525 Franklin Street
Description
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...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.
- Listed by Christy R Griffin • Coldwell Banker RealtyP: (717)-344-3033 hi.christy.griffin@pm.me
Property Details for 525 Franklin Street
Property Details for 525 Franklin Street
| Status | Active |
|---|---|
| MLS # | PALA2061836 |
| Days on Market | 11 |
| Taxes | $7,279 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1950 |
| Lot Size | 0.92 AC / 40,075 SF |
| County | Lancaster County |
Building Information for 525 Franklin Street
Property Information for 525 Franklin Street
- School District Name: COLUMBIA BOROUGH
- School District County ID: 300200397373
- SchoolDistrictSource: Listing Agent
- High School: COLUMBIA (LANCASTER PA)
- County: LANCASTER
- MLS Area: Columbia Boro (10511)
- Water View: Yes
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Tax Year: 2022
- Tax Assessed Value: $194,800
- Zoning: MDR
- Automatically Update Tax Values Y/N: No
- Single Room Units Count: 4
- One Bedroom Units Count: 0
- Two Bedroom Units Count: 1
- Three Bedroom Units Count: 3
- Building Units Total: 4
- Total Finished SQFT: 1,344.00
- Total Finished SQFT Source: Estimated
- Total SQFT: 1,344.00
- Total SQFT Source: Estimated
- Construction Materials: Frame, Vinyl Siding
- Roof: Shingle
- Basement Type: Full
- Foundation Details: Crawl Space
- Lot Size Source: Estimated
- Lot Size Dimensions: 0.00 x 0.00
- Lot Dimensions Source: Estimated
- Road Surface Type: Paved, Stone
- Location Type: Creek/Stream
- Type Of Parking: Parking Lot, Detached Garage
- Num of Detached Garage Spaces: 2
- Total Garage Spaces: 2
- Parking Features: Private, Crushed Stone
- Garage Features: Garage - Side Entry
- Accessibility Features: None
- Exterior Features: Fire Escape
- Outdoor Living Structures: Breezeway, Deck(s), Porch(es), Patio(s)
- Pool: No Pool
- Other Structures: Above Grade, Below Grade
- Utilities: Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Water Available, Sewer Available
- Heating: Yes
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Radiator, Baseboard - Electric, 90% Forced Air
- Heating Fuel: Electric, Natural Gas
- Hot Water: Natural Gas, Electric
- Water Source: Public
- Sewer Septic: Public Sewer
- Electric Service: 100 Amp Service
- List Agent AOR: Lancaster County Association of REALTORS
Property History for 525 Franklin Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 525 Franklin Street
Schools near 525 Franklin Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | 5 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 4 | |||
| Public - | 5 to 6 |
Rating | School | Distance |
|---|---|---|
Columbia Middle School Public5 to 8 | ||
Columbia Junior-Senior High School Public9 to 12 | ||
Park El School PublicK to 4 | ||
COLUMBIA MS TAYLOR CAMPUS Public5 to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Coldwell Banker Realty
Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.