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MLS: #PALA2090434, Listed By: Zachary Trimble, Berkshire Hathaway HomeServices Homesale Realty, Source:Bright MLS

233 W Chestnut Street

LANCASTER, PA 17602
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Bed 2

Bed

Bath 0

Bath

SqFt3,672

Sqft

Acres0.10

Acre(Lot)

Rare opportunity to acquire a high-density, 11-unit licensed residential property located on Lancaster's west side. Offered at $599,000 ($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 measureme nts and layouts in person.

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Detail Ic Property Details

Property Type : Residential Income

Price : $575,000

AD Id : 91200778

MLS Id : PALA2090434

Beds : 2

Lot Size : 0.10 Acre

Living Area Size : 3,672

Year Built : 1880

County : LANCASTER

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Feature Features

  • Bedroom Information

    Total beds: 2

    Room Information

    Has Basement: Yes Basement: Other
  • Flooring Information

    Carpet, Hardwood
  • Roofing Information

    Rubber
  • Interior Features

    Roof: Rubber Appliances: Electric Range, Electric Oven, Gas Water Heater, Refrigerator Window Features: Insulated Windows
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Window Unit(s), Electric

  • Building Information

    Year Built: 1880 Building Area Total: 4772 Patio And Porch Features: Porch Pool Features: None Private Pool: No

  • Lot Information

    Lot Size Acres: 0.1 Lot Size Source: Estimated Lot Size Square Feet: 4356 Lot Description: Back Yard

  • Listing Price Information

    Listing Price: $575000

  • Tax Information

    Parcel Number: 331-55763-0-0000 Tax Year: 2026

  • Parking Information

    On Street, Lighted
    Homeowners Association Information
    Association Amenities: Playground Community Features: Sidewalks, Street Lights

  • Utility Information

    Natural Gas Available, Sewer Available, Water Available
  • Location Information

    Direction: please use gps WaterSource: Public Security Features: Smoke Detector(s)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
347 N Reservoir Street, Lancaster, PA, 17602 $315,000 2 -- 1,518 0.05 Acre
236 N Franklin Street, Lancaster, PA, 17602 $287,900 4 -- 1,997 0.03 Acre
567 Rockland Street, Lancaster, PA, 17602 $309,000 4 -- 1,680 0.06 Acre
205 E King Street, Lancaster, PA, 17602 $1,025,000 5 -- 3,049 0.07 Acre
15 N Lime Street, Lancaster, PA, 17602 $645,000 1 -- 2,641 0.06 Acre
352 E New Street, Lancaster, PA, 17602 $675,000 4 -- 4,392 0.07 Acre
361 E Ross Street, Lancaster, PA, 17602 $349,000 3 -- -- 0.03 Acre
152 E Walnut Street, Lancaster, PA, 17602 $449,900 3 -- 3,900 0.07 Acre
445 N Duke Street, Lancaster, PA, 17602 $450,000 -- -- 2,904 0.05 Acre
701 N Duke Street, Lancaster, PA, 17602 $775,000 5 -- 4,792 0.11 Acre

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 09/13/2026 @ 16:47

MLS: PALA2090434 LISTED BY: Zachary Trimble, Berkshire Hathaway HomeServices Homesale Realty 717-560-9100 SOURCE: Bright MLS

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