27 - 31 Chestnut St Lewistown, PA 17044

Prime Investment Opportunity: 17-Unit Apartment Building in Lewistown, PA This fully updated 17-unit apartment building offers over 15,000 square feet of income-generating space in the heart of Lewistown, PA. The property includes a versatile mix of 1, 2, and 3-bedroom units designed to meet diverse tenant needs, along with a 5,000+ square foot attached garage featuring 17 dedicated parking spaces and ample storage potential. Two on-site laundry rooms enhance tenant convenience while generating additional income. The property has undergone several upgrades to maximize value and appeal. Two units have been converted into spacious 3-bedroom apartments, boosting rental income, while a 17th unit was added at street level for additional revenue. Energy-efficient LED lighting has been installed throughout the common areas, and new entrance doors with advanced access control systems enhance security and convenience for tenants. A remote-access camera system ensures superior safety, and several units have been updated with refreshed kitchens, bathrooms, and flooring, making them fully functional and rent-ready. With future potential to convert the garage into rentable storage units, add tenant amenities, or add an 18th unit, this property offers room for growth and increased revenue. Located in a high-demand rental market, this turnkey investment provides immediate cash flow and long-term potential, making it an exceptional opportunity for both seasoned investors and those looking to diversify their portfolios.