314 College Avenue Lancaster, PA $ 340,000
314 College Avenue
$ 340,000
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314 College Avenue

Lancaster, PA, 17603
$ 340,000
Bedrooms6 Baths2.1 Sq 2,000

Monthly Estimate*

$ 2,260

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Single Family Home for sale in Lancaster, PA

for $340,000 with 6 bedrooms and 2 full baths, 1 half bath. This 2,000 square foot home was built in 1925 on a lot size of 0.08.

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 othera 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!

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Single Family Pending

Price

$ 340,000

Bedrooms

6

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 5,167

Style

Traditional

Lot Size

0.08

Year Built

1925

Town/City

Lancaster

County/Region

Lancaster

MLS | Web ID

PALA2050164

Features
General
Interior Features Carpet Wood Floors
Sewer Public Sewer
Heating Hot Water Forced Air
Cooling Central A/C
Possession Settlement
Exterior Features Sidewalks Street Lights
Zoning RESIDENTIAL
Patio/Porch Features Porch(es)
Architectural Style Traditional
Construction Materials Vinyl Siding
Exclusions Tenants Personal Property
Year Built 1925
Levels 3
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality LANCASTER CITY
Accessibility None
County LANCASTER
New Construction N
Property Type Residential
HOA / Comm Assn N
Subdivision Name COLLEGE HILL
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status PENDING
Directions Head E on Route 30 Turn left onto the ramp to PA-23 W/E Walnut St Turn left onto the ramp to PA-23 W/E Walnut St Continue onto PA-23 W/E Walnut St Turn right onto College Ave Home is on the left.
City LANCASTER
Buyer Agent Compensation 3
Senior Community Y/N N
Zoning Description 513 Apt: Apt Bldg(s)
MLS Area Lancaster City (10533)
Lot Size Square Feet 3485.00
Waterfront Y/N N
Street Name COLLEGE
Tax Annual Amount 5167.0
Property Condition Good
Structure Type Detached
Condo/Coop Association Y/N N
Bathrooms Full Main Level 1
Bathrooms Count Main Level 2.00
Price Per Sq Ft Total 170.0
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Days on Market 10
Standard Status Pending
Year Built Source Assessor
Buyer Agent Compensation Type % Of Gross
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Interior
Heating Fuel Natural Gas
Basement Full Unfinished Interior Access Outside Entrance
Flooring Hardwood Carpet
Total Fireplaces 1
Fireplace Features Wood
Hot Water Natural Gas
Basement (Y/N) Y
Heating Y/N Y
Window Features Double Hung Double Pane
Fireplace Y/N Y
Above Grade Finished Area 2000
Full Baths 2
Half Baths 1
Street Suffix AVENUE
Central Air Y/N Y
Total Bedrooms 6
Below Grade Finished Area 0
Room Type Living Room Dining Room Primary Bedroom Bedroom 2 Bedroom 3 Bedroom 4 Kitchen Family Room Basement Foyer Bedroom 1 Bathroom 1 Full Bath Half Bath
Main Level Bedrooms 4
Below Grade Finished Area Unit Type Square Feet
Laundry Type Basement
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 3
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Exterior
Pool No Pool
Parking Features Paved Parking
Water Source Public
Inclusions Kitchen Appliances in each unit and Washer and Dryer in the basement
Type of Parking Off Street
Foundation Details Block
Water View Y/N N
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.08
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 42200.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 314
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* Excluded Features
List By
Keller Williams Elite

Broker

matthew@kghomegroup.com

Email

Affordability Calculator

$2,690
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,260
Monthly Property Taxes
$431
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4608882 Elementary School
3534714 Middle School
Mccaskey Campus High School High School
Pricing History
DatePricePrice ChangeDescription
5/14/2024$340,000 Listed Price

Map


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314 College Avenue, Lancaster, PA, 17603 is a Single Family Home for sale at $340,000 with 2,000 sqft and a lot size of 0.08. 314 College Avenue has 6 bedrooms, 2.1 baths, and was built in 1925. The property's zip code is 17603 which is in Lancaster, PA