233 W Chestnut St - Apartments FOR SALE


Lancaster, PA 17603- Chestnut Hill-Lancaster
$599,900 USD
800-383-3535
233 W Chestnut St, Lancaster, PA for Sale
$599,900 USD
Apartments - FOR SALE
1/68
null | Request Cap Rate

233 W Chestnut St
Lancaster, PA 17603
Chestnut Hill-Lancaster


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$599,900 USD

PRICE/SF

$138 USD /SF

# OF UNITS

11

PRICE/UNIT

$54,536

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1880

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,595 SF

ZONING

R3

APN/PARCEL ID

331-55763-0-0000

ASK ABOUT THIS PROPERTY

Customer ServiceBerkshire Hathaway | CentervilleMore Info
800-383-3535

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Customer ServiceBerkshire Hathaway | CentervilleMore Info
800-383-3535

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.