Property
Columbia, PA 17512 469 Locust Street
$325,000
1 more
Presented By: Keller Williams Elite
Beds • 3
Beds • 3Home Details
Excellent investment opportunity in the heart of Columbia! This mixed-use 4-unit property features a first-floor commercial space along with three 1-bedroom apartments on the second level, offering multiple income streams and strong cash-flow. The combination of residential and commercial space creates flexibility for investors looking to expand their portfolio or business owners seeking an owner-occupant opportunity with additional rental income. Conveniently located near shops, restaurants, and major commuter routes, this property benefits from strong visibility and easy accessibility. The neighboring mixed-use building is also available for purchase (465 Locust Street), presenting a rare opportunity to acquire adjoining investment properties and maximize long-term upside potential. Whether you are looking to add value through rental increases, renovations, or portfolio expansion, this property offers endless possibilities in a growing Columbia market.
Presented By: Keller Williams Elite
Interior Features for 469 Locust Street
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceEstimated
Central Air Y/NNo
Heating FuelElectric, Natural Gas
Heating Y/NYes
Hot WaterElectric
General for 469 Locust Street
Acceptable FinancingCash, Conventional
AccessibilityNone
Architectural StyleOther
Association Recreation FeeN
CityCOLUMBIA
Construction MaterialsBrick, Vinyl Siding
Cool FuelNone
CoolingNone
CountyLANCASTER
DirectionsFollow US-30 W to Prospect Rd in West Hempfield Township. Take the Prospect Road exit from US-30 W. Merge onto US-30 W. Take the Prospect Road exit. Follow PA-462 W to Locust St in Columbia. Sharp le
ExclusionsAll Tenant Owned Property, AC Window Units
Garage Y/NNo
HeatingHot Water, Baseboard - Electric
Home Warranty Y/NNo
Lease TypeMonth to Month
Living Area3624
Lot Size Square Feet3485.00
Lot Size UnitsSquare Feet
MLS AreaColumbia Boro (10511)
MunicipalityCOLUMBIA BORO
Net Operating Income22672.00
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
One Bedroom Units Count3
Operating Expense11348.00
Other StructuresAbove Grade
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG89.68
Property SubtypeOther
Property TypeMulti-Family
School DistrictCOLUMBIA BOROUGH
SewerPublic Sewer
Single Room Units Count1
Standard StatusActive
StatusACTIVE
Structure TypeOther
Tax Annual Amount6191.0
Tax Assessed Value159300.0
Tax Year2026
Total Actual Rent34020.00
Total SQFT3624
Two Bedroom0
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1900
Year Built SourceEstimated
ZoningCOMMERCIAL - MULTI USE
Exterior for 469 Locust Street
InclusionsAll Stoves & Refrigerators in Residential Apartments
Land Assessed Value42800.00
Land Use Code573
Lot Size Acres0.08
Lot Size SourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
N/A
Middle School
N/A
High School
Columbia Junior-Senior - Hill Campus
Charles Torres
Owner