Property
Beds
6
Full Baths
None
1/2 Baths
None
Year Built
1830
Sq.Footage
2,943
Here's your chance to own a turn-key, income-producing triplex in one of Lancaster County's fastest-growing riverfront towns. Situated in downtown Columbia adjacent to the brand-new Hampton Inn — the first hotel of its kind in the borough — this property puts you steps from the Susquehanna River, the Northwest River Trail, and the shops and restaurants fueling the area's revitalization. This semi-detached triplex was substantially renovated in 2021, and features 2,943 finished square feet across three well-maintained apartments. Unit A is a cozy 1-bedroom, 1-bath (approx. 500 sq ft); Unit B is a spacious 3-bedroom, 1-bath (approx. 1,200 sq ft), currently vacant and move-in ready; and Unit C is a 2-bedroom, 1.5-bath layout (approx. 1,243 sq ft). Each unit enjoys its own laundry hookup and a dedicated parking space, part of three total off-street, paved, and lighted parking spots shared with the adjacent hotel lot. For investors, the numbers work from day one: annual rental income of roughly $44,289, net operating income of about $29,861, and a 7.5% cap rate at the $399,000 list price. For an owner-occupant, the vacant unit means you can move in immediately and let your two tenants help cover the mortgage, all while building equity in a rapidly appreciating downtown corridor. Whether you're growing a rental portfolio or looking to live well while your tenants help pay your way, this is a rare opportunity to plant a flag in downtown Columbia's growth story. Don't miss the opportunity!
Features & Amenities
Interior
-
Total Bedrooms
6
-
Bathrooms
N/A
-
Above Grade Finished Area
2943.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Window Unit(s), Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric, Baseboard
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Frame, Metal Siding
-
Other Exterior Features
Balcony
-
Parking
Asphalt, Off Street, Private, Lighted, Paved, Parking Lot
-
Patio and Porch Features
Patio
-
Pool
No
-
Waterfront YN
NO
-
View
Water, City
Area & Lot
-
Lot Size(acres)
0.07
-
Lot Size(square feet)
3,049
-
Property Type
Residential Income
-
Property Sub Type
Triplex
-
Architectural Style
Traditional
Price
-
Sales Price
$399,000
-
Tax Amount
$6,020
-
Financing Options
Cash, Conventional, FHA, VA
-
Sq. Footage
2,943
-
Price/SqFt
$135
HOA
-
Association
No
School District
-
Elementary School
PARK
-
Middle School
COLUMBIA JUNIOR-SENIOR - HILL CAMPUS
-
High School
COLUMBIA JUNIOR-SENIOR - HILL CAMPUS
Property Features
-
Stories
3
-
New Construction
NO
-
Foundation Details
Stone
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
LANCASTER
Elementary School
PARK
Middle School
COLUMBIA JUNIOR-SENIOR - HILL CAMPUS
High School
COLUMBIA JUNIOR-SENIOR - HILL CAMPUS
Listing Courtesy of Benuel Esh, Astoria Realty Advisors LLC
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Owner, Chief Executive Officer, Portfolio Advisor
Nick Polinchock
Call Nick today to schedule a private showing.
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