135- 137 COLLEGE AVE, Lancaster, PA 17603
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135- 137 COLLEGE AVE, Lancaster, PA 17603
135- 137 COLLEGE AVE, Lancaster, PA 17603
135- 137 COLLEGE AVE, Lancaster, PA 17603
135- 137 COLLEGE AVE, Lancaster, PA 17603
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Anita Mohamed

Anita Mohamed

+1(347) 903-3025
$ 1,390,000
Est. payment /mo
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Under Contract

135- 137 COLLEGE AVE Lancaster, PA 17603

4,356 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Under Contract

Purchase Type For Sale

Lot Size 4,356 Sqft

MLS Listing ID PALA2087588

Financing Cash,Conventional,Other

Total Units 10

Short Sale No

Originating MLS BRIGHT

Property Description

Historic three-story downtown investment property full of charm and character, featuring 10 apartments in a prime location within walking distance to Franklin & Marshall College. This well-maintained building showcases original hardwood floors, timeless architectural details, and the classic appeal of a solidly built historic structure. Owner-managed for over 20 years, the property offers gas heat, separate electric meters for each unit, and on-site coin-op laundry. One vacant unit is currently being renovated, creating immediate upside potential. Low operating expenses contribute to a strong return, making this a rare opportunity to own a stable multifamily asset with solid income and enduring character in the heart of downtown.

Location

State PA

County Lancaster

Area Lancaster City (10533)

Zoning MULTI- FAMILY

Interior

Hot Water Natural Gas

Heating Radiator

Cooling Ceiling Fan(s), Window Unit(s)

Flooring Hardwood, Vinyl

Inclusions Coin Op Washer& Dryer; Appliances in each unit.

Heat Source Natural Gas

1-purchase type For Sale

Exterior

Waterfront N

Water Access N

View City, Street

Roof Type Rubber

Accessibility 2+ Access Exits

Parking Type On Street

Building

New Construction N

Lot Dimensions 0.00 x 0.00

Sewer Public Sewer

Water Public

Schools

School District School District Of Lancaster

Others

Tax Amount $12,214

Tax Year 2025

Tax ID 335-64025-0-0000

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Other

Special Sale Standard

Bright MLS (BMLS)
testyfx76
Listed by Paula Landis • Coldwell Banker Realty
Anita Mohamed
Anita Mohamed

Broker Associate | jhy1aaaaaaaaaaaaaaaa 244410410

+1(347) 903-3025 | stagesite-3.test@chime.me

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135- 137 COLLEGE AVE