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313-315 E Cottage Avenue, Millersville, PA 17551

$449,900
SQUARE FEET 1,488
MLS# PALA2090552
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STATUS: ACTIVE
PROPERTY TYPE: Multi Unit - Multiple
SUBDIVISION: MILLERSVILLE
SCHOOL: PENN 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 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.

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.wvheritagerealestate.com today.

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: 2
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

Shown By

Agency Title: Heritage Real Estate Co.
Agency Phone: (304) 612-3746

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Estimated Payment

$ 1,692.59 per month $1,001.28 Principal & Interest $560.08 Property Tax $131.22 Homeowner's Insurance

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Bill Porter, Broker (304) 612-3746
207 Aurora Dr
Morgantown, WV 26508

WEST VIRGINIA LICENSES BROKER WVB240300963
AGENCY 010271-00

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Office License No. 010271-00

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