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sales rep | Brivity IDX

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1001 Chestnut St , Lebanon, PA 17042
$909,000
Est. Payment: $4,910.58/mo
3900 Sqft
0.07 Acres
Status: active | Days on site: 18
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108000 - 3235091
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House 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.

Highlights

Listed by Jacob D. Fisher , 7175872481 Hostetter Realty , 7177866200. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.07

Year Built

1910

County

Lebanon

Area

Lebanon City (13201)

School District

Lebanon

Listing ID

PALN2029134

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Interior Features

Water:Public

Exterior Features

Lot:Corner,Level,Rear Yard,Not New Construction,Horse Property: No
Lot Dimensions:34.7x91
Zoning:Residential
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$4,911
Taxes
$663

Home Price

$909,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$181,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,910.58

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,910.58 $663.25 $0.00 $5,573.83
Yearly $58,926.90 $7,959.00 $0.00 $66,885.90
Total $1,767,807.12 $238,770.00 $0.00 $2,006,577.12
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Lebanon, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T01:13:51.000Z

© 2026 Bright MLS