MLS#PALN2027398
STATUSACTIVE
PROPERTY TYPECommercial -
SCHOOLLEBANON
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.
Property Features
Property Type: Commercial -
Cooling: None
Fuel Type: Oil
Heating: None
Lot Size: 0.07 Acres
Taxes: $7,959
Year Built: 1910
Feature Descriptions
Days on Site: 3
Exterior: Brick, Brick Front, Concrete, Masonry
Location: Corner Lot/Unit
Lot: Corner, Level, Rear Yard
Lot Dimensions: 0.07 Acre(S)
Municipality: LEBANON CITY
Sewer: Public Sewer
Special View Info: City
Total Garage/Parking Spaces: 9
Water: Public
Local Schools
High School: LEBANON
Middle School: LEBANON
School District: LEBANON
Listed By / Shown By
Listed By
Agency Name: Hostetter Realty
Agency Phone: 7177866200
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
1001 Chestnut Street | MLS# PALN2027398
This commercial property located at 1001 Chestnut Street, Lebanon, PA 17042 is currently listed for sale with an asking price of $919,000. Chestnut Street is located within the LEBANON school district. Search Lebanon real estate on www.realtymark.net today.