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MLS: #PALA2090552, Listed By: Stephanie Frysinger, Berkshire Hathaway HomeServices Homesale Realty, Source:Bright MLS

313-315 E Cottage Avenue

MILLERSVILLE, PA 17551
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Bed --

Bed

Bath 0

Bath

SqFt1,488

Sqft

Acres1.50

Acres(Lot)

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 is complete with a car lift and 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $449,900

AD Id : 85564495

MLS Id : PALA2090552

Lot Size : 1.50 Acres

Living Area Size : 1,488

Year Built : 1948

Garage : 4

County : LANCASTER

Subdivision: Millersville

  • Map Map

Map

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Feature Features

  • Room Information

    Has Basement: Yes Basement: Exterior Entry, Full, Sump Pump, Unfinished, Interior Entry
  • Flooring Information

    Wood, Ceramic Tile, Hardwood, Vinyl
  • Roofing Information

    Composition, Shingle
  • Interior Features

    Ceiling Fan(s) Roof: Composition, Shingle Appliances: Electric Range, Electric Oven, Electric Water Heater, Gas Water Heater, Dishwasher, Dryer, Refrigerator, Washer
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Oil, Forced Air, Hot Water, Radiant Has Cooling: Yes Cooling: Ceiling Fan(s), Window Unit(s), Electric

  • Building Information

    Year Built: 1948 Building Area Total: 1488 Construction Materials: Vinyl Siding Patio And Porch Features: Deck, Enclosed, Patio, Porch Pool Features: None Private Pool: No Water front Features: Stream

  • Lot Information

    Lot Size Acres: 1.5 Lot Size Source: Assessor Lot Size Square Feet: 65340

    Property Information

    Subdivision: MILLERSVILLE Source Property Type: Residential Income Postal Code Plus 4: 1521 Property SubType: Duplex Property Age: 78

  • Listing Price Information

    Listing Price: $449900

  • Tax Information

    Parcel Number: 440-44442-0-0000 Tax Year: 2026 Annual Tax: $6721

  • Parking Information

    Parking Total: 4 Oversized, Garage Door Opener, Asphalt, Off Street, Garage, Driveway, Detached

    Garage Information

    Has Garage: Yes Garage Space: 4

  • Utility Information

    Cable Available, Natural Gas Available, Sewer Available, Water Available, Electricity Available
  • Location Information

    Direction: From Route 30, take 741 S, Right onto Barbara St., Barbara St. becomes E. Cottage. Property on Right. WaterSource: Well
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
31-33 Manor Avenue, Millersville, PA, 17551 $310,000 5 -- 2,786 2,786 SqFt

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ByOwner last updated this listing 06/24/2026 @ 07:38

MLS: PALA2090552 LISTED BY: Stephanie Frysinger, Berkshire Hathaway HomeServices Homesale Realty 717-393-0100 SOURCE: Bright MLS

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