30 N 2nd St, Columbia, PA 17512

$399,000
2,943
SqFt

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List Price
$399,000
Days on Market
0
Status
COMING SOON
MLS#
PALA2095132
Living Area
2,943
Lot Size (Acres)
0.07
Style
Traditional
Year Built
1830
County
Lancaster
School District
Columbia Borough

Property Description

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!

Additional Information

Area
Columbia Boro (10511)
Subdivision
Columbia Borough
Taxes
$6020
Stories
3
School District
Columbia Borough
Elementary School
Park
Middle School
Columbia Junior-Senior - Hill Campus
High School
Columbia Junior-Senior - Hill Campus
Flooring
Hardwood, Vinyl
Exterior Features
Sidewalks
View
City, Water
Heating
Baseboard - Electric
Heating Fuel
Electric
Cooling
Window Unit(s)
Roof
Composite, Rubber
Utilities
Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Water
Public
Sewer
Public Sewer
Basement
Yes

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Astoria Realty Advisors LLC. Contact: 7174256264