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  • $472,625

    421 College Ave, Lancaster, PA 17603

    4beds
    3baths
    2,332sqft
    Townhouse
    Built in 1900
    -- sqft lot
    $500,000 Zestimate®
    $203/sqft
    $-- HOA

    What's special

    INVESTMENT OPPORTUNITY! Welcome to 421 College Ave - a fully rented multi-unit townhome. Rentals on Lancaster's West side are a rare to find and highly sought after. The building has 3 apartments and a detached 2-car garage. With its prime location overlooking the North Museum, it is next to the F&M Campus, West Art, College Row, Amtrak, multiple restaurants and downtown's vital cultural scene. Unit 1 is a 2-bedroom, 1 bath apartment with use of the basement for storage and laundry. It also has use of the redone front porch. The tenants are currently also renting the garage. Unit 2 is a 1-bedroom, 1 bath apartment with in-unit laundry and a back porch. Unit 3 is a 1-bedroom, 1 bath apartment with a back porch with amazing views! All tenants have use of the back yard. All tenants would like to stay - you don't have to worry about vacancy income gap or finding tenants! The main roof was replaced in 2015, electric was upgraded (electric panel in each unit), and a some new windows! Each unit has its own electric meter and gas (cooking) meter. Owner pays for heat, hot water, water, sewer, and trash. Limited showings due to tenant schedules. Open House on Sunday, 2/18, from 1-3pm.

    Zillow last checked: 7 hours ago

    Listing updated: March 26, 2024 at 09:18am

    Listed by:

    Justine Dennis McPhee 717-690-4101,

    Keller Williams Elite,

    Co-Listing Team: The Meier-Mcphee Team, Co-Listing Agent: Gina M Meier 717-413-3488,

    Keller Williams Elite

    Bought with:

    Tom Toole III, RS228901

    RE/MAX Main Line-West Chester

    Stacey Mitchell, RS353195

    RE/MAX Main Line-West Chester

    Source: Bright MLS,MLS#: PALA2046430MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Basement
    • Area: 0
    Heating
    • Forced Air, Natural Gas
    Cooling
    • None, Electric
    Appliances
    • Included: Electric Water Heater
    Features
    • Basement: Full,Unfinished,Exterior Entry,Interior Entry
    • Has fireplace: No
    Interior area
    • Total structure area: 2,332
    • Total interior livable area: 2,332 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Faces Rear, Garage Door Opener, On Street, Detached
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Patio & porch: Porch
    • Pool features: None
    Lot
    • Size: 2,178 sqft
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 3390758600000
    • Zoning: RESIDENTIAL
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Townhouse
    Materials
    • Brick, Masonry
    • Foundation: Stone, Brick/Mortar
    • Roof: Architectural Shingle,Rubber
    Condition
    • Good
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Fire Escape
    Location
    • Region: Lancaster
    • Subdivision: F&m District
    • Municipality: LANCASTER CITY

    HOA & financial

    Other financial information
    • Total actual rent: 44364

    Other

    Other facts
    • Listing agreement: Exclusive Agency
    • Income includes: Apartment Rentals
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    Services availability
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