3754 Baltimore Pike
For sale3754 Baltimore Pike, Littlestown, PA 17340
Property Type
Multifamily
Price
$780,000
Units
6
Unit Mix
4x
2br
1x
2br
1x
5br
Price per Unit
$130,000
Price per SF
$130.00
Garage Spaces
5
Building Size
6,000 SF
Number of Buildings
2
Property description
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.
Property highlights
- Stabilized, high-cash flow income
- Great return with 9%+ cap rate
- Recently Renovated units
- Low operating costs
- Growing Gettysburg suburb location