Back to Search
525 Franklin St
For Sale $869,900 ($647.25 per Sq Ft)
$869,900 ($647.25 per Sq Ft)
- 4 Units
- 1,344 Sq Ft
- 40,075 Sq Ft
- Unknown Cap Rate
Description
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.
Loading map...
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $869,900 |
| Property Type | Other |
| Usable Sqft | 1,344 |
| Number of Stories | 0 stories |
| Parking Spots | 2 spots |
| Year Built | 1950 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 1103047200000 |
| MLS # | PALA2061836 |
| Property ID | 321110312 |
| Lot Sqft | 40,075 |
| Zoning | MDR |
| Total Units | 4 |
| Days on Market | 32 |
| Original List Price | Unknown |
| Date Updated | December 18, 2024 |
| Date Created | December 10, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Christy R Griffin an agent of . Lic #Rs360780
© 2025 Copyright BRIGHT, All Rights Reserved
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.
This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.
Information Deemed Reliable But Not Guaranteed
Data last updated: January 11, 2025.
Robert Crawford
REAL ESTATE AGENT