122 College Avenue
Lancaster, PA 17603
- – beds
- – baths
- 2,630 sqft
- 3,920 sqft lot
- $167 per sqft
- 1900 build
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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!
Listing courtesy of BRIGHT / RE/MAX Evolved
Last checked:
Checking…
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Last updated Jan 18, 2025
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MLS# PALA2060724 —
The Building
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Year Built:1900
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Year Built Source:Estimated
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Roof:Asphalt, Rubber
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New Construction:No
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Construction Materials:Brick, Masonry
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Building Units Total:4
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Structure Type:Detached
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Architectural Style:Other
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Security Features:Smoke Detector
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Accessibility Features:None
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Foundation Details:Brick/Mortar
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Basement:Yes
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Basement Type:Full, Unfinished
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Building Winterized:No
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Estimated
Interior
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Fireplace:Yes
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Fireplaces:1
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:2630
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Living Area SqFt:2,630 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional
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Buyer Financing:Conventional
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Possession:Settlement, Subject to Existing Lease
Location
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Directions:From F&M College, S on College Ave, property on right
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Latitude:40.03882000
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Longitude:-76.32171000
The Property
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Property Type:Multi-Family
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Property Subtype:Quadruplex
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Lot Size Units:Square Feet
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Lot Size Acres:0.09
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Lot Size Source:Estimated
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Lot Size Dimensions:0.00 x 0.00
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Lot Dimensions Source:Estimated
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Lot SqFt:3,920 Sqft
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Exclusions:Refrigerator in 1st unit
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Zoning:RESIDENTIAL MULTI-FAMILY
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:116
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (717) 330-0308
- Office phone:
- (717) 509-2880
Taxes
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Tax ID Number:335-40334-0-0000
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Tax Year:2022
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Tax Annual Amount:$5,820
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Tax Assessed Value:$156,100
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Year Assessed:2022
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School Tax:3539.0
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County Tax:454.00
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City/Town Tax:1826.00
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Total Taxes Payment Frequency:Annually
The Listing
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Close Sale Type:Standard Sale
Heating & Cooling
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Cooling Type:None
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Central Air:No
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Cooling Fuel:None
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Heating:Yes
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Heating Type:Radiator
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Heating Fuel:Natural Gas
Utilities
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Utilities:Electric Available, Natural Gas Available, Sewer Available, Water Available
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Sewer/Septic:Public Sewer
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Electric Service:100 Amp Service, 60 Amp Service
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Hot Water:Natural Gas
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Water Source:Public
Appliances
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Appliances:Washer/Dryer Hookups Only
Schools
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High School:MCCASKEY CAMPUS
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School District Name:School District Of Lancaster
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School District Source:Listing Agent
The Community
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Subdivision Name:West End Lancaster
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Exterior Features:Fire Escape
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Pool:No Pool
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Association Recreation Fee:No
Parking
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Garage:No
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Type of Parking:Off Street
Extra Units
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Other Units:Unit 1,Unit 2,Unit 4,Unit 3
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Vacation Rental:No
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Single Room Units:3
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One Bedroom Units:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/15/25
Jan 15, 2025
|
Sold | BRIGHT | $440,775 | -11.8% |
12/2/24
Dec 2, 2024
|
Pending | BRIGHT | $499,999 | |
11/15/24
Nov 15, 2024
|
Listed / Active | BRIGHT | $499,999 |