1001 Chestnut St, Lebanon, PA 17042
Local realty services provided by:ERA Central Realty Group
1001 Chestnut St,Lebanon, PA 17042
$919,000
- 9 Beds
- - Baths
- 3,900 sq. ft.
- Multi-family
- Active
Listed by: jacob d. fisher
Office: hostetter realty
MLS#:PALN2027800
Source:BRIGHTMLS
Price summary
- Price:$919,000
- Price per sq. ft.:$235.64
About this home
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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Home facts
- Year built:1910
- Listing ID #:PALN2027800
- Added:52 day(s) ago
- Updated:September 26, 2026 at 01:36 PM
Rooms and interior
- Bedrooms:9
- Living area:3,900 sq. ft.
Heating and cooling
- Heating:Oil
Structure and exterior
- Year built:1910
- Building area:3,900 sq. ft.
- Lot area:0.07 Acres
- Lot Features:Corner, Corner Lot/Unit, Level, Rear Yard
- Construction Materials:Brick, Brick Front, Concrete, Masonry
Schools
- High school:LEBANON
- Middle school:LEBANON
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$919,000
- Price per sq. ft.:$235.64
- Tax amount:$7,959 (2025)
Parking
- Parking description:On Street
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