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Kara Shaffer

[email protected] +1(443) 926-3287

$ 315,000

Est. payment -/mo

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Pending

680 COLUMBIA AVE Lancaster, PA 17603

2,278 SqFt

UPDATED:

03/04/2025 07:25 PM

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Pending

Purchase Type For Sale

Square Footage 2,278 sqft

Price per Sqft $138

MLS Listing ID PALA2062552

Style Converted Dwelling

Abv Grd Liv Area 1,643

Originating Board BRIGHT

Year Built 1900

Available Date 2025-01-14

Annual Tax Amount $2,931

Tax Year 2024

Lot Size 1,742 Sqft

Acres 0.04

Property Sub-Type Detached

Property Description

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!

Location

State PA

County Lancaster

Area Lancaster City (10533)

Zoning RESIDENTIAL

Rooms

Basement Poured Concrete, Unfinished

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Heat Source Electric

Exterior

Parking Features Garage - Rear Entry, Additional Storage Area

Garage Spaces 2.0

Utilities Available Cable TV Available

Water Access N

Roof Type Rubber

Accessibility Other

Total Parking Spaces 2

Garage Y

Building

Foundation Brick/Mortar, Stone

Sewer Public Sewer

Water Public

Architectural Style Converted Dwelling

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District School District Of Lancaster

Others

Tax ID 338-98435-0-0000

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional, FHA, VA, PHFA

Listing Terms Cash, Conventional, FHA, VA, PHFA

Financing Cash,Conventional,FHA,VA,PHFA

Special Listing Condition Standard

Listed by Vuthy Taing • LPT Realty, LLC

Kara Shaffer

Advisor | License ID: 633377

+1(443) 926-3287

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