525 Franklin Street
Columbia, PA 17512
- – beds
- – baths
- 1,344 sqft
- ~1 acre lot
- $646 per sqft
- 1950 build
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GREAT CASH FLOW - EASY MANAGEMENT 525 Franklin Street is a nearly one-acre parcel in Columbia Pa with four separate homes and six total residential rental units. The entire property is maintained and leased by a non-profit whose mission is to serve youth who are transitioning from the various service agencies into independent living situations. The largest home is a 1,350 sf cape cod with an attached carport. It has 3 bedrooms and 1 bath. Home number two is a 900-sf single family with 2 bedrooms and 1 bath. The 2 remaining buildings are nearly identical and have 2 efficiency apartments each. There is also a detached two car garage. The entire property has been inspected by the borough and has passed all lead paint tests. The current C/O is valid until 06/28/2025. The lease is a 3-Year term starting March 1, 2023. It has annual escalations of 3% and starts at $84,000 annually. All buildings and apartments have separate utilities which are paid for by the tenant. In addition, the tenant is responsible for taxes, insurance, yard care and snow removal. The parcel is in the borough of Columbia and is served by public water and sewer. It is zoned Medium Density Residential, potentially allowing additional development opportunities.
Listing courtesy of BRIGHT / Coldwell Banker Realty
Last checked:
Checking…
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Last updated Nov 16, 2024
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MLS# PALA2056674 —
The Building
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Year Built:1950
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Year Built Source:Estimated
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New Construction:No
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Construction Materials:Frame, Vinyl Siding
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Structure Type:Detached
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Architectural Style:Cape Cod, Ranch/Rambler
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Building Units Total:4
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Roof:Shingle
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Accessibility Features:None
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Foundation Details:Crawl Space
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Basement:Yes
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Basement Type:Full
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Estimated
Interior
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:1344
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Living Area SqFt:1,344 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional
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Buyer Financing:Other
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Possession:Immediate
Location
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Directions:For GPS directions use the address 725 Florence St. Columbia Pa 17512. Go past the dead end sign and follow the driveway until it stops. Parking is available at the end of the driveway by the pine trees the property will be to your left.
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Latitude:40.02611000
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Longitude:-76.49374000
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Location Type:Creek/Stream
The Property
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Property Type:Multi-Family
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Property Subtype:Other
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Property Condition:Good, Average
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Lot Size Units:Square Feet
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Lot Size Acres:0.92
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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:40,075 Sqft
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Inclusions:All appliances
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Zoning:MDR
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Road Surface Type:Paved, Stone
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View:Creek/Stream
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Outdoor Living Structures:Breezeway, Deck(s), Porch(es), Patio(s)
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Other Structures:Above Grade, Below Grade
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Water View:Yes
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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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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (717) 344-3033
- Office phone:
- (717) 735-8400
Taxes
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Tax ID Number:110-30472-0-0000
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Tax Year:2022
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Tax Annual Amount:$7,279
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Tax Assessed Value:$194,800
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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:Window Unit(s)
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Radiator, Baseboard - Electric, 90% Forced Air
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Heating Fuel:Electric, Natural Gas
Utilities
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Utilities:Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Water Available, Sewer Available
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Sewer/Septic:Public Sewer
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Electric Service:100 Amp Service
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Hot Water:Natural Gas, Electric
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Water Source:Public
Schools
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High School:COLUMBIA
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School District Name:Columbia Borough
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School District Source:Listing Agent
The Community
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Exterior Features:Fire Escape
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Pool:No Pool
Parking
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Total Garage and Parking Spaces:2
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Garage:Yes
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Garage Features:Garage - Side Entry
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Garage Spaces:2.00
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Type of Parking:Parking Lot, Detached Garage
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Parking Features:Private, Crushed Stone
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# of Detached Garage Spaces:2
Extra Units
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Vacation Rental:No
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Single Room Units:4
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One Bedroom Units:4
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Two Bedroom Units:1
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Three 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 |
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11/15/24
Nov 15, 2024
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Sold | BRIGHT | $869,000 | |
9/15/24
Sep 15, 2024
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Pending | BRIGHT | $869,000 | |
9/6/24
Sep 6, 2024
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Listed / Active | BRIGHT | $869,000 |