Prime Investment Opportunity! This quadruplex multi family offers an incredible income-generating potential. All units, tenants pay for electric. Unit 1 & Unit 4 tenants pay for gas. Unit 2 & 3 Both 2nd floor gas for the hot water and stove is included in the rent. Situated in a high-demand rental area, this property has strong tenant history and attractive rental rates. Perfect for investors looking to expand their portfolio or for an owner-occupant wanting to live in one unit and rent the others. Proximity to schools, shopping, public transportation, and major highways makes this an appealing choice for tenants. Don’t miss this chance to secure a multi-family gem with excellent ROI potential!
Sold
$440,775
122 College Ave, Lancaster, PA 17603
4beds
4baths
2,630sqft
Quadruplex
Built in 1900
-- sqft lot
$450,700 Zestimate®
$168/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: January 17, 2025 at 09:58am
Listed by:
John Zunner 717-330-0308,
RE/MAX Evolved,
Listing Team: The Zunner Team
Bought with:
John Zunner, RS341773
RE/MAX Evolved
Source: Bright MLS,MLS#: PALA2060724
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Basement
- Area: 0
Heating
- Radiator, Natural Gas
Cooling
- None
Appliances
- Included: Gas Water Heater
- Laundry: Washer/Dryer Hookups Only
Features
- Basement: Full,Unfinished
- Number of fireplaces: 1
Interior area
- Total structure area: 2,630
- Total interior livable area: 2,630 sqft
Property
Parking
- Parking features: Off Street
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 3,920 sqft
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 3354033400000
- Zoning: RESIDENTIAL MULTI-FAMILY
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Quadruplex
Materials
- Brick, Masonry
- Foundation: Brick/Mortar
- Roof: Asphalt,Rubber
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service, 60 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Community & neighborhood
Security
- Security features: Smoke Detector(s), Fire Escape
Location
- Region: Lancaster
- Subdivision: West End Lancaster
- Municipality: LANCASTER CITY
HOA & financial
Other financial information
- Total actual rent: 43500
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Income includes: Apartment Rentals, Parking
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Services availability
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