135- 137 College Avenue, Lancaster, PA 17603

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Sold Price
$1,325,000
List Price
$1,390,000
Closing Date
Jul 24, 2026
Days on Market
10
Status
CLOSED
MLS#
PALA2087588
Lot Size (Acres)
0.1
Year Built
1890
County
Lancaster
School District
School District Of Lancaster

Property Description

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.

Additional Information

Area
Lancaster City (10533)
Taxes
$12214
Stories
3
School District
School District Of Lancaster
Flooring
Hardwood, Vinyl
View
City, Street
Heating
Radiator
Heating Fuel
Natural Gas
Cooling
Ceiling Fan(s), Window Unit(s)
Roof
Rubber
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Realty. Contact:

Selling Office: .