Recently Viewed Properties
See This Home
Save This Listing
Close

$750,000

  • Sold
  • Closed
  • Multi-Family
See This Home
Save This Home
See This Home
Save This Home
Welcome to this exceptional investment opportunity located in the heart of Chestnut Hill. It is ideal for savvy investors to add a valuable asset to their portfolio with its five 1 BR 1 bath units. Each unit within this well-maintained building has recently been renovated and updated to offer comfortable living space to those seeking a cozy and functional space. The common area are equally impressive, showcasing meticulous attention to detail. The entryways and the hallways, are well-maintained and created a welcoming atmosphere for tenants. The shared backyard offers a space to relax and have a quiet time with neighbors. There is also a space for potential 2 off street parkings. This property boasts a strong rental history , reflecting its desirability and appeal to potential tenants. Its proximity to downtown Lancaster, Central market, Fulton Theatre and many restaurants and cafes, makes this vibrant community highly desirable for tenants, enhancing the property's long term investment potential. With its strong rental income and exceptional location, 635 W Chestnut St is an excellent opportunity for investors to maximize their returns. Contact us today to schedule a private viewing and explore the potential that this investment property holds. Income/expense sheet available in document tab.

Full Property Details for 635 W Chestnut St

General

  • Sold For: $750,000
  • Taxes: $9,936 (2023)
  • Status: Closed
  • Type: Multi-Family
  • Source: BrightMLSPhilly
  • MLS ID: PALA2035624
  • Added to Site: 996 day(s) ago

Parking

  • Total Spaces: 2
  • Parking Features: Gravel Driveway
  • Parking Type: On Street, Off Street

Location

  • Area: Lancaster City (10533)
  • Municipality: LANCASTER CITY
  • County: Lancaster
  • Driving Directions: South on Prince Street and R on W Chestnut. Property is located at the corner of W Chestnut and Elm Street.

School Information

  • School District: School District Of Lancaster
  • High School: McCaskey Campus

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Radiator
  • Heating Fuel: Natural Gas
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Info: Traditional
  • Architectural Style: Traditional
  • Structure Type: Twin/Semi-Detached
  • Construction: Brick
  • Foundation: Block
  • Roof: Metal
  • Stories/Levels: 3
  • Square Feet: 4,452
  • Sq. Ft. Source: Estimated
  • Living Area: 4,452 Sq. Ft.
  • Finished Above Grnd: 4,452 Sq. Ft.
  • Year Built: 1875
  • Year Built Source: Estimated
  • Property Condition: Very Good

Unit Information

  • Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3
  • 1 Bedroom Units: 5

Unit 1

  • Unit Description: Unit 1
  • Bedrooms: 1

Unit 2

  • Unit Description: Unit 2
  • Bedrooms: 1

Unit 3

  • Unit Description: Unit 3
  • Bedrooms: 1

Unit 4

  • Unit Description: Unit 4
  • Bedrooms: 1

Unit 5

  • Unit Description: Unit 5
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.1
  • Lot Size (Sq. Ft.): 4,356
  • Lot Size Source: Estimated
  • Lot Features: Corner
  • Zoning: R4
  • Lot Description: Corner

Financial Considerations

  • Price Per Sq. Ft.: $168.46
  • Operating Expenses: $18,387
  • Assessment Year: 2023
  • Tax w/Assessment: $255,400
  • Tax Amount: $9,936
  • Tax Year: 2023
  • Terms: Standard Sale
  • Owner Pays: Common Area Maintenance, Gas, Insurance, Repairs, Sewer, Taxes - Real Estate, Trash Collection, Water
  • Landlord Pays: Common Area Maintenance, Gas, Insurance, Repairs, Sewer, Taxes - Real Estate, Trash Collection, Water

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: Tenants' personal properties
  • Inclusions: All appliances in each unit, with the exception of tenants' personal portable appliances, and coin operated washer and dryer.

Listed by Realty ONE Group Unlimited, Siti Bahaman
Sold by Realty ONE Group Unlimited, David W Yoder

Listing agent

— 635 W Chestnut St —

  • Siti Bahaman

    Realty ONE Group Unlimited

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 635 W Chestnut St

School District:Lancaster School District
NameGradesDistance
Thomas Wharton El School
705 North Mary Street, Lancaster, PA 17603
K-50.6 mi
Reynolds Middle School
605 West Walnut Street, Lancaster, PA 17603
6-80.1 mi
Mccaskey Campus
445 North Reservoir Street, Lancaster, PA 17602
9-121.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 635 W Chestnut St

Date
Details
Price
Change
Source
6/30/2023
Sold
$750,000
—
MLS
6/01/2023
Listed
$750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Realty ONE Group Unlimited, Siti Bahaman
Sold by Realty ONE Group Unlimited, David W Yoder

Just Listed near 635 W Chestnut St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

2929 Willow Street Pike, Willow Street, PA 17584 - Photo 1 Just Listed
$1,100

2929 Willow Street Pike  Willow Street, PA 17584

  • Commercial Lease
  • Active
Listed by Iron Valley Real Estate of Lancaster, Russell Addie
2929 Willow Street Pike, Willow Street, PA 17584 - Photo 1 Just Listed
$1,100

2929 Willow Street Pike  Willow Street, PA 17584

  • Commercial Lease
  • Active
Listed by Iron Valley Real Estate of Lancaster, Russell Addie
409 E Main St, Mountville, PA 17554 - Photo 1 Just Listed
$89,900

409 E Main St  Mountville, PA 17554

  • Mobile Home
  • Active
  • Updated 20 hours ago
  • 2
    Beds
  • 2
    Total Baths
  • 980
    Sq. Ft.
Listed by Lime House, Nicholas Haiduk
39 Spring Hill Ln, Mountville, PA 17554 - Photo 1 Just Listed
$335,000

39 Spring Hill Ln  Mountville, PA 17554

  • Townhouse
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 2,235
    Sq. Ft.
Listed by Berkshire Hathaway HomeServices Homesale Realty, Ryan Brenner

Price Reduced near 635 W Chestnut St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

136 Stillcreek Rd, Millersville, PA 17551 - Photo 1 Price Reduced
-$25,000 (-2.7%)
$899,900

136 Stillcreek Rd  #LOT 11  Millersville, PA 17551

  • Single Family
  • Active
  • Updated 15 hours ago
  • 3
    Beds
  • 3
    Total Baths
  • 2,356
    Sq. Ft.
Listed by Berkshire Hathaway HomeServices Homesale Realty, Gretchen T. Raad
466 E Main St, Leola, PA 17540 - Photo 1 Price Reduced
-$25,000 (-5.56%)
$425,000
Open House

466 E Main St  Leola, PA 17540

  • Single Family
  • Active
  • Updated 2 days ago
  • 4
    Beds
  • 2
    Total Baths
  • 3,494
    Sq. Ft.
Listed by Keller Williams Platinum Realty - Wyomissing, Megan C Hansen
350 Village Rd, Strasburg, PA 17579 - Photo 1 Price Reduced
-$13,297 (-2%)
$651,557

350 Village Rd  #DEVONSHIRE  Strasburg, PA 17579

  • Single Family
  • Active
  • Updated 3 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 4,016
    Sq. Ft.
Listed by Patriot Realty, LLC, Benjamin Rutt
22 Miller St, Strasburg, PA 17579 - Photo 1 Price Reduced
-$10,000 (-3.45%)
$279,900

22 Miller St  Strasburg, PA 17579

  • Single Family
  • Active
  • Updated 3 days ago
  • 5
    Beds
  • 1
    Total Bath
  • 1,224
    Sq. Ft.
Listed by RE/MAX Pinnacle, Linda M Occhionero

635 W Chestnut St, Lancaster, PA 17603 (MLS# PALA2035624) is a Multi-Family property that was sold at $750,000 on June 30, 2023. Want to learn more about 635 W Chestnut St? Do you have questions about finding other Multi-Family real estate for sale in Lancaster? You can browse all Lancaster real estate or contact a Coldwell Banker agent to request more information.