1694 1696 1698 COLUMBIA Avenue, Lancaster, PA 17603
MULTI_FAMILY - Colonial - LANCASTER, PA
- Added:
- Jul 3, 2026
- Days on Market:
- 5
- Last Refresh:
- Jul 7 at 10:06 am
Property Features for 1694 1696 1698 COLUMBIA Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Dining Room, Basement
- Parking
- 3
- Parking features
- Driveway, On Street
- Interior features
- Bathroom - Tub Shower, Bathroom - Walk-In Shower, Built-Ins, Carpet, Ceiling Fan(s), Dining Area, Window Treatments
- Appliances
- Refrigerator, Stove
- Standard status
- Active
- Size
- 3,353 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5357
Utilities
- Heating system
- Hot Water(Heating)
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1920
- Number of units
- 3
- Building materials
- Brick, Masonry
- Architectural style
- Colonial
Listing agent Anne M Lusk License #RS210178L (717) 271-9339
Listing office Lusk & Associates Sotheby's International Realty 100 Foxshire Drive, Lancaster, PA (717) 291-9101
Listing date Jul 3, 2026
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Triplex built in 1920 with Colonial architectural style
- Brick/masonry construction with hot water heating and window unit cooling
- Three separate units with features including built‑ins, dining areas, and window treatments
- Unit bathrooms include tub/shower combo and Jack‑and‑Jill full bath with walk‑in shower
- Corner lot with front and side yard areas and driveway plus on‑street parking
- Includes 3 private off‑street parking spaces and appliances including refrigerator and stove
Overview
The property is situated on a corner lot and includes front and side yard areas. Off-street parking is available with three private spaces for residents.
With three self-contained units and dedicated off-street parking, this building can support a variety of plans, including renting all units or occupying one unit while leasing the others. The current unit layouts provide two-bedroom living options with shared Jack-and-Jill bath configurations on the main level, plus a distinct upper-level layout defined by carpeting and windowed living space.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.3k | $16.20 |
| − Vacancy | −$815 | −$0.24 |
| EGI | $53.5k | $15.96 |
| − OpEx | −$16.1k | −$4.79 |
| NOI | $37.5k | $11.17 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lancaster
- County
- Lancaster
- State
- Pennsylvania
- Longitude
- -76.34953
- Latitude
- 40.03766
