NOT LISTED FOR SALE

233 W Chestnut St Lancaster, PA 17603

Chestnut Hill Neighborhood
-- Bed
-- Bath
4,356 Sq Ft
4,356 Sq Ft Lot

Last Sold July 10, 2024

Last sale price $625,000 $143 Per Sq Ft

4 Days on Market

Highlights

  • 0.1 Acre Lot
  • Wood Flooring
  • Downtown Location
  • Traditional Architecture
  • Porch
  • 2-minute walk to Creativity Park

About This Home

As of July 2024

Great income producing property in growing Lancaster City! 10 big boarding rooms and 1 large apartment. Property in great condition and in a good commerce area of the city. A few minor changes could max even more amazing net value. $81,660 per year gross income!

Last Agent to Sell the Property

Jake Fisher

Hostetter Realty License #RS325195 Listed on: 04/01/2024

Last Buyer's Agent

Brittany Garner

Life Changes Realty Group License #RM425258

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,708

Year Built

  • Built in 1880

Lot Details

  • 4,356 Sq Ft Lot
  • Downtown Location
  • Back Yard
  • Property is in very good condition

Home Design

  • Traditional Architecture
  • Stone Foundation
  • Plaster Walls
  • Rubber Roof

Interior Spaces

  • 4,356 Sq Ft Home
  • Insulated Windows
  • Insulated Doors
  • Fire and Smoke Detector
  • Electric Oven or Range
  • Basement

Flooring

  • Wood
  • Carpet

Parking

  • Lighted Parking
  • On-Street Parking

Outdoor Features

  • Playground
  • Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Satellite Dish

Listing and Financial Details

  • The owner pays for all utilities, electricity
  • Assessor Parcel Number 331-55763-0-0000

Community Details

Overview

  • 4 Units

Building Details

  • 1 Vacant Unit
  • Rent Control
  • Income includes apartment rentals
  • Operating Expense $23,652

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,708

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: All tenant personal items
  • Inclusions: All seller owned appliances
  • New Construction: No
  • Year Built: 1880
  • Automatically Close On Close Date: No
  • Remarks Public: Great income producing property in growing Lancaster City! 10 big boarding rooms and 1 large apartment. Property in great condition and in a good commerce area of the city. A few minor changes could max even more amazing net value. $81,660 per year gross income!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Flooring Type: Carpet, Hardwood
  • Window Features: Insulated
  • Fireplace: No
  • Door Features: Insulated
  • Wall Ceiling Types: Dry Wall, Plaster Walls
  • Foundation Details: Stone
  • Basement: Yes
  • Total Sq Ft: 4356
  • Living Area Sq Ft: 4356
  • Price Per Sq Ft: 148.99
  • Above Grade Finished Sq Ft: 4356
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 233

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Mixed
  • Exterior Features: Play Area, Satellite Dish, Sidewalks, Street Lights
  • Road Surface Type: Black Top
  • Roof: Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Lighted Parking
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Schools

  • School District: SCHOOL DISTRICT OF LANCASTER
  • School District Key: 300200397286
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 513
  • Lot Features: Road Frontage, Rear Yard
  • Lot Size Acres: 0.10
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4356.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2023
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Owner Pays: All Utilities, Electricity
  • Rent Control: Yes
  • Total Actual Rent: 81660.00
  • Units Leased Count: 11
  • Vacation Rental: No

Tax Info

  • School Tax: 4678.00
  • Tax Annual Amount: 7708.00
  • Assessor Parcel Number: 331-55763-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 07/10/2024

Multi Family

  • Number Of Units Vacant: 1
  • Income Includes: Apartment Rentals
  • Operating Expense: 23652.00
  • Other Units: Unit 1,Unit 1,Unit 2,Unit 4,Unit 5,Unit 8,Unit 3,Unit 6,Unit 7,Unit 9,Unit 10
  • Single Room Units Count: 10

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2024 07/10/24 Sold $625,000 -3.7% $143 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
04/01/2024 04/01/24 For Sale $649,000 -- $149 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jake Fisher

    Seller's Agent in 2024

    Jake Fisher

    Hostetter Realty

    (717) 587-2481

    2 in this area

    215 Total Sales

    Jake Fisher
    Section Image
  • Brittany Garner

    Buyer's Agent in 2024

    Brittany Garner

    Life Changes Realty Group

    (908) 705-2071

    1 in this area

    119 Total Sales

    Brittany Garner
    Section Image
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Map

Source: Bright MLS

MLS Number: PALA2048982

Bright MLS

APN: 331-55763-0-0000

Pennsylvania Lancaster County Lancaster 17603 Chestnut Hill

233 W Chestnut St, Lancaster, PA

This home is located at 233 W Chestnut St, Lancaster, PA 17603 since 01 April 2024. This property was built in 1880. 233 W Chestnut St is a home located in Lancaster County with nearby schools including Fulton El School, Reynolds Middle School, and McCaskey High School.

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