1001 Chestnut St, Lebanon, PA 17042
- $919,000
- 3,900
- SqFt
- List Price
- $919,000
- Days on Market
- 0
- Status
- ACTIVE
- MLS#
- PALN2027800
- Living Area
- 3,900
- Lot Size (Acres)
- 0.07
- Style
- Other
- Year Built
- 1910
- County
- Lebanon
- School District
- Lebanon
Property Description
Solid income-producing opportunity in Lebanon County! Ridgeview Apartments is a 9-unit, all 1-bed/1-bath brick apartment building totaling 3,900+/- sq ft, situated on a corner lot with on-street parking. Tenants are in place and responsible for their own electric and heat, helping keep operating costs predictable for ownership. Several units have been updated with remodels completed in 2023 and 2025, adding value and reducing near-term capital needs. The building is served by public water and sewer with oil heat, and is conveniently located near Rt 422 & Rt 72 for easy access to shopping, employment, and commuter routes. Current property management is in place and open to continuing on with a new owner, offering a turnkey option for investors seeking a low-hassle addition to their portfolio. Don't miss this well-positioned multi-family asset in a stable rental market.
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Additional Information
- Area
- Lebanon City (13201)
- Taxes
- $7959
- School District
- Lebanon
- Middle School
- Lebanon
- High School
- Lebanon
- View
- City
- Heating
- None
- Heating Fuel
- Oil
- Cooling
- None
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Hostetter Realty. Contact: (717) 786-6200