123 College Avenue, Lancaster, PA 17603 - Photo 1

1/1

$260,000

Sold
Closed
Single Family
4 Beds
2 Full Baths
1,547 Sq. Ft.

1/1

Property Description

This property will be offered at Public Auction on Friday, May 30, 2025 @ 6pm. The listing price is the opening bid only and in no way reflects the final sale price. 10% down due at auction, 2% transfer tax to be paid by the purchaser, real estate taxes prorated. Parcel 1 will be sold first, followed by Parcel #2. These two identical duplex investment properties are ideally located near Franklin & Marshall College, with convenient access to downtown Lancaster and major routes including 222, 30, and 283. Each property features two spacious units-one on the first floor and one on the second. The first-floor units include a cozy living room, a kitchen, one bedroom, a full bathroom, and access to a basement. The second-floor units offer a comfortable living room, a kitchen, three bedrooms, and a full bathroom-ideal for tenants needing extra space. Parcel 2 includes the added benefit of off-street parking, while Parcel 1 offers on-street parking only. Whether you're expanding your portfolio or entering the rental market, this is a solid investment opportunity in the heart of Lancaster City

Full Property Details

Full Property Details for 123 College Ave

General

Sold For: $260,000
Taxes: $4,530 (2024)
Status: Closed
Type: Single Family
Source: BrightMLSPhilly
MLS ID: PALA2068628
Added to Site: 269 day(s) ago

Interior

Number of Rooms: 8
Interior Features: 2nd Kitchen, Bathroom - Stall Shower
Appliances: Built-In Microwave, Oven/Range - Gas, Range Hood
Flooring: Carpet, Vinyl

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2
Upper Floor Baths: 1
Upper - Full Baths: 1
Main Floor Baths: 1
Main - Full Baths: 1

Bedrooms

Total Bedrooms: 4
Bedrooms Upper: 3
Bedrooms-Up2: 2
Bedrooms Main & Up: 1

Other Rooms

Laundry: Basement

Exterior

Porch/Patio/Deck: Porch(es)

Parking

Total Spaces: 2
Parking Type: Off Street

Location

Area: Lancaster City (10533)
Municipality: LANCASTER CITY
County: Lancaster
Development Name: Lancaster City Ward 5
Subdivision: Lancaster City Ward 5
Driving Directions: Please use GPS

School Information

School District: School District Of Lancaster

Heating & Cooling

Cooling Type: None
Heating Type: Baseboard - Electric
Heating Fuel: Electric
Water Heater: Electric

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Info: Side-by-Side
Architectural Style: Side-by-Side
Structure Type: Twin/Semi-Detached
Construction: Frame, Vinyl Siding, Brick, Masonry
Basement: Yes
Basement Desc.: Unfinished
Foundation: Brick/Mortar, Stone
Roof: Composite, Shingle
Stories/Levels: 0
Stories Description: Main, Upper 1, Upper 2
Square Feet: 1,547
Sq. Ft. Source: Assessor
Living Area: 1,547 Sq. Ft.
Finished Above Grnd: 1,547 Sq. Ft.
Year Built: 1900
Year Built Source: Assessor
Property Condition: Average

Lot Features

Lot Size (Acres): 0.04
Lot Size (Sq. Ft.): 1,742
Lot Size Source: Assessor
Lot Dimensions: 0.00 x 0.00
Zoning: COMMERCIAL URBAN

Financial Considerations

Price Per Sq. Ft.: $135.75
Assessment Year: 2025
School Tax: $2,750
City/TownTax: $1,447
City/TownTax Freq: Annually
County Tax: $333
County Tax Freq: Annually
Tax w/Assessment: $114,500
Tax Amount: $4,530
Tax Year: 2024
Terms: Auction
Tax Total Finished Sq. Ft.: 1547

Disclosures and Reports

Ownership: Fee Simple

Listed and Sold by Cavalry Realty LLC, Thomas M Stewart

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Listing agent

— 123 College Ave —

Thomas M Stewart

Cavalry Realty LLC

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Schools

Schools serving 123 College Ave

School District:Lancaster School District

Name	Grades	Distance
Smith-Wade-El Elementary School 910 Hamilton Park Drive, Lancaster, PA 17603	PK-5	0.7 mi
Wheatland Middle School 919 Hamilton Park Drive, Lancaster, PA 17603	6-8	0.6 mi
Mccaskey Campus 445 North Reservoir Street, Lancaster, PA 17602	9-12	1.8 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 123 College Ave

Date

Details

Price

Change

Source

7/17/2025

Sold

$260,000

23.81%

MLS

4/23/2025

Listed

$210,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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123 College Avenue, Lancaster, PA 17603 (MLS# PALA2068628) is a Single Family property that was sold at $260,000 on July 17, 2025. Want to learn more about 123 College Avenue? Do you have questions about finding other Single Family real estate for sale in Lancaster? You can browse all Lancaster real estate or contact a Coldwell Banker agent to request more information.

123 College Ave Lancaster, PA 17603