Columbia Borough Homes under $500,000

Columbia Borough Homes under $500,000

Welcome to Columbia Borough, a charming gem nestled in the heart of Lancaster County, Pennsylvania. With its rich history, vibrant community, and picturesque landscapes, Columbia offers a unique blend of small-town charm and modern convenience. Whether you're a first-time homebuyer or looking to downsize, this delightful borough boasts an array of homes under $500,000, making it an ideal destination for those seeking affordability without compromising on quality.

Columbia Borough is known for its welcoming atmosphere and strong sense of community. Residents enjoy a variety of local amenities, including quaint shops, delightful eateries, and scenic parks, perfect for family outings or leisurely strolls. The borough's strategic location along the Susquehanna River provides stunning views and opportunities for outdoor activities such as fishing, hiking, and biking.

The homes available in Columbia Borough under $500,000 offer a diverse selection to suit various lifestyles. From charming historic homes with unique architectural details to modern townhouses that provide low-maintenance living, there’s something for everyone. Many properties feature spacious yards, perfect for gardening or entertaining, while others come with updated interiors that make moving in a breeze.

With excellent schools, a strong sense of community, and a plethora of recreational options, Columbia Borough is not just a place to live; it's a place to thrive. Discover your dream home in this vibrant borough, where affordability meets charm, and start creating lasting memories today!

Newest Columbia Borough Homes under $500,000

30 N 2nd St, Columbia
$399,000
PALA2095132 MLS
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!

30 N 2nd St, Columbia

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INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED. Listings courtesy of WEST PENN MULTILIST, INC.

Listings courtesy of Pike Wayne Association of Realtors as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.