18 N WASHINGTON Street, Gettysburg, PA 17325
MULTI_FAMILY - Other - GETTYSBURG, PA
- Added:
- Jun 30, 2025
- Days on Market:
- 353
- Last Refresh:
- Jun 17 at 4:06 am
Property Features for 18 N WASHINGTON Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- Size
- 2,497 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3571
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1900
- Number of units
- 3
- Building materials
- Brick
- Architectural style
- Other
Listing agent Grace E. Cloutier License #RSR004788 (443) 381-2585
Listing office Berkshire Hathaway HomeServices Homesale Realty 1030 Baltimore Boulevard unit: 150, Lancaster, PA (410) 876-3500
Listing date Jun 30, 2025
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 3‑unit mixed‑use building: 2 residential units plus 1 commercial hair salon in the front of the building
- Current monthly rents include: hair salon at $535.61, 1BR/1BA at $899, and 2BR/1BA at $1,195
- Brick construction with forced‑air heating; year built 1900
- Tenants of the residential units (and commercial) are responsible for water/sewer, trash, electric, and gas
- Building does not own its own parking lot; tenants/customers currently park parallel or in/near the Gettysburg Town Square
Overview
The building is positioned in Downtown Gettysburg, located between the Town Square and Gettysburg College. There is no lawn maintenance associated with the property. Parking is not owned by the building; tenants and customers of the commercial unit currently park in parallel on the street or in/near the Gettysburg Town Square.
The configuration supports a mixed-use tenant profile, with a street-facing storefront at the front and residential living above and/or within the same structure. The existing rent roll reflects one commercial unit and two apartments. Tenant responsibility includes water/sewer, trash, electric, and gas, which can simplify operating expense management for a new owner. The property is offered for sale.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.5k | $15.00 |
| − Vacancy | −$1.7k | −$0.68 |
| EGI | $35.8k | $14.33 |
| − OpEx | −$10.7k | −$4.30 |
| NOI | $25.0k | $10.03 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Gettysburg
- County
- Adams
- State
- Pennsylvania
- Longitude
- -77.2335
- Latitude
- 39.83134
