 |
| Area | Lancaster City (10533) |
| School District | SCHOOL DISTRICT OF LANCASTER |
| Listing VS Median (in 17602) | |
Price: $575,000 low | high Med: $292,450 On site: 60 low | high Med: 15 | |
