237 S Chestnut St, Shenandoah, PA 17976

Property Description

Fully Rented Income-Producing 4-Unit Property – Don’t Miss This Opportunity! Great opportunity to own a fully occupied, income-producing 4-unit property with a strong rental history and a mix of market-rate and Section 8 tenants. This well-maintained building offers consistent cash flow with annual gross income of $34,920 and a net profit of $23,525. Unit Breakdown: Unit 237 – $900/month (Market Rate) Tenant in place since July 2025. 2 bedrooms, 1 bathroom featuring newer carpet, living room, dining room, kitchen, electric heat, and a small rear patio. Landlord-owned appliances: stove, refrigerator, washer, and dryer. Unit 239 – $550/month (Section 8) Long-term tenant of 18 years, providing exceptional stability. 2 bedrooms (second bedroom currently used as a laundry room), 1 bathroom, living room, dining room, and kitchen. Landlord-owned appliances: stove and refrigerator. Unit 241-A – $950/month (Market Rate) Rented since November 2025. Beautifully updated with new flooring, an updated kitchen and bath, large open kitchen, living room, two generously sized bedrooms, and a small rear deck. Landlord-owned appliance: stove. Unit 241-B – $510/month (Section 8) Tenant in place for 5 years. 1 bedroom unit with living room and kitchen. Landlord-owned appliances: refrigerator, stove, and washer. Financials: Annual Gross Income: $34,920 Annual Expenses: $11,395.17 Sewer: $1,812 Trash: $1,092 Water: $1,560 Taxes: $3,527.17 Insurance: $3,404 Net Annual Profit: $23,525 This property is fully rented, well maintained, and already producing income from day one—ideal for investors seeking steady cash flow with minimal vacancy risk. 📈 Solid returns. Long-term tenants. Turnkey investment. Don’t miss your opportunity to add this strong multi-unit asset to your portfolio!