Active
680 Columbia Ave
Lancaster PA, 17603
$315,000
$138.28 per sqft
Active
6 Beds
2 Baths
2,278 sqft
Residential
Built in 1900
Turnkey Investment Opportunity in the Heart of Lancaster! This cash-flowing 3-unit property is a rare find, offering excellent income potential with two beautifully renovated apartments and a 2-car garage for additional rental revenue. Perfectly positioned in a sought-after location, this property is ideal for investors seeking steady returns or live in one unit and rent out the others. Unit 1 (First Floor): 1-bedroom apartment with 2 additional large nonconforming bedrooms in the basement, currently rented at $1,500/month. Unit 2 (Second Floor): Spacious and stylishly renovated 3-bedroom unit, also rented at $1,500/month. 2-Car Garage projected rental income of $500/month, adding to your cash flow. Each unit is individually metered, keeping operating expenses low. Owner covers water, sewer, and trash services. Off-street parking is a bonus feature that tenants will appreciate. Situated less than a mile from Franklin & Marshall College, this property is also walking distance to downtown Lancaster, offering access to vibrant dining, shopping, and entertainment options. Its central location makes it highly appealing to tenants seeking both convenience and accessibility. Don't miss out on this fully updated investment opportunity in a desirable area. Whether you're an experienced investor or just starting to build your portfolio, this property is a solid choice with outstanding income potential. Schedule your private tour today!
PALA2062716
MLSⓇ ID
January 15, 2025
Listed
January 15, 2025
Updated
Map
680 Columbia Ave
Lancaster PA, 17603
Interior Features
Total Stories
3
Bedrooms
6
Total Bathrooms
2
Full Bathrooms
2
Appliances
Electric Water Heater
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Baseboard, Electric
Exterior/Building Features
Lot Size
0.04 Acres
Architectual Style
Converted Dwelling
Roof
Rubber
Sewer
Public Sewer
School Information
School District
SCHOOL DISTRICT OF LANCASTER
Other Property Details
Area Name
LANCASTER CITY
Taxes
$2,931
Tax Frequency
Annually
Days on Market
1
Garage
Yes
Garage Spaces
2
Parking
Off Street, On Street, Detached
Parking Total
2
View
Yes
View Description
City
County
LANCASTER
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
1/15/2025 | Active | — |
Open House Schedule
Sun, Jan 19th
1:00 PM - 2:30 PM EST
Listed by LPT Realty, LLC
Listing Contact: 7178038888
The IDX display contains information sourced from the Bright MLS, Inc. as of 1/15/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 1/15/2025 at 11:08 PM UTC