Five Or More Units For Sale - 1001 CHESTNUT ST, LEBANON, PA 17042

Explore this Property

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.

MLS# PALN2029134

Hostetter Realty

Active For Sale Commercial

$909,000

Five Or More Units

1910 Year built

8 days on market

Property Features

Type

CRE

View

City

Acres

0.07

Style

Apartment Building

Cooling

None

Heating

None

Lot Size

34.7x91

Year Built

1910

Sub Type Text

Five Or More Units

Construction

Brick,Brick Front,Concrete,Masonry

Accessibility

None

Lot Description

Corner,Level,Rear Yard

Lot Size Area Units

Square Feet

Location

Directions: From West: Use 422 E; Turn right onto S 12th Str, then left onto Chestnut St - property is on left. From East: Use 422 W; turn left onto S 10th St. Property is at intersection of S 10th & Chestnut St.

Market Area: Lebanon City (13201)