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241 & 243 Locust Street Columbia, PA $ 599,000
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$ 599,000 Get more info
241 & 243 Locust Street
$ 599,000
Back to search
Share Save

241 & 243 Locust Street

Columbia, PA, 17512
$ 599,000
Baths0.0 Sq 4,356

Monthly Estimate*

$ 3,981

241 & 243 Locust Street, Columbia, PA 17512 - Image 1
241 & 243 Locust Street, Columbia, PA 17512 - Image 2
241 & 243 Locust Street, Columbia, PA 17512 - Image 3
Studio

Commercial Property for sale in Columbia, PA

for $599,000. This 4,356 square foot building was built in 1900 on a lot size of 0.1.

Investment opportunity in Columbia, PA. This well maintained building offers 4 residential units, 1 commercial space and 4 parking spaces. 3 Units with 1BR/1BA and 1 Unit with 2BR/1BA. First floor unit in the rear and the commercial space have gas forced air heat and central air. All other units have electric baseboard heat. All separate electric meters. Build equity by having the tenants pay down your mortgage. Take advantage of appreciation in the long term and tax benefits that come with investment properties. Great opportunity.

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Commercial Active

Price

$ 599,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,979

Style

Apartment Building,Religious Facility

Lot Size

0.1

Year Built

1900

Town/City

Columbia

County/Region

Lancaster

MLS | Web ID

PALA2047348
Features
Interior
Heating Fuel Electric Natural Gas
Hot Water Electric
Heating Y/N Y
Street Suffix STREET
Central Air Y/N N
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General
Sewer Public Sewer
Heating Baseboard - Electric Forced Air
Cooling Other
Possession Settlement
Zoning COMMERCIAL
Construction Materials Brick
Year Built 1900
Electric Circuit Breakers
Property SubType Five Or More Units
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality COLUMBIA BORO
Gross Income 61320.00
Business Type Apartment Building Religious Facility
Accessibility None
County LANCASTER
Net Operating Income 45893.00
Insurance Expense 2095.00
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions -
City COLUMBIA
Buyer Agent Compensation 2.5
Total Units 5
MLS Area Columbia Boro (10511)
Lot Size Square Feet 4356.00
Waterfront Y/N N
Street Name LOCUST
Tax Annual Amount 5979.0
Acceptable Financing Conventional
Vacation Rental Y/N N
Days on Market 85
Standard Status Active
Year Built Source Assessor
Total Actual Rent 61320.00
Cap Rate 7.06
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Parking Features Paved Parking
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 0.00
Lot Size Acres 0.10
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 44500.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 241
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* Excluded Features
List By
Cavalry Realty, Llc

Broker

farukrealtor@icloud.com

Email

Affordability Calculator

$4,479
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,981
Monthly Property Taxes
$498
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
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/29/2024$599,000 -3.23% Price Down
3/15/2024$619,000 -4.77% Price Down
2/23/2024$650,000 Listed Price

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241 & 243 Locust Street, Columbia, PA, 17512 is a Commercial Property for sale at $599,000 with 4,356 sqft and a lot size of 0.1. 241 & 243 Locust Street is a studio with 0.0 baths and was built in 1900. The property's zip code is 17512 which is in Columbia, PA

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