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  • $750,000

    635 W Chestnut St, Lancaster, PA 17603

    5beds
    5baths
    4,452sqft
    Multi Family
    Built in 1875
    -- sqft lot
    $838,400 Zestimate®
    $168/sqft
    $-- HOA

    What's special

    Welcome to this exceptional investment opportunity located in the heart of Chestnut Hill. It is ideal for savvy investors to add a valuable asset to their portfolio with its five 1 BR 1 bath units. Each unit within this well-maintained building has recently been renovated and updated to offer comfortable living space to those seeking a cozy and functional space. The common area are equally impressive, showcasing meticulous attention to detail. The entryways and the hallways, are well-maintained and created a welcoming atmosphere for tenants. The shared backyard offers a space to relax and have a quiet time with neighbors. There is also a space for potential 2 off street parkings. This property boasts a strong rental history , reflecting its desirability and appeal to potential tenants. Its proximity to downtown Lancaster, Central market, Fulton Theatre and many restaurants and cafes, makes this vibrant community highly desirable for tenants, enhancing the property's long term investment potential. With its strong rental income and exceptional location, 635 W Chestnut St is an excellent opportunity for investors to maximize their returns. Contact us today to schedule a private viewing and explore the potential that this investment property holds. Income/expense sheet available in document tab.

    Zillow last checked: 7 hours ago

    Listing updated: June 30, 2023 at 01:38pm

    Listed by:

    Ms. Siti Bahaman 717-519-9959,

    Realty ONE Group Unlimited

    Bought with:

    David Yoder, RS176874L

    Realty ONE Group Unlimited

    Source: Bright MLS,MLS#: PALA2035624MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    Heating
    • Radiator, Natural Gas
    Cooling
    • Window Unit(s), Electric
    Appliances
    • Included: Electric Water Heater
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 4,452
    • Total interior livable area: 4,452 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Gravel, On Street, Off Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: 2+ Access Exits
    Features
    • Pool features: None
    Lot
    • Size: 4,356 sqft
    • Features: Corner Lot
    Details
    • Additional structures: Above Grade
    • Parcel number: NO TAX RECORD
    • Zoning: R4
    • Zoning description: High Density
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Block
    • Roof: Metal
    Condition
    • Very Good
    • New construction: No
    • Year built: 1875

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Lancaster
    • Municipality: LANCASTER CITY

    HOA & financial

    Other financial information
    • Total actual rent: 58020

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Income includes: Apartment Rentals, Laundry
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    Services availability
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