525 Franklin St, Columbia, PA 17512

$799,000
: 4
BD
: 1
BA
: 4,000
SqFt

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List Price: $799,000
Days on Market: 4
Status: ACTIVE
MLS#: PALA2094656
Bedrooms: 4
Bathrooms: 1
Full Baths: 1
Living Area: 4,000
Lot Size (Acres): 0.92
Style: Cape Cod
Year Built: 1950
County: Lancaster
School District: Columbia Borough

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Property Description

Rare Multifamily Opportunity! Grandfathered income-producing property featuring six residential addresses, a detached two-car garage, and nearly one acre within Columbia Borough’s MDR zoning district. Delivered completely vacant, the property offers a unique opportunity for a new owner to renovate, customize, and lease the residences on their own timeline. The multiple individual living spaces, generous property size, garage, and separate utility accounts provide flexibility for a variety of ownership and rental strategies. Previously utilized as a commercial residential program under a triple-net lease, the property offers a distinctive combination of established multifamily use and future possibilities. Additional garage income potential and potential future development opportunities may also exist, subject to buyer verification and municipal approvals. Buyers should independently verify zoning, permitted uses, utility availability, development potential, and income projections. Listing agent is also the property owner and is a licensed Pennsylvania real estate agent.

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