Columbia Borough Homes under $500,000

Columbia Borough Homes under $500,000

Welcome to Columbia Borough, a charming community nestled in Lancaster County, Pennsylvania, where education meets opportunity! Known for its friendly atmosphere and vibrant local culture, Columbia is an ideal place for families seeking quality living and educational excellence.

The Columbia Borough School District is renowned for its commitment to fostering a nurturing and stimulating learning environment. With a focus on academic achievement, the district offers a range of programs designed to inspire students and prepare them for future success. From dedicated teachers to modern facilities, students here benefit from a well-rounded education that emphasizes both academics and extracurricular activities. Parents can feel confident knowing their children are receiving a top-notch education in a supportive community.

For those considering a move to this picturesque area, Columbia offers an impressive selection of homes priced under $500,000. Whether you’re searching for a cozy bungalow, a spacious family home, or a charming historic property, you’ll find a variety of options that cater to diverse tastes and budgets. The real estate market in Columbia is thriving, making it an attractive choice for first-time homebuyers and families alike.

Imagine settling into a welcoming neighborhood, where parks, local shops, and community events are just a stone's throw away. With its blend of small-town charm and modern amenities, Columbia Borough is not just a place to live; it’s a place to thrive. Come explore your future home in this delightful community, where quality education and affordable living harmoniously coexist.

Newest Columbia Borough Homes under $500,000

30 N 2nd St, Columbia
$399,000
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

Listing courtesy of Astoria Realty Advisors LLC. Contact:

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