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Listed by Jacob Fisher • Hostetter Realty

$919,000

Est. payment - /mo

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3,900 SqFt

Active

1001 CHESTNUT ST Lebanon, PA 17042

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James Rhoads

[email protected] +1(717) 400-1050

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 3,900 sqft

Price per Sqft $235

MLS Listing ID PALN2027800

Style Other

Abv Grd Liv Area 3,900

Year Built 1910

Annual Tax Amount $7,959

Tax Year 2025

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 34.7x91

Property Sub-Type Other

Source BRIGHT

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.

Location

State PA

County Lebanon

Area Lebanon City (13201)

Zoning R

Interior

Hot Water Oil

Heating None

Cooling None

Heat Source Oil

Exterior

Water Access N

View City

Accessibility None

Garage N

Private Pool No

Building

Lot Description Corner, Level, Rear Yard

Above Ground Finished SqFt 3900

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

Middle Schools Lebanon

High Schools Lebanon

School District Lebanon

Others

Tax ID 02-2337015-368699-0000

Ownership Fee Simple

SqFt Source 3900

Special Listing Condition Standard

NEARBY SCHOOL & BUSINESS

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James Rhoads

Owner RSRS310999

+1(717) 400-1050

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1001 CHESTNUT ST Lebanon, PA 17042

James Rhoads

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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1001 CHESTNUT ST