305 E Chestnut St
Lancaster, PA 17602
Musser Park- 5 Beds
- 4 Baths
- 2,882 sqft
5 Beds
4 Baths
2,882 sqft
Local Information
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Description
Welcome to your next opportunity! Each apartment has undergone significant renovations during current ownership, resulting in a lovely, turn key investment opportunity in one of the most appealing locations in downtown. Upgrades throughout include hardwood floors, updated kitchens and baths, and sensible, spacious living areas. Apt 1 was a thriving Airbnb, and more recently a furnished mid term rental to abide by recent city regulations. The remaining apartments are occupied by tenants that would love to stay, and opportunity for upside remains in those rent prices. Heat and electricity are seperated, with natural gas radiators providing a highly efficient heat source for tenants. 3 of the apartments have their own laundry facilities, an unusual and highly desirable amenity for affordable apartments. All of this is located across from the lovely Musser Park, and just a short walk from the wonderful amenities of downtown Lancaster. Many amazing dining destinations, shopping, the arts scene, the nightlife and so much more are at your fingertips in this location. For investors, buy this for the appreciation and cashflow, or for an owner occupant this could make a wonderful opportunity for a low down payment FHA purchase and having a large portion of your living expenses covered. Take this opportunity to own your very own piece of thriving Lancaster!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from February 06, 2024
Home Highlights
Parking
Open Parking
Outdoor
Porch
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 305 E Chestnut St
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Interior Details Basement: UnfinishedNumber of Rooms: 1Types of Rooms: Basement |
Beds & Baths Number of Bedrooms: 5Main Level Bedrooms: 5Number of Bathrooms: 4Number of Bathrooms (full): 4Number of Bathrooms (main level): 4 |
Dimensions and Layout Living Area: 2882 Square Feet |
Appliances & Utilities Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water AvailableAppliances: Stainless Steel Appliance(s), Dryer, Water Heater, Washer, Gas Water HeaterDryerLaundry: Main Level,In Basement,Has LaundryWasher |
Heating & Cooling Heating: Radiator,Natural GasHas CoolingAir Conditioning: Window Unit(s),ElectricHas HeatingHeating Fuel: Radiator |
Fireplace & Spa No FireplaceNo Spa |
Windows, Doors, Floors & Walls Window: Double Hung, Double Pane Windows, Vinyl CladFlooring: Hardwood, Luxury Vinyl, Wood |
Levels, Entrance, & Accessibility Stories: 3Number of Stories: 3Levels: ThreeAccessibility: 2+ Access ExitsFloors: Hardwood, Luxury Vinyl, Wood |
View Has a ViewView: City |
Security Security: Fire Alarm |
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Exterior Home Features Roof: Asphalt RubberPatio / Porch: PorchFencing: WoodOther Structures: Above Grade, Below GradeExterior: Lighting, Play AreaFoundation: StoneNo Private Pool |
Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking: On Street |
Pool Pool: None |
Frontage Responsible for Road Maintenance: City/CountyRoad Surface Type: Black TopNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Farm & Range Not Allowed to Raise Horses |
Finished Area Finished Area (above surface): 2882 Square Feet |
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Year Built Year Built: 1880Year Renovated: 2021 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: Twin/Semi-DetachedArchitecture: Traditional |
Building Construction Materials: BrickNot a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Condition: Excellent, Very GoodNot Included in Sale: All Of Tenants BelongingsIncluded in Sale: All Contents Of Apartment 1, And All Appliances In The BuildingParcel Number: 3365530800000 |
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Price List Price: $575,000 |
Status Change & Dates Off Market Date: Tue Feb 06 2024Possession Timing: Close Of Escrow |
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MLS Status: CLOSED |
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Direction & Address City: LANCASTERCommunity: Musser Park |
School Information Elementary School: Wickersham E.s.Elementary School District: School District Of LancasterJr High / Middle School: Lincoln M.s.Jr High / Middle School District: School District Of LancasterHigh School: Mccaskey H.s.High School District: School District Of Lancaster |
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Building Area Building Area: 4082 Square Feet |
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Not Senior Community |
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No HOA |
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Lot Area: 2614 sqft |
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Special Conditions: Standard |
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Listing Agreement Type: Exclusive AgencyListing Terms: Cash, Conventional, FHA |
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Business Information Ownership: Fee Simple |
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BasementMls Number: PALA2044284Municipality: LANCASTER CITYAbove Grade Unfinished Area: 2882 |
Last check for updates: about 13 hours ago
Listed by Benuel Esh, (717) 344-4480
Keller Williams Elite
Listing Team: Esh & Associates
Bought with: Jennifer Jane Jacoby, (717) 799-8271, Hometown Property Sales
Source: Bright MLS, MLS#PALA2044284

Price History for 305 E Chestnut St
| Date | Price | Event | Source |
|---|---|---|---|
| 02/05/2024 | $575,000 | Sold | Bright MLS #PALA2044284 |
| 12/19/2023 | $575,000 | Pending | Bright MLS #PALA2044284 |
| 12/14/2023 | $559,000 | Listed For Sale | Bright MLS #PALA2044290 |
| 03/17/2021 | ListingRemoved | Keller Williams | |
| 03/10/2021 | $995 | Listed For Rent | Keller Williams #PALA178358 |
Comparable Sales for 305 E Chestnut St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.15 | Single-Family Home | $485,000 | 05/06/26 | 6 | 3 | 2,990 | |
0.35 | Single-Family Home | $425,000 | 07/31/25 | 4 | 2.5 | 2,439 | |
0.31 | Single-Family Home | $400,000 | 11/21/25 | 5 | 2.5 | 2,786 | |
0.29 | Single-Family Home | $485,000 | 06/02/25 | 3 | 3.5 | 2,064 | |
0.38 | Single-Family Home | $380,000 | 10/09/25 | 4 | 2.5 | 2,142 | |
0.08 | Single-Family Home | $639,573 | 02/06/26 | 3 | 1.5 | 2,744 | |
0.19 | Single-Family Home | $380,000 | 12/01/25 | 3 | 2 | 1,587 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 305 E Chestnut St.
What Locals Say about Musser Park
At least 110 Trulia users voted on each feature.
89 % Say there are sidewalks
78 % Say it's dog friendly
76 % Say it's walkable to restaurants
73 % Say streets are well-lit
68 % Say people would walk alone at night
68 % Say there's holiday spirit
63 % Say it's walkable to grocery stores
60 % Say kids play outside
58 % Say car is needed
57 % Say yards are well-kept
51 % Say parking is easy
49 % Say they plan to stay for at least 5 years
48 % Say neighbors are friendly
41 % Say there are community events
33 % Say it's quiet
28 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
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Homes for sale near 305 E Chestnut St
Off Market Homes Near 305 E Chestnut St

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Property information displayed is deemed reliable but is not guaranteed.
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Homes for rent near 305 E Chestnut St
305 E Chestnut St, Lancaster, PA 17602 is a 5 bedroom, 4 bathroom, 2,882 sqft single-family home built in 1880. 305 E Chestnut St is located in Musser Park, Lancaster. This property is not currently available for sale. 305 E Chestnut St was last sold on Feb 5, 2024 for $575,000 (0% higher than the asking price of $575,000). The current Trulia Estimate for 305 E Chestnut St is $688,600.

