INVESTMENT OPPORTUNITY! Welcome to 421 College Ave - a fully rented multi-unit townhome. Rentals on Lancaster's West side are a rare to find and highly sought after. The building has 3 apartments and a detached 2-car garage. With its prime location overlooking the North Museum, it is next to the F&M Campus, West Art, College Row, Amtrak, multiple restaurants and downtown's vital cultural scene. Unit 1 is a 2-bedroom, 1 bath apartment with use of the basement for storage and laundry. It also has use of the redone front porch. The tenants are currently also renting the garage. Unit 2 is a 1-bedroom, 1 bath apartment with in-unit laundry and a back porch. Unit 3 is a 1-bedroom, 1 bath apartment with a back porch with amazing views! All tenants have use of the back yard. All tenants would like to stay - you don't have to worry about vacancy income gap or finding tenants! The main roof was replaced in 2015, electric was upgraded (electric panel in each unit), and a some new windows! Each unit has its own electric meter and gas (cooking) meter. Owner pays for heat, hot water, water, sewer, and trash. Limited showings due to tenant schedules. Open House on Sunday, 2/18, from 1-3pm.
Sold for $472,625
Zillow last checked:
Listing updated:
Bought with:
Tom Toole III, RS228901
RE/MAX Main Line-West Chester
Stacey Mitchell, RS353195
RE/MAX Main Line-West Chester
Source: Bright MLS,MLS#: PALA2046430
Price history
| Date | Event | Price |
|---|---|---|
| 3/25/2024 | Sold | $472,625+1.6%$203/sqft |
Source:  Bright MLS #PALA2046430 Report a problem | ||
| 2/20/2024 | Pending sale | $465,000$199/sqft |
Source: Bright MLS #PALA2046430 Report a problem | ||
| 2/14/2024 | Price change | $465,000-1.1%$199/sqft |
Source: Bright MLS #PALA2046430 Report a problem | ||
| 2/7/2024 | Listed for sale | $469,999+326.1%$202/sqft |
Source: Bright MLS #PALA2046430 Report a problem | ||
| 5/5/1999 | Sold | $110,300$47/sqft |
Source: Public Record Report a problem | ||
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$506,600
2% more
+$10,132
With Zillow Showcase(estimated)
$516,732
