135- 137 College Avenue, Lancaster, PA 17603

USD 1,390,000
For Sale MLS: PALA2087588

Property Details

Bathrooms

10

Description

Historic three-story downtown investment property full of charm and character, featuring 10 apartments in a prime location within walking distance to Franklin & Marshall College. This well-maintained building showcases original hardwood floors, timeless architectural details, and the classic appeal of a solidly built historic structure. Owner-managed for over 20 years, the property offers gas heat, separate electric meters for each unit, and on-site coin-op laundry. One vacant unit is currently being renovated, creating immediate upside potential. Low operating expenses contribute to a strong return, making this a rare opportunity to own a stable multifamily asset with solid income and enduring character in the heart of downtown.

PROPERTY DETAILS: Square Feet: 10 | Bathrooms: 10

INTERIOR FEATURES: • Flooring: Hardwood, Vinyl • Cooling: Ceiling Fan(s), Window Unit(s) • Heating: Gas Heat, Radiant • Plumbing: Gas Water Heater

EXTERIOR FEATURES: • Parking: On Street. • Exterior: Brick • Roof: Rubber • Lot View: City • Lot Dimensions: 0.00 x 0.00 • Zoning: MULTI- FAMILY

LISTING AGENT: Agent: Paula Landis | Office: Coldwell Banker Realty | Phone: 717-742-8320 | Email: [email protected]

LISTING INFORMATION: MLS#: PALA2087588 | Status: Contingent

Location

Address

135- 137 College Avenue

City

Lancaster

Features and Finishes

Interior Features:

• Flooring: Hardwood, Vinyl

• Cooling: Ceiling Fan(s), Window Unit(s)

• Heating: Gas Heat, Radiant

• Plumbing: Gas Water Heater

Exterior Features:

• Parking: On Street.

• Exterior: Brick

• Roof: Rubber

• Lot View: City

• Lot Dimensions: 0.00 x 0.00

• Zoning: MULTI- FAMILY

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