314 College Ave Lancaster, PA 17603

Listing Details

• Property Type: Multi-Family
• Property Sub Type: Duplex
• Structure Type: Detached
• Architectural Style: Traditional
• Ownership: Fee Simple
• Exclusions: Tenants Personal Property
• Inclusions: Kitchen Appliances in each unit and Washer and Dryer in the basement
• New Construction: No
• Year Built: 1925
• Automatically Close On Close Date: No
• Remarks Public: 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!
• Special Features: None

Interior Features

• Flooring Type: Hardwood, Carpet
• Interior Amenities: Carpet, Wood Floors
• Window Features: Double Hung, Double Pane
• Fireplaces Count: 1
• Fireplace: Yes
• Foundation Details: Block
• Basement: Yes
• Basement Type: Full, Unfinished, Interior Access, Outside Entrance
• Total Sq Ft: 2000
• Living Area Sq Ft: 2000
• Price Per Sq Ft: 170.00
• Above Grade Finished Sq Ft: 2000
• Above Grade Finished Area Units: Square Feet
• Street Number Modifier: 314

Exterior Features

• Other Structures: Above Grade, Below Grade
• Construction Materials: Vinyl Siding
• Exterior Features: Sidewalks, Street Lights
• Water Access: No
• Waterfront: No
• Water Oriented: No
• Pool: No Pool
• Tidal Water: No
• Water View: No

Garage/Parking

• Garage: No
• Parking Features: Paved Parking
• Type Of Parking: Off Street

Utilities

• Central Air Conditioning: Yes
• Cooling Fuel: Electric
• Cooling Type: Central A/C
• Heating Fuel: Natural Gas
• Heating Type: Hot Water, Forced Air
• Heating: Yes
• Hot Water: Natural Gas
• Sewer/Septic System: Public Sewer
• Water Source: Public

Schools

• School District: SCHOOL DISTRICT OF LANCASTER
• Elementary School: WHARTON
• Middle School: JOHN F REYNOLDS
• High School: MCCASKEY CAMPUS
• Elementary School Source: Listing Agent
• High School Source: Listing Agent
• Middle School Source: Listing Agent
• School District Key: 300200397286
• School District Source: Listing Agent
• Elementary School: WHARTON
• High School: MCCASKEY CAMPUS
• Middle Or Junior School: JOHN F REYNOLDS

Lot Info

• Land Use Code: 513
• Lot Size Acres: 0.08
• Lot Dimensions: 0.00 x 0.00
• Lot Size Units: Square Feet
• Lot Sq Ft: 3485.00
• Outdoor Living Structures: Porch(es)
• Property Condition: Good
• Year Assessed: 2023
• Zoning: RESIDENTIAL
• Zoning Description: 513 Apt: Apt Bldg(s)

Rental Info

• Vacation Rental: No

Tax Info

• School Tax: 3136.00
• Tax Annual Amount: 5167.00
• Assessor Parcel Number: 339-68535-0-0000
• County Tax Payment Frequency: Annually
• Tax Year: 2023
• Close Date: 07/01/2024

Multi Family

• Other Units: Unit 1,Unit 2

MLS Schools

• School District Name: SCHOOL DISTRICT OF LANCASTER