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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Springer A.C.T.I.O.N. Team

Springer A.C.T.I.O.N. Team

+1(484) 498-4000
Listed by Paula Landis • Coldwell Banker Realty
$1,390,000
Est. payment /mo
4,356 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PALA2087588

Year Built 1890

Annual Tax Amount $12,214

Tax Year 2025

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 0.00 x 0.00

Property Sub-Type Five Or More Units

Source 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

Exterior

Water Access N

View City, Street

Roof Type Rubber

Accessibility 2+ Access Exits

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District School District Of Lancaster

Others

Tax ID 335-64025-0-0000

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Financing Cash,Conventional,Other

Special Listing Condition Standard

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Bright MLS (BMLS)

Nearby School & Business

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Springer A.C.T.I.O.N. Team

Springer A.C.T.I.O.N. Team

+1(484) 498-4000

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