Brick Victorian
For Sale
$379,900
301 Chestnut St, Columbia, PA 17512
Four occupied units are housed within a distinctive brick Victorian featuring a mansard roof and wraparound porch.
Property Size2,436 SF
Price / SF$155.95
Days on Market93
Property Features for 301 Chestnut St
General Information
Standard status
Active
Size
2,436 SF
Property subtype
Residential Income
Occupancy
100%
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$5,250
Amenities
wraparound porch
Building Details
Construction
brick Victorian
Tenancy
Multi
Listing Agency:
Kingsway Realty - Lancaster
(717) 569-8701
Listed By:
Chris Beiler · License #RS330808
(717) 201-0838
Source:
Exprealty
Added: Jul 17
Changed: Oct 4
Last Checked: Oct 16 at 12:19PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kingsway Realty - Lancaster
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This four-unit multifamily property occupies a brick Victorian building with a mansard roofline, tall windows, and a wraparound porch extending across the front. The architectural details give the property a distinct residential character while supporting its quadplex configuration.
All four units are currently occupied, and Smoker Property Management handles professional management. The property is located at 301 Chestnut St in Columbia, Pennsylvania, placing the asset within the Susquehanna riverfront town identified in the property information.
All four units are currently occupied, and Smoker Property Management handles professional management. The property is located at 301 Chestnut St in Columbia, Pennsylvania, placing the asset within the Susquehanna riverfront town identified in the property information.
Key Highlights
- Four‑unit multifamily property with all units currently occupied
- Brick Victorian building with a mansard roofline and tall windows
- Wraparound front porch spans the building’s frontage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,210
Cap Rate
7.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$544,200
$544.2K
Cap Rate 7%
$388,714
$388.7K
Cap Rate 9%
$302,333
$302.3K
Market Conditions
NOI Build-Up for 2,436 SF
Gross rent
$39.5K $16.20/SF
− Vacancy
−$592 −$0.24/SF
EGI
$38.9K $15.96/SF
− OpEx
−$11.7K −$4.79/SF
NOI
$27.2K $11.17/SF
Area
Lancaster County, PA
Vacancy
1.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$544,200
Cap Rate 7%
$388,714
Cap Rate 9%
$302,333
Alternative Uses
Best Use
Multifamily LT 5
$388.7K
$340.1K – $453.5K
NOI $27,210 @ 7.0% cap · market cap 7.16%
Second Best
Apartment 5plus
$342.8K
$300.0K – $399.9K
NOI $23,996 @ 7.0% cap · market cap 6.32%
Theoretical Best
Office A
$816.3K
$714.3K – $952.4K
NOI $57,142 @ 7.0% cap · market cap 15.04%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
692
Businesses Nearby
Explore this area
Business Placement
Demographics for 17512, PA
18,267
Population
8,255
Households
2.2
Avg Household Size
42
Median Age
23%
College-Educated
86%
High-School Grad
16.0 sq mi
ZIP Area
1,142
Density / Sq Mi
$61,130
Median Household Income
$42,702
Median Earnings
$1,067
Median Rent
$221,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Four occupied units are housed within a distinctive brick Victorian featuring a mansard roof and wraparound porch.
Where is this quadplex located?
The property is located at 301 Chestnut St Columbia, PA.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: Four‑unit multifamily property with all units currently occupied; Brick Victorian building with a mansard roofline and tall windows; Wraparound front porch spans the building’s frontage
