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Key Details
Sold Price $350,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $175
Subdivision College Hill
MLS Listing ID PALA2051174
Sold Date 07/01/24
Style Traditional
Abv Grd Liv Area 2,000
Originating Board BRIGHT
Year Built 1925
Annual Tax Amount $5,167
Tax Year 2023
Lot Size 3,485 Sqft
Acres 0.08
Lot Dimensions 0.00 x 0.00
Property Description
Welcome to 314 College Ave, located in the sought-after College Hills neighborhood of Lancaster City. This multi-unit property presents an exceptional opportunity for both owner-occupants and investors alike.
Situated just a stone's throw from Franklin & Marshall College, this property offers proximity to educational and cultural amenities, making it a prime location for rental demand.
With 2 units on site, you have the flexibility to live in one unit while renting out the other—a fantastic option for those seeking to offset their mortgage or generate additional income.
The property features 3 convenient off-street parking spaces at the rear, a valuable asset in this urban setting. There's also plenty of room for personalization and upgrades throughout, allowing you to add your own touches and potentially increase rental income.
Enjoy the convenience of being mere blocks away from downtown Lancaster, where you'll find a wealth of shops, restaurants, theaters, and entertainment options. Plus, easy access to major highways ensures effortless travel to other areas within Lancaster County, Hershey, Harrisburg, and beyond.
Don't miss out on this exciting opportunity to invest in Lancaster City's thriving real estate market. Schedule a showing of 314 College Ave today and discover the potential that awaits in this prime location!
Location
State PA
County Lancaster
Area Lancaster City (10533)
Zoning RESIDENTIAL
Rooms
Basement Full, Unfinished, Interior Access, Outside Entrance
Interior
Interior Features Carpet, Wood Floors
Hot Water Natural Gas
Heating Hot Water, Forced Air
Cooling Central A/C
Flooring Hardwood, Carpet
Fireplaces Number 1
Fireplace Y
Window Features Double Hung,Double Pane
Heat Source Natural Gas
Exterior
Exterior Feature Porch(es)
Water Access N
Accessibility None
Porch Porch(es)
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Wharton
Middle Schools John F Reynolds
High Schools Mccaskey Campus
School District School District Of Lancaster
Others
Tax ID 339-68535-0-0000
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Mirta I Nieves • The Property Alliance LLC