Bought with Minh Hue Le • Coldwell Banker Realty
$1,325,000
$1,390,000
4.7%For more information regarding the value of a property, please contact us for a free consultation.
135- 137 COLLEGE AVE Lancaster, PA 17603
4,356 Sqft Lot
Key Details
Sold Price $1,325,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PALA2087588
Sold Date 07/24/26
Year Built 1890
Annual Tax Amount $12,214
Tax Year 2025
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 0.00 x 0.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property 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.
Location
State PA
County Lancaster
Area Lancaster City (10533)
Zoning MULTI- FAMILY
Interior
Hot Water Natural Gas
Heating Radiator
Cooling Ceiling Fan(s), Window Unit(s)
Flooring Hardwood, Vinyl
Heat Source Natural Gas
Exterior
Water Access N
View City, Street
Roof Type Rubber
Accessibility 2+ Access Exits
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District School District Of Lancaster
Others
Tax ID 335-64025-0-0000
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Cash,Conventional,Other
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

NEARBY SCHOOLS & BUSINESSES

GET MORE INFORMATION





