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NookLocal
For Sale

Listing description

6-Unit Multi-Family | Turnkey Investment Opportunity Don't miss this fully occupied, income-producing multi-family property in the heart of Columbia, PA. This impressive three-story building offers 3,892 square feet of total living space across six individually self-contained units, each with its own kitchen and bathroom - making it a true turnkey addition to any investor's portfolio. With all six units currently rented, you're stepping into immediate cash flow from day one. The property also features 3 to 4 off-street parking spaces in the rear, a sought-after amenity that adds convenience and value for tenants. A charming courtyard on the left rear of the property adds outdoor space and curb appeal that tenants love. Whether you're a seasoned investor looking to expand or someone ready to make a serious move into multi-family real estate, 140 N Third St checks every box. Boasting table occupancy, solid square footage, and a layout built for long-term returns. Shown by appointment only. Current rental rates available upon request.

Facts & features

Interior

Bedrooms
6
Bathrooms
6 full
Living area
3,892 sq ft
Heating
Forced Air, Heat Pump(s), Baseboard - Electric
Cooling
None

Property & construction

Property type
Residential · Other
Architectural style
Other
Year built
1890

Lot & parking

Lot size
0.14 acres (6,098 sq ft)

Financial

Price / sq ft
$161
HOA dues
None

Listing details

MLS #
PALA2093596
County
Lancaster County
School district
Columbia Borough
Days on NookLocal
11 days

Interior features

Appliances
Dishwasher, Refrigerator
Interior features
Ceiling Fan(s)
Basement
Partial
Levels
3
Accessibility
None
Security
Carbon Monoxide Detector(s), Smoke Detector

Exterior & construction

Construction
Brick, Masonry
Exterior features
Satellite Dish
Patio & porch
Deck(s)

Systems & utilities

Heating fuel
Electric, Natural Gas
Cooling fuel
None
Hot water
Natural Gas
Water source
Public
Sewer
Public Sewer

Parking

Parking
Off Street, On Street
Total spaces
4

Community

Subdivision
COLUMBIA BOROUGH

Lot & zoning

Lot dimensions
0.00 x 0.00
Zoning
118 APT: 6 FAM DWLG

Included in the sale

Possession
Settlement

Price history

DateEventPrice
Aug 11, 2026Listed for sale$625,000

Price changes are tracked from when NookLocal first indexed this listing; earlier history may not appear. Tax & assessment details are in the section below.

The NookLocal estimate

$579,000

Below the asking price by 7%.

Automated estimate, not an appraisal.

Estimated taxes

Estimated at current rates

$10,504 / year

$875 per month

MLS shows (2026)

$10,396

+1.0% at current rates

School tax

COLUMBIA BOROUGH · 25.66 mills (2025-26)

$6,936

County tax

Lancaster County · 3.20 mills (2026)

$865

Municipal tax

As recorded for 2026, varies by municipality

$2,703

Recomputed from the county assessment ($270,300, 2018 base year) × current millage. School millage is from the latest year certified by the Pennsylvania Department of Education (2025-26); districts adopt the next year's budgets each June, and we update when the state certifies the statewide file in the fall. Portals typically reprint the recorded 2026 bill. Pennsylvania does not reassess on sale. Estimate only. Verify with Lancaster County before relying on it. Learn more: PA property tax calculator · Common Level Ratio by county.

Estimated monthly payment calculator

$125,000 (20%)
6.43%

Loan term

Estimated monthly payment

$4,195/mo

Principal & interest
$3,137
Property taxes (current rates)
$875
Home insurance (est.)
$182

Taxes use NookLocal's estimate at current millage rates, not the stale figure on the MLS. The default rate is the average 30-year rate as of July 2026; insurance is estimated at 0.35% of the price per year. Below 20% down, lenders usually add mortgage insurance, which this estimate doesn't include. Estimate only; verify before relying on it.

Area statistics

School district

Columbia Borough

Academic index
30.4/100
Graduation rate
79.1%
PSSA ELA proficient
22.5%
PSSA Math proficient
14.5%

2025 PA state assessments (PSSA / Keystone) and graduation data. The index measures student outcomes, not school effectiveness, and is not adjusted for demographics. Districts serve all residents; verify enrollment boundaries with the district.

Safety data

Lancaster County crime & safety numbers →

County figures from FBI and Pennsylvania source data.

Property taxes

Lancaster County taxes, explained →

Millage, the Common Level Ratio, and what changes after you buy.

© BRIGHT, All Rights Reserved

Information Deemed Reliable But Not Guaranteed

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 United Real Estate Strive 212 participates, and is provided by BRIGHT through a licensing agreement.

IDX listings are displayed pursuant to broker of record United Real Estate Strive 212, Frank Ramos, Broker/Owner, PA Broker License RM424345, 1220 Broadcasting Rd, Suite 201, Wyomissing, PA 19610, (610) 372-0212.

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.

Data last updated: August 22, 2026 at 2:11 PM EDT

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