Open House: Sun, Jan 19th 1:00 PM - 2:30 PM EST

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

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