Welcome to 314 College Ave, located in the sought-after College Hills neighborhood of Lancaster City. This multi-unit property presents an exceptional opportunity for both owner-occupants and investors alike. Situated just a stone's throw from Franklin & Marshall College, this property offers proximity to educational and cultural amenities, making it a prime location for rental demand. With 2 units on site, you have the flexibility to live in one unit while renting out the other—a fantastic option for those seeking to offset their mortgage or generate additional income. The property features 3 convenient off-street parking spaces at the rear, a valuable asset in this urban setting. There's also plenty of room for personalization and upgrades throughout, allowing you to add your own touches and potentially increase rental income. Enjoy the convenience of being mere blocks away from downtown Lancaster, where you'll find a wealth of shops, restaurants, theaters, and entertainment options. Plus, easy access to major highways ensures effortless travel to other areas within Lancaster County, Hershey, Harrisburg, and beyond. Don't miss out on this exciting opportunity to invest in Lancaster City's thriving real estate market. Schedule a showing of 314 College Ave today and discover the potential that awaits in this prime location!
Sold for $350,000
$350,000
314 College Ave, Lancaster, PA 17603
6beds
2,000sqft
Single Family Residence
Built in 1925
3,485 Square Feet Lot
$410,200 Zestimate®
$175/sqft
$2,518 Estimated rent
Home value
$410,200
$381,000 - $447,000
$2,518/mo
Zestimate® history
Owner options
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$2,518/mo
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$2,518/mo
Rent Zestimate®
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$2,261/mo
Est. payment
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$2,261/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Matthew Koch 717-788-8347,
Keller Williams Elite,
Listing Team: Koch Garpstas Realty Group, Co-Listing Team: Koch Garpstas Realty Group,Co-Listing Agent: Carissa M Garpstas 717-788-8347,
Keller Williams Elite
Bought with:
Ms. Mirta Nieves, 2322054
The Property Alliance LLC
Source: Bright MLS,MLS#: PALA2050164
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 4
Basement
- Area: 0
Heating
- Hot Water, Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Gas Water Heater
- Laundry: In Basement
Features
- Flooring: Hardwood, Carpet, Wood
- Windows: Double Hung, Double Pane Windows
- Basement: Full,Unfinished,Interior Entry,Exterior Entry
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,000
- Total interior livable area: 2,000 sqft
- Finished area above ground: 2,000
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Paved, Off Street
Accessibility
- Accessibility features: None
Features
- Levels: Three
- Stories: 3
- Patio & porch: Porch
- Exterior features: Sidewalks, Street Lights
- Pool features: None
Lot
- Size: 3,485 sqft
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 3396853500000
- Zoning: RESIDENTIAL
- Zoning description: 513 Apt: Apt Bldg(s)
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
Condition
- Good
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Lancaster
- Subdivision: College Hill
- Municipality: LANCASTER CITY
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2024 | Sold | $350,000+2.9%$175/sqft |
Source:  Bright MLS #PALA2050164 Report a problem | ||
| 5/24/2024 | Pending sale | $340,000$170/sqft |
Source: Bright MLS #PALA2050164 Report a problem | ||
| 5/15/2024 | Listed for sale | $340,000+41.2%$170/sqft |
Source: Bright MLS #PALA2050164 Report a problem | ||
| 4/29/2019 | Sold | $240,800-3.7%$120/sqft |
Source: Agent Provided Report a problem | ||
| 1/20/2019 | Pending sale | $250,000$125/sqft |
Source: Coldwell Banker Residential Brokerage - Lancaster #PALA114932 Report a problem | ||
| 1/11/2019 | Listed for sale | $250,000-1.2%$125/sqft |
Source: Coldwell Banker Residential Brokerage-Lancaster #PALA114932 Report a problem | ||
| 11/22/2017 | Listing removed | $253,000$127/sqft |
Source: Coldwell Banker Residential Brokerage - Lancaster #1002668863 Report a problem | ||
| 11/1/2017 | Listed for sale | $253,000$127/sqft |
Source: Coldwell Banker Residential Brokerage - Lancaster #1002668863 Report a problem | ||
| 11/1/2017 | Pending sale | $253,000$127/sqft |
Source: Coldwell Banker Residential Brokerage - Lancaster #1002668863 Report a problem | ||
| 9/28/2017 | Listed for sale | $253,000$127/sqft |
Source: Coldwell Banker Residential Brokerage - Lancaster #270713 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: College Park
Nearby schools
GreatSchools rating
- 4/10Thomas Wharton El SchoolGrades: PK-5Distance: 0.5 mi
- 5/10Reynolds Middle SchoolGrades: 6-8Distance: 0.1 mi
- 5/10McCaskey CampusGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Wharton
- Middle: John F Reynolds
- High: Mccaskey Campus
- District: School District Of Lancaster
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$410,200
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$418,404
- Pennsylvania
- Lancaster County
- Lancaster
- 17603
- College Park
- 314 College Ave
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