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525 Franklin Street

COLUMBIA, PA 17512
  • $869,900
  • STATUS: Active
  • ON SITE: 73 Days
  • ID#: PALA2061570
UPDATED: 80 min ago
$869,900
  • 0
    BEDS
  • 0.92
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1950
County:

School Information

High School:
School District:

Description

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. Recently inspected by Columbia Borough and passed all lead paint tests. C/O is valid until 06/28/25.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.

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©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Craig Hartranft Team, Berkshire Hathaway Homesale Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-02-16T21:50:49.283.
www.lancasterhome.com/homes/158491628
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525 Franklin Street COLUMBIA, PA 17512

  • Price: $869,900
  • Status: Active
  • On Site: 73 Days
  • Updated: 80 min ago
  • ID#: PALA2061570
0
Beds
0
Baths
0
½ Baths
0.92
Acres
1950
Built
Neighborhood:
Columbia Boro (10511)
County:
Lancaster
Area:
Columbia Boro (10511)
High School:
Columbia
School District:
Columbia Borough
Property Description
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. Recently inspected by Columbia Borough and passed all lead paint tests. C/O is valid until 06/28/25.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.
Exterior Features

Construction Materials FrameVinyl Siding Garage YN No Parking Features Private Parking Types Parking LotPrivate Garage Property Condition GoodAverage Roof Shingle View Creek/Stream Water Access YN No Water View YN Yes Waterfront YN No

Interior Features

Building Area Total 4000.00 Cooling Window Unit(s) Exclusions lawn mower Heating RadiatorBaseboard - Electric90% Forced Air Heating YN Yes Inclusions All appliances Net Square Feet 5150.00

Property Features

Acceptable Financing CashConventional Accessibility Features None Central Air YN No Cooling Fuel Electric Heating Fuel ElectricNatural Gas Hot Water Natural GasElectric Municipality COLUMBIA BORO Navigable Water YN N New Construction YN No Number Of Units Total 6 Original MLSNumber 803514053134 Ownership Interest Fee Simple Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 7279.00 Utilities Cable TV AvailableElectric AvailableNatural Gas AvailablePhone AvailableWater AvailableSewer Available Vacation Rental YN No Water Source Public Zoning MDR

Listing courtesy of Coldwell Banker Realty: .


©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Craig Hartranft Team, Berkshire Hathaway Homesale Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-02-16T21:50:49.283.
 
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The Craig Hartranft Team, Berkshire Hathaway Homesale Realty
150 North Pointe Blvd.
Lancaster PA, 17601
<-- Client Provided 11/13/24-- >