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
135- 137 COLLEGE AVE, Lancaster, PA 17603
135- 137 COLLEGE AVE, Lancaster, PA 17603
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Charles C. Heyward, Jr.

Charles C. Heyward, Jr.

+1(240) 604-9639
Listed by Paula Landis • Coldwell Banker Realty
$ 1,390,000
Est. payment | /mo

4,356 Sqft Lot

Save
$ 1,390,000
Est. payment | /mo
Save

4,356 Sqft Lot

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Under Contract

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

Bright MLS (BMLS)

Nearby Locations

Charles C. Heyward, Jr.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(240) 604-9639

charles@heywardhomes.com

16701 Melford Blvd, Ste 100, Bowie, MD, 20715

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135- 137 COLLEGE AVE