827 Chestnut Street Lebanon, PA 17042
Mixed-use property with commercial space and residential unit in Lebanon.
- Added:
- May 8, 2026
- Days on Market:
- 66
- Last Refresh:
- Jul 5 at 7:14 am
Property Features for 827 Chestnut Street
General Information
- Standard status
- Active
- Size
- 1,568 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1920
Listing office Keller Williams Realty (717) 673-5570
Listing date May 8, 2026
Source Compass
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location in the heart of Lebanon City, between the Farmers Market and Post Office, offering strong visibility and easy access to downtown amenities.
- Mixed‑use property with a vacant first‑floor commercial space, ideal for business owners or tenants.
- Spacious 2‑bedroom, 1‑bath apartment on the second floor, currently rented for $1,000/month, providing immediate income.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.2k | $18.00 |
| − Vacancy | −$2.8k | −$1.80 |
| EGI | $25.4k | $16.20 |
| − OpEx | −$9.5k | −$6.07 |
| NOI | $15.9k | $10.13 |
