3754 Baltimore Pike
- Stabilized, high-cash flow income
- Great return with 9%+ cap rate
- Recently Renovated units
- Low operating costs
- Growing Gettysburg suburb location
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.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $780,000 |
| No. of Units: | 5 |
| Lot Size: | 1.04 Acres |
| Opportunity Zone: | No |
| Price per unit: | $156,000 |
| Property Website | Click Here |
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