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.
Listed By
Agency Name: Coldwell Banker Realty
Agency Phone: 7177358400
Shown By
Agent Name: Manuel Ishkhanian
Agent Phone: (484) 832-2122
Agency Title: RealtyMark
135- 137 College Avenue | MLS# PALA2087588
This commercial property located at 135- 137 College Avenue, Lancaster, PA 17603 is currently listed for sale with an asking price of $1,390,000. 135- 137 College Avenue is located within the SCHOOL DISTRICT OF LANCASTER school district. Search Lancaster real estate on mainlinemanny.realtymark.net today.