BEDS0
BATHS
SQUARE FEET1,488
MLS#PALA2090552
STATUSPENDING
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONMILLERSVILLE
SCHOOLPENN MANOR
Property Description
Set on a generous 1.5-acre lot, this rare investment opportunity features two separate 2-bedroom single-family homes plus a professional level garage in the back of the lot that produces an additional income stream. The property offers exceptional flexibility, strong income potential, and long-term upside. Whether you choose to live in one home and rent the other or lease both, this is a true multi-stream income-producing asset in a high-demand rental corridor. Ideally located just minutes from Millersville University, the property benefits from consistently strong rental demand driven by students, university staff, and the surrounding workforce. Significant improvements have been completed throughout both homes and structures, including mechanical systems and basement waterproofing. Unit 313 is currently rented (lease includes detached 2 car garage behind it) and features hardwood floors, an enclosed front porch, rear deck, updated hot water heater and gas furnace, a dry-locked basement with Bilco access, and a detached two-car garage. Unit 315 offers updated interior finishes, hardwood floors, front and rear porch/patio spaces, new Bilco doors providing improved basement access and functionality, and plenty of off street parking. All of the improvements to the property help reduce future capital expense concerns for the buyer. A standout feature of the property is the upgraded income producing garage in the rear of the lot. The new structure offers ample space for automotive work, equipment, or hobby/business use, adding versatility beyond traditional residential income. With two homes, two garages, and multiple income streams, this property offers a rare combination of land, location, and flexibility in a consistently strong rental market with enduring demand.
Property Features
Property Type: Multi Unit - Multiple
Basement: Drain, Full, Interior Access, Outside Entrance, Poured Concrete, Sump Pump, Unfinished, Water Proofing System
Basement: Yes
Cooling: Ceiling Fan(s), Window Unit(s)
Fuel Type: Natural Gas, Oil
Garage: 4
Heating: Forced Air, Hot Water, Radiator
Home Style: Bungalow
Lot Size: 1.50 Acres
Roof Type: Composite, Shingle
Taxes: $6,721
Year Built: 1948
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Appliances: Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Washer
Days on Site: 27
Electric: 200+ Amp Service
Exterior: Vinyl Siding
Flooring: Ceramic Tile, Hardwood, Vinyl
Interior: Ceiling Fan(s), Entry Level Bedroom, Upgraded Countertops, Wood Floors
Lot: Stream/Creek
Lot Dimensions: 1.50 Acre(S)
Municipality: MILLERSVILLE BORO
Parking Notes: Asphalt Driveway
Sewer: Public Sewer
Structure Type: Detached
Total Garage/Parking Spaces: 4
Units: 2
Utilities: Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available
Water: Well
Local Schools
School District: PENN MANOR
Listed By / Shown By
Listed By
Agency Name: Berkshire Hathaway HomeServices Homesale Realty
Agency Phone: 7173930100
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 1,692.59 per month $1,001.28 Principal & Interest $560.08 Property Tax $131.22 Homeowner's InsuranceChange Payment Information
313-315 E Cottage Avenue | MLS# PALA2090552
This multi-family property located at 313-315 E Cottage Avenue, Millersville, PA 17551 is currently listed for sale with an asking price of $449,900. 313-315 E Cottage Avenue is located within the PENN MANOR school district. Search Millersville real estate on www.realtymark.net today.