342 E Chestnut StreetLancaster, OH 43130

342 E Chestnut StreetLancaster, OH 43130

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$234,900 Active
Multi Unit - Multiple MLS 226004542

Listed By

Agency Name: Red 1 Realty
Agency Phone: 614-585-9020
Agent Name: Heather Mae Warner

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Live in one unit and let the other pay your mortgage! This fantastic multi-unit opportunity has flexibility and character! This property offers the potential to convert into a spacious 4-bedroom single family home or continue as an income producing investment. Sitting in a high demand location awaits immediate rental income. Upstairs unit has private entrance with two-bedrooms and one-bathroom. Large attic perfect for storage. Private balcony where you can relax and unwind. Downstairs is a stunning one -bedroom and one bathroom. Gorgeous original sliding doors and partial basement. Washer and dryer hookups are offered on both levels. Separate electric meters and convenient off -street parking. Whether you are looking to expand your investment portfolio or create a larger single-family home in a prime location, this property offers versatility and strong potential! Prof

342 E Chestnut Street | MLS# 226004542

This multi-family property located at 342 E Chestnut Street, Lancaster, OH 43130 is currently listed for sale with an asking price of $234,900. E Chestnut Street is located within the LANCASTER CITY school district. Search Lancaster real estate on 2210scrollroadsw.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: None
Days on Market: 21
Lot Size: 0.15 Acres
Taxes: $2,415
Year Built: 1904

Feature Descriptions

Parcel #: 05-35082-400

Local Schools

School District: LANCASTER CITY

Demographics

Fairfield County Demographic Information for 342 E Chestnut Street, Lancaster, OH 43130
Fips
Fips Code 39045
Population
2020 to 2023 Change up 4.1%
2010 Count 146,156
2020 Count 158,921
2023 Estimate (V2023) 165,360
2020 Estimate (V2023) 158,908
Age Distribution (Years Old)
0 to 4 5.7%
5 to 17 23.6%
18 to 64 53.9%
65 and Older 16.8%
Gender
Male 50.0%
Female 50.0%
Place of Birth
Foreign 4.1%
US 95.9%
Education
High School Graduate, Age 25+ 93.9%
Bachelor's Degree or Higher, Age 25+ 31.1%
Computer and Internet use
Households with a computer 94.5%
Households with a broadband Internet subscription 89.2%
Language
English is Second Language, Age 5+ 5.0%
English is First Language, Age 5+ 95.0%
Veterans
Veterans 9,179
Income
Per Capita Income $38,783
Median Household Income $82,969
People in Poverty 8.8%
Commute
Average Work Commute Time 28 minutes
Housing
Total Housing Units 64,207
Households 58,723
Average Household Size 2.66
Owner-Occupied 74.9%
Multi-Family 15.4%
Owner-Occupied Median Value $247,800
Median selected monthly owner costs -with a mortgage $1,599
Median selected monthly owner costs -without a mortgage $613
Median gross rent $1,042
Building Permits
New Private Housing Issued 2023 439
Years at Residence
1 Year or More 88.7%
Less Than 1 Year 11.3%
Business and Employment
Private non-farm Establishments 2,737
Private non-farm Employment 35,677
Private non-farm Employment Growth down 1.0%
Nonemployer Establishments 12,265
Number of Firms 11,556
Business Production
Value of Shipments $1,121,644,000
Wholesale Trade $0
Retail Trade $1,966,556,000
Retail Sales Per Capita $11,384
Accommodation and Food Services $252,325,000
Land
Land Area 504.41 sq. miles
Population Per Square Mile 290

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 1,415.84 per month $1,146.08 Principal & Interest $201.25 Property Tax $68.51 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage