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533 Lincoln Way E, Chambersburg, PA, 17201

$225,000

Home List Price

$2,672*

Closing Credit

6 Bedrooms
3 Full Baths
2,200 SqFt
$102/SqFt
House

Location

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533 Lincoln Way E, Chambersburg$225,000

Buyer Closing Credits

$2,672*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street
Year Built1905
HeatingHeat Pump
CoolingCentral Air
BasementYes
MLS #PAFL2024394
Lot Size0.23 Acres
StatusActive
(ACTIVE)

About 533 Lincoln Way E

RARE TURNKEY INVESTOR OPPORTUNITY!!-$$$ MAKE MONEY RIGHT AWAY-LICENSED AND INSPECTED BURROUGH OF CHAMBERSBURG BOARDING HOUSE WITH 6 TENANTS (MANY HAVE BEEN THERE SEVERAL YEARS). UPSTAIRS AND DOWNTAIRS UNITS. COVERED PORCH ON FIRST FLOOR, DECK ON FIRST FLOOR, COVERED PORCH ON SECOND FLOOR. 3 TENANTS PER FLOOR. GENERATES $3350.0 0 A MONTH OR $40,200 A YEAR!! ALL FURNITURE CONVEYS WHICH INCLUDES 6 BEDROOM SETS, 2 KITCHEN TABLE SETS, 2 WASHER AND DRYER SETS, 2 STOVES, 2 REFRIGERATORS, AND OTHER MISC FURNISHINGS. 6 BEDROOMS WITH ONE OF THEM HAVING A PRIVATE BATH. CENTRAL AC/GAS PROGRAMABLE THERMOSTAT. LARGE REAR PARKING LOT CAN ACCOMMODATE 6 VEHICLES AND OLDER RED BARN FOR STORAGE. CENTRAL TO DOWNTOWN AREA, HOSPITAL, AND RESTAURANTS. SELLER IS RETIRING FROM RENTAL BUSINESS IN THE AREA. SELLER REQUESTS THAT CURRENT TENANTS BE ALLOWED TO STAY; ALTHOUGHT ALL ARE ON MONTH TO MONTH LEASE.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1905
  • Stories: 3
  • Living Area: 2,200 SqFt

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (888) 860-7369
  • Listing Agent: Hannah Grace Kline

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood, Carpet
  • Interior: Dining Area, 2nd Kitchen, Attic, Bathroom - Walk-In Shower, Bathroom - Tub Shower, Built-Ins, Kitchen - Eat-In

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: BBQ Grill, Outbuilding(s), Roof Deck, Sidewalks, Street Lights

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 81 N to exit 16 Lincoln Way East, make a right on 6th street and an immediate left into the first alley. Come up to the old red barn, and large rear parking lot is on left.

Municipality:

  • Chambersburg Boro

Price Information

Listing Price Info

Price Summary:

  • List Price: $225,000
  • Price Per SqFt: $102/SqFt

Tax Information:

  • Annual Amount: $2,026
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Chambersburg, PA.

Med. Sold Price

$270K

Med. Price/SqFt

$155

Avg. Days On Market

22

# of Sold Homes

46

533 Lincoln Way E vs Chambersburg

1 DAY ON ROCKET

-21 Days

$225,000

-$45K Less

$102/SqFt

-$54 Less

KEY TAKEAWAY

This property is $45K less than the Median Sold Price and $54/SqFt less than other homes in Chambersburg, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAFL2024394

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (888) 860-7369
  • Listing Agent: Hannah Grace Kline

IDX Information Deemed Reliable But Not Guaranteed. 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 in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 8:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 15, 2014Home Sold
$60,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,026$11,300
2020$1,982$11,300
2019$1,924$11,300
2018$1,866$11,300
2017$1,757$11,300

History based on county public records data.

Payment Calculator

$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-784353
4
/10
  • Buchanan Elementary School

  • 730 E Washington St

  • 0.26 miles

  • Public District Grades KG-5

school-card-donut-784354
5
/10
  • Stevens Elementary School

  • 800 Hollywell Ave

  • 1.07 miles

  • Public District Grades KG-5

school-card-donut-784355
5
/10
  • Benjamin Chambers Elementary School

  • 481 N Franklin St

  • 1.08 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,114. The majority of Chambersburg, PA residents have income between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Chambersburg, PA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Chambersburg, PA.

Chambersburg offers a diverse array of housing options, with single-family homes being a significant part of the market. The architectural styles in the area range from historic colonial to more contemporary designs, reflecting the town's rich history and modern growth. The housing market is balanced with a mix of older homes dating back to the early 20th century and newer constructions that cater to modern living preferences.

What is it like to live in Chambersburg, PA?

Chambersburg is celebrated for its historical significance and community spirit. The town prides itself on its well-preserved historical sites and the annual festivals that commemorate its heritage. The local ambiance is one of small-town charm combined with the conveniences of a larger community, offering residents a comfortable and engaging lifestyle.

Is it easy to get around Chambersburg, PA without a car?

The community is served by a number of public schools, ensuring educational opportunities for children of all ages. Healthcare is accessible through local clinics and a regional hospital that provides a range of services from emergency care to specialized treatments. Chambersburg also features a public library system and a variety of retail and dining options that showcase the local culture and cuisine.

Transportation in Chambersburg, PA.

Transportation in Chambersburg includes a network of local and regional bus services that connect residents to key areas within the town and beyond. The community is also served by major highways, facilitating travel and commuting to nearby cities. While specific ride-sharing services are available, the town also supports walkability in its downtown area, with efforts to improve pedestrian access and safety.

Frequently Asked Questions About 533 Lincoln Way E

What is the listing price of this property?

The listing price of 533 Lincoln Way E property is $225,000.

What type of property is this?

The property 533 Lincoln Way E is a house located in Chambersburg, Pennsylvania, 17201.

Is this property for sale now?

Active Listing: 533 Lincoln Way E is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,026 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 15, 2014 for $60,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 533 Lincoln Way E has 6 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 533 Lincoln Way E is 2,200 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 533 Lincoln Way E is 1905.

Rocket HomesPennsylvaniaFranklin CountyChambersburg17201533 Lincoln Way E

This home is located at 533 Lincoln Way E in Chambersburg, PA and zip code 17201. This 2,200 square foot home, which was built in 1905, sits on a 0.23 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 20, 2024 and is currently priced at $225,000.

In November 2024 more than 15 listings in Chambersburg, PA were sold above the asking price. During the same period more than 16 listings were sold at asking price, while more than 15 were sold below. The number of homes for sale in Chambersburg, PA decreased by 10.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 22 days, the median list price was $270,025.

From Rocket Homes Real Estate and based on county public records data.

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