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122 College Avenue

LANCASTER, PA 17603
  • $499,999
  • STATUS: Pending
  • ON SITE: 28 Days
  • ID#: PALA2060724
Pending
$499,999
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,630
    SQFT
  • $190
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Information

High School:
School District:

Description

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. Dont miss this chance to secure a multi-family gem with excellent ROI potential!

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Kristin & Mike Team of Northrop Realty, A Long & Foster Company. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-13T23:50:36.29.
www.kmteamrealestate.com/homes/157913890
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122 College Avenue LANCASTER, PA 17603

  • Price: $499,999
  • Status: Pending
  • On Site: 28 Days
  • ID#: PALA2060724
0
Beds
0
Baths
0
½ Baths
0.09
Acres
2,630
SQFT
$190
$/SQFT
1900
Built
Neighborhood:
West End Lancaster
County:
Lancaster
Area:
Lancaster City (10533)
High School:
Mccaskey Campus
School District:
School District Of Lancaster
Property Description
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. Dont miss this chance to secure a multi-family gem with excellent ROI potential!
Exterior Features

Architectural Style Other Construction Materials BrickMasonry Exterior Features Fire Escape Garage YN No Parking Types Off Street Pool No Pool Roof AsphaltRubber Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2630 Appliances Washer/Dryer Hookups Only Basement FullUnfinished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Exclusions Refrigerator in 1st unit Fireplace YN Yes Fireplaces Total 1 Heating Radiator Heating YN Yes Security Features Smoke Detector Single Room Units 3 Three Bedroom Units 0 Two Bedroom Units 0

Property Features

Acceptable Financing CashConventional Accessibility Features None Central Air YN No Cooling Fuel None Electric 100 Amp Service60 Amp Service Existing Lease Type Yearly Foundation Details Brick/Mortar Heating Fuel Natural Gas Hot Water Natural Gas Municipality LANCASTER CITY Navigable Water YN N New Construction YN No Number Of Units Leased 4 Number Of Units Total 4 Operating Expense 4220.00 Original MLSNumber 803484705624 Owner Pays GasTrash CollectionWaterSewer Ownership Interest Fee Simple Property Sub Type Quadruplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 5820.00 Total Actual Rent 43500.00 Trash Expense 104.00 Utilities Electric AvailableNatural Gas AvailableSewer AvailableWater Available Vacation Rental YN No Water Source Public Zoning RESIDENTIAL MULTI-FAMILY

Listing courtesy of RE/MAX Evolved: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Kristin & Mike Team of Northrop Realty, A Long & Foster Company. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-13T23:50:36.29.
 
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Kristin & Mike Team of Northrop Realty, A Long & Foster Company
10065 Baltimore National Pike
Ellicott City MD, 21042