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Off market
  • $758,200

    27-31 Chestnut St, Lewistown, PA 17044

    --beds
    --baths
    --sqft
    Other
    Built in 1940
    8,712 Square Feet Lot
    $758,200 Zestimate®
    $--/sqft
    $1,155 Estimated rent

    Home value

    $758,200

    Estimated sales range

    Not available

    $1,155/mo

    Zestimate® history
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    $5,050/mo

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    What's special

    Prime Investment Opportunity: 17-Unit Apartment Building in Lewistown, PAThis fully updated 17-unit apartment building offers over 15,000 square feet of income-generating space in the heart of Lewistown, PA. The property includes a versatile mix of 1, 2, and 3-bedroom units designed to meet diverse tenant needs, along with a 5,000+ square foot attached garage featuring 17 dedicated parking spaces and ample storage potential. Two on-site laundry rooms enhance tenant convenience while generating additional income.The property has undergone several upgrades to maximize value and appeal. Two units have been converted into spacious 3-bedroom apartments, boosting rental income, while a 17th unit was added at street level for additional revenue. Energy-efficient LED lighting has been installed throughout the common areas, and new entrance doors with advanced access control systems enhance security and convenience for tenants. A remote-access camera system ensures superior safety, and several units have been updated with refreshed kitchens, bathrooms, and flooring, making them fully functional and rent-ready.With future potential to convert the garage into rentable storage units, add tenant amenities, or add an 18th unit, this property offers room for growth and increased revenue. Located in a high-demand rental market, this turnkey investment provides immediate cash flow and long-term potential, making it an exceptional opportunity for both seasoned investors and those looking to diversify their portfolios.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Source: Kissinger, Bigatel and Brower,MLS#: PAMF2051980

    Facts & features

    Property

    Lot
    • Size: 8,712 sqft

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Other
    Materials
    • Brick, Stucco
    Condition
    • Year built: 1940

    Community & neighborhood

    Location
    • Region: Lewistown

    Price history

    DateEventPrice
    4/23/2025Listing removed$725,000
    Source: Kissinger, Bigatel and Brower #PAMF2051980 Report a problem
    4/16/2025Listed for sale$725,000
    Source: Kissinger, Bigatel and Brower #PAMF2051980 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 17044

    Nearby schools

    GreatSchools rating
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