930 Red Rose Ct Ste 209

Lancaster, PA 17601

717-208-0789

Direct Line

525 Franklin Street, COLUMBIA, PA 17512 (MLS # PALA2061572)

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PRICE $869,900 dsIDX morgage calculator
BEDS 2
BATHS 1
HOME SIZE 1,344 sqft
LOT SIZE 40,076 sqft

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.

DAYS ON MARKET 70 LAST UPDATED 12/4/2024
TRACT COLOMBIA BORO YEAR BUILT 1950
COMMUNITY Columbia Boro (10511) GARAGE SPACES 2.0
COUNTY LANCASTER STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
School District COLUMBIA BOROUGH
High School COLUMBIA


ADDITIONAL DETAILS
AIR Electric, Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Electric Water Heater, Gas Water Heater
AREA Columbia Boro (10511)
BASEMENT Crawl Space, Full, Yes
CONSTRUCTION Frame, Vinyl Siding
GARAGE Yes
HEAT Baseboard, Electric, Forced Air, Natural Gas, Radiant
LOT 0.92 acre(s)
LOT DIMENSIONS 0.00 x 0.00
PARKING Private, Gravel, Garage, Parking Lot, Detached
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 3+
STYLE Cape Cod, Ranch/Rambler
SUBDIVISION COLOMBIA BORO
TAXES 7279
UTILITIES Cable Available, Natural Gas Available, Phone Available, Water Available, Sewer Available, Electricity Available
VIEW Yes
VIEW DESCRIPTION Water, Creek/Stream
WATER Public
WATERFRONT DESCRIPTION Creek
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