Located in Lancaster City's desirable Chestnut Hill neighborhood, this two-unit multifamily property offers an excellent opportunity for both owner-occupants and investors. The first-floor unit features 1 bedroom and 1 full bathroom and is currently vacant, providing the perfect opportunity for an owner-occupant to move right in or for the next owner to select their own tenant and establish rental income. The second-floor unit offers 2 bedrooms and 1 full bathroom and is occupied by a long-term tenant, providing stable, reliable rental income from day one. Whether you're looking to offset your mortgage with rental income or add a proven investment property to your portfolio, this property offers flexibility and strong income potential in one of Lancaster City's most sought-after neighborhoods. *New Roof - warranty conveys to the new owner.*
| MLS # | PALA2097720 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1900 |
| Days On Site | 12 |
| Listing Provided By | Mountain Realty ERA Powered | William Catesby Gilbert |
| SQ Feet | 1,613 |
|---|---|
| Basement | Y |
| Story(s) | 3 |
| Units | 2 |
| Zoning | RESIDENTIAL |
| Acreage | 0.04 |
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Heating | Baseboard - Electric |
| Roof | Rubber, Shingle |
|---|---|
| Construction Materials | Brick, Stucco, Stone |
| Foundation Details | Brick/Mortar, Stone |
| Garage Yes / No | No |
|---|---|
| Parking Features | Public |
| Tax Annual Amount | 4979 |
|---|
| State | PA |
|---|---|
| County | LANCASTER PA |
| City | LANCASTER |
| Zip Code | 17603 |
| Area | Lancaster City (10533) |
| Community Name | CHESTNUT HILL |
| School District | SCHOOL DISTRICT OF LANCASTER |
| Elementary School | WHARTON |
| High School | MCCASKEY CAMPUS |
| Listing VS Median (in CHESTNUT HILL) | |
Price: $299,900 low | high Med: $440,000 sqft: 1,613 low | high Med: 1,597 $ / sqft: $186 low | high Med: $298 On site: 12 low | high Med: 31 | |
| State | PA |
|---|---|
| County | LANCASTER PA |
| City | LANCASTER |
| Zip Code | 17603 |
| Area | Lancaster City (10533) |
| Community Name | CHESTNUT HILL |
| School District | SCHOOL DISTRICT OF LANCASTER |
| Elementary School | WHARTON |
| High School | MCCASKEY CAMPUS |
| Listing VS Median (in CHESTNUT HILL) | |
Price: $299,900 low | high Med: $440,000 sqft: 1,613 low | high Med: 1,597 $ / sqft: $186 low | high Med: $298 On site: 12 low | high Med: 31 | |