1001 CHESTNUT ST, Lebanon, PA 17042
1001 CHESTNUT ST, Lebanon, PA 17042
1001 CHESTNUT ST, Lebanon, PA 17042
1001 CHESTNUT ST, Lebanon, PA 17042
1001 CHESTNUT ST, Lebanon, PA 17042
1001 CHESTNUT ST, Lebanon, PA 17042
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Rakan Abuzahra

Rakan Abuzahra

+1(302) 245-7668
Listed by Jacob Fisher • Hostetter Realty
$ 919,000
Est. payment | /mo

3,049 Sqft Lot

Save
$ 919,000
Est. payment | /mo
Save

3,049 Sqft Lot

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PALN2027398

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 Five Or More Units

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

Garage Spaces 9.0

Water Access N

View City

Accessibility None

Total Parking Spaces 9

Garage N

Building

Lot Description Corner, Level, Rear Yard

Sewer Public Sewer

Water Public

New Construction N

Schools

Middle Schools Lebanon

High Schools Lebanon

School District Lebanon

Others

Tax ID 02-2337015-368699-0000

Ownership Fee Simple

Special Listing Condition Standard

Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

Rakan Abuzahra

+1(302) 245-7668

rakan.a@firststatehometeam.com

1521 Concord Pike, Suite 102, Wilmington, DE 19803, United States

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1001 CHESTNUT ST