Active

680 Columbia Ave

Lancaster PA, 17603

$315,000


$138.28 per sqft

Active

6 Beds

2,278 sqft

Multi-family

Built in 1900

Turnkey Investment Opportunity in Prime Location! This cash-flowing 3-unit property offers excellent income potential with two nicely renovated apartments and an additional 2-car garage for rental income. Unit 1 (First Floor): 1-bedroom apartment with 2 additional nonconforming bedrooms in the basement, currently rented at $1,500/month. Unit 2 (Second Floor): Spacious, nicely renovated 3-bedroom unit, also rented at $1,500/month. 2-Car Garage: Projected rental income of $500/month, providing additional cash flow potential. Each unit is metered individually, reducing owner expenses. The owner pays for water, sewer, and trash services. The property also features bonus off-street parking, adding convenience for tenants. Located less than a mile from Franklin & Marshall College, local dining, and amenities, this property is perfectly situated for tenants seeking convenience and accessibility. Don't miss this opportunity to invest in a beautifully updated property with excellent income potential and an unbeatable location!

PALA2062552

MLS ID

January 14, 2025

Listed

January 16, 2025

Updated

Map

680 Columbia Ave
Lancaster PA, 17603

Interior Features

Bedrooms

6


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

2


Garage

Yes


Garage Spaces

2


Parking

Off Street, On Street, Detached


Parking Total

2


View

No


County

LANCASTER


Water Source

Public


Pool

No

Listing History

Date

Event

Price

1/14/2025

Active

Listed by LPT Realty, LLC
Listing Contact: 7178038888 

The IDX display contains information sourced from the Bright MLS, Inc. as of 1/16/2025. 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 1/16/2025 at 12:11 AM UTC

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