233 W CHESTNUT ST, Lancaster, PA 17602
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233 W CHESTNUT ST, Lancaster, PA 17602
233 W CHESTNUT ST, Lancaster, PA 17602
233 W CHESTNUT ST, Lancaster, PA 17602
233 W CHESTNUT ST, Lancaster, PA 17602
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The Ramsey Rhoads Group

The Ramsey Rhoads Group

Berkshire Hathaway HomeServices Homesale Realty

+1(717) 400-1045
Listed by Zachary Trimble • Berkshire Hathaway HomeServices Homesale Realty
$ 575,000
Est. payment /mo
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Price Dropped by $24K

233 W CHESTNUT ST Lancaster, PA 17602

4,356 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PALA2093746

Year Built 1880

Annual Tax Amount $7,708

Tax Year 2026

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type Five Or More Units

Source BRIGHT

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.

Location

State PA

County Lancaster

Area Lancaster City (10533)

Zoning RESIDENTIAL

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Window Unit(s)

Flooring Carpet, Hardwood

Heat Source Natural Gas

Exterior

Utilities Available Natural Gas Available, Sewer Available, Water Available

Water Access N

Roof Type Rubber

Street Surface Black Top

Accessibility Other

Road Frontage City/County

Garage N

Building

Lot Description Road Frontage, Rear Yard

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

School District School District Of Lancaster

Others

Tax ID 331-55763-0-0000

Ownership Fee Simple

Security Features Smoke Detector

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

The Ramsey Rhoads Group

The Ramsey Rhoads Group

Broker RSRB061397C

+1(717) 400-1045

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233 W CHESTNUT ST

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