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3754 Baltimore Pike 5 Unit Apartment Building $780,000 ($156,000/Unit) Littlestown, PA 17340
Investment Highlights
- Stabilized, high-cash flow income
- Recently Renovated units
- Growing Gettysburg suburb location
- Great return with 9%+ cap rate
- Low operating costs
Executive Summary
Opportunity to acquire a recently updated investment with 5 apartments and a 5 bay garage. Set on 1.04 acres along Baltimore Pike (Route 97), this two-story building spans 6,108 square feet and has been thoughtfully updated for long-term, low-maintenance ownership. All five two- bedroom residences are occupied, delivering immediate, stabilized income to a new owner from day one.
Four of the five units have been fully renovated with modern finishes, including updated vanities, tiled bathroom flooring, and refreshed tub and shower surrounds. Units are individually metered for electric baseboard heat, and each apartment's electric hot water heater is separately metered to the tenant.
The large lot has generous parking for tenants, and has a 5 bay garage which is currently un-rented, but can be leased for additional income. The property is served by a private well and an on-site septic system.
Four of the five units have been fully renovated with modern finishes, including updated vanities, tiled bathroom flooring, and refreshed tub and shower surrounds. Units are individually metered for electric baseboard heat, and each apartment's electric hot water heater is separately metered to the tenant.
The large lot has generous parking for tenants, and has a 5 bay garage which is currently un-rented, but can be leased for additional income. The property is served by a private well and an on-site septic system.
Property Facts
| Price | $780,000 | Building Class | C |
| Price Per Unit | $156,000 | Lot Size | 1.04 AC |
| Sale Type | Investment | Building Size | 6,108 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1900 |
| Apartment Style | Townhome | Parking Ratio | 1.64/1,000 SF |
| Zoning | BPC | ||
| Price | $780,000 |
| Price Per Unit | $156,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 1.04 AC |
| Building Size | 6,108 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1900 |
| Parking Ratio | 1.64/1,000 SF |
| Zoning | BPC |
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Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 30-H16-0033-000 | Improvements Assessment | $231,900 |
| Land Assessment | $78,000 | Total Assessment | $309,900 |
Property Taxes
Parcel Number
30-H16-0033-000
Land Assessment
$78,000
Improvements Assessment
$231,900
Total Assessment
$309,900
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3754 Baltimore Pike