Patterson-Schwartz Real Estate525 Franklin Street, Columbia, PA 17512-2219 $869,900
Interior Sq. Ft: 1,344
Acreage: 0.92
Age:75 years
Style:
Cape Cod, Ranch/Rambler
Subdivision: Colombia Boro
Design/Type:
Detached
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. The entire property has been inspected by the borough and has passed all lead paint tests. The current C/O is valid until 06/28/2025. 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.
Home Assoc: No
Condo Assoc: No
Basement: Y
Pool: No Pool
High School: Columbia
Features
Utilities
90% Forced Air, Baseboard - Electric Heating, Radiator Heating, Electric, Natural Gas, Window Unit(s) Cooling, Electric, Hot Water - Electric, Hot Water - Natural Gas, Public Water, Public Sewer, 100 Amp Service, Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Water Available
Garage/Parking
Detached Garage, Parking Lot, Garage - Side Entry, Private Parking, Detached Garage Spaces #: 2;
Interior
Full Basement
Exterior
Crawl Space Foundation, Shingle Roof, Frame Exterior, Vinyl Siding, Breezeway, Deck(s), Patio(s), Porch(es), Fire Escape
Lot
Creek/Stream, Creek/Stream View, Paved Road, Stone Road
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-540-4004
Listing Courtesy of: Coldwell Banker Realty , (717) 735-8400, cpalancasteradmins@coldwellbankermoves.com
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Listing data as of 3/14/2025.
