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Property view

313-315 E Cottage Ave, 
Millersville, PA 17551

$415,000


—

Bed


—

Bath


1,488

Sq Ft


Multi-Family

Sold

Listed by

Stephanie Frysinger

Bought with Keller Williams Keystone Realty

Berkshire Hathaway HomeServices Homesale Realty, 8003833535, leadcenter@homesale.com

MLS#

PALA2090552

Source:

BRIGHTMLS

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About This Home

313-315 E Cottage Ave

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.

Home Facts

Multi-Family

Built in 1948

Subdivision & Development:

MILLERSVILLE

Price Summary

449,900

$302 per Sq. Ft.

MLS #:

PALA2090552

Sold:

August 31, 2026


Structure

Structure

Architectural Style:

Bungalow

Building Area:

1,488 Sq. Ft.

Year Built:

1948


Lot

Lot Size (Sq. Ft):

65,340


Finances & Disclosures

Finances

Price:

$449,900

Price per Sq. Ft:

$302 per Sq. Ft.

Source:BRIGHTMLS
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