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Live in one apartment, and let the others help pay your mortgage! This 4-unit property in Lancaster's highly desirable Chestnut Hill neighborhood offers a rare opportunity for an owner-occupant to step into real estate investing while enjoying a spacious, character-filled home. With FHA and VA financing options available, this is an accessible path to building wealth through real estate. The first-floor apartment spans the entire first level and lives like a single-family home. It offers multiple bonus rooms and flexible living space"”ideal for a home office, guest rooms, or extended living. For those needing single floor living, this can work beautifully. The apartments provide immediate rental income, with a strong tenant base in place. Two apartments feature month to month leases and the others under a year, offering flexibility for a buyer who may want to reconfigure or increase rents over time. Current rents bring in $5,290 per month. Each apartment has its own unique character, with a mix of modern updates and historic charm, along with a dedicated outdoor deck or balcony for each apartment. All apartments are spacious, with layouts that lend to convenience and living well. A fourth floor storage area offers additional upside, whether as an additional bedroom for apartment 3, or an additional studio apartment. The property also features spacious yard space with mature, thoughtfully designed landscaping. Major improvements have already been handled, including roof work, mechanical updates, brick repointing, and interior improvements"”reducing near-term capital expense for the next owner. Located on a quiet, tree-lined street just a short walk to downtown Lancaster, you're near Franklin & Marshall College, Fulton Theatre, and a thriving mix of restaurants, cafes, and art galleries. Whether you're looking to reduce your cost of living or take a serious step into real estate investing, this property offers flexibility, stability, and long-term upside in one of Lancaster's most sought-after neighborhoods. Don't miss the opportunity!"‹
| DAYS ON MARKET | 0 | LAST UPDATED | 9/7/2026 |
|---|---|---|---|
| TRACT | CHESTNUT HILL | YEAR BUILT | 1890 |
| COMMUNITY | Lancaster City (10533) | COUNTY | LANCASTER |
| STATUS | Active | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| School District | SCHOOL DISTRICT OF LANCASTER |
|---|---|
| Elementary School | FULTON E.S. |
| Jr. High School | JOHN F REYNOLDS |
| High School | MCCASKEY CAMPUS |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric, Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater, Gas Water Heater |
| AREA | Lancaster City (10533) |
| BASEMENT | Full, Yes |
| CONSTRUCTION | Brick |
| EXTERIOR | Balcony, Lighting, Rain Gutters |
| FIREPLACE | Yes |
| HEAT | Electric, Forced Air, Hot Water, Natural Gas, Radiant |
| INTERIOR | Eat-in Kitchen |
| LOT | 5663 sq ft |
| LOT DESCRIPTION | Back Yard, Level, Private |
| LOT DIMENSIONS | 35'x158' |
| PARKING | On Street, Unassigned |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 3+ |
| STYLE | Victorian |
| SUBDIVISION | CHESTNUT HILL |
| TAXES | 10396 |
| UTILITIES | Natural Gas Available, Sewer Available, Water Available, Electricity Available |
| VIEW | Yes |
| VIEW DESCRIPTION | City |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Astoria Realty Advisors LLC
The multiple listing data appearing on this website, or contained in reports produced therefrom, comes in part from Metropolitan Regional Information Systems ("MRIS"). The information provided is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All real estate listings include detailed information about them that includes the name of the listing brokers and therefore may reference real estate listing(s) held by a brokerage other than the broker and/or agent who owns this web site.
All listing data, including, but not limited to, square footage and lot size is believed to be accurate, but the listing agent, listing broker and respective Multiple Listing Services and their affiliates do not warrant or guarantee such accuracy. Therefore, all data should be personally verified through personal inspection by and/or with the appropriate professionals. Listing data last updated 9/8/26 5:38 AM PDT.
The listing information on this web site is from various brokers who participate in IDX.
Copyright 2026 MRIS. All rights reserved.
All listing data, including, but not limited to, square footage and lot size is believed to be accurate, but the listing agent, listing broker and respective Multiple Listing Services and their affiliates do not warrant or guarantee such accuracy. Therefore, all data should be personally verified through personal inspection by and/or with the appropriate professionals. Listing data last updated 9/8/26 5:38 AM PDT.
The listing information on this web site is from various brokers who participate in IDX.
Copyright 2026 MRIS. All rights reserved.
This IDX solution is (c) Diverse Solutions 2026.