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Updated Three-Unit Triplex
For Sale
$399,900

106 E KING STREET, Littlestown, PA 17340

Three apartments offer varied layouts, refreshed finishes, and an owner-occupant configuration with rental units.

Property Size2,687 SF
Price / SF$148.83
Days on Market49

Property Features for 106 E KING STREET

General Information

Standard status Active
Size 2,687 SF
Property subtype Triplex

Units

Unit Mix 1 x 2BR, 1 x 1BR, 1 x 3BR
Multifamily Units 3

Building Details

Year Built 1900
Listing Agency: Keller Williams Keystone Realty
Listed By: Ernestina Paola Glace · License #RS345267
Source: Cummingsrealtors
Added: Sep 12 Changed: Oct 29 Last Checked: Oct 28 at 8:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Keystone Realty

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Investment Insights

Based on property information with market context.

This three-unit residential property includes a two-bedroom apartment, a one-bedroom apartment, and a three-bedroom apartment. Interior features vary by unit and include hardwood flooring, luxury vinyl plank, custom hardwood work, and updated kitchens and baths. The first apartment also includes a fireplace, while the third has new cabinetry and countertops plus a tiled shower. The second apartment features a refreshed bathroom with a modern vanity and new toilet.

Built in 1900, the property is located at 106 E King Street in Littlestown, Pennsylvania. The surrounding area includes shops, dining, and parks, with access to major commuter routes. The three-apartment configuration supports both investment ownership and an owner-occupant arrangement, subject to applicable requirements.

Key Highlights

  • Three‑unit property with two‑bedroom, one‑bedroom, and three‑bedroom apartments
  • Unit 1 includes hardwood flooring, custom woodwork, and a fireplace
  • Unit 2 has LVP and original hardwood floors plus an updated bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,395
Cap Rate
3.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$247,900 $247.9K
Cap Rate 7%
$177,071 $177.1K
Cap Rate 9%
$137,722 $137.7K
Market Conditions
NOI Build-Up for 2,687 SF
Gross rent
$18.7K $6.96/SF
− Vacancy
−$995 −$0.37/SF
EGI
$17.7K $6.59/SF
− OpEx
−$5.3K −$1.98/SF
NOI
$12.4K $4.61/SF
Area
Adams County, PA
Vacancy
5.32%
Lease Rate
$6.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$247,900
Cap Rate 7%
$177,071
Cap Rate 9%
$137,722

Alternative Uses

Best Use
Multifamily LT 5
$177.1K
$154.9K – $206.6K (±1% cap)
NOI $12,395 @ 7.0% cap · market cap 3.10%
Second Best
Apartment 5plus
$162.6K
$142.3K – $189.7K (±1% cap)
NOI $11,384 @ 7.0% cap · market cap 2.85%
Theoretical Best
Specialty Retail
$494.9K
$433.0K – $577.4K (±1% cap)
NOI $34,642 @ 7.0% cap · market cap 8.66%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

330
Businesses Nearby

Demographics for 17340, PA

11,238
Population
4,489
Households
2.5
Avg Household Size
45
Median Age
19%
College-Educated
92%
High-School Grad
39.4 sq mi
ZIP Area
285
Density / Sq Mi
$84,858
Median Household Income
$43,271
Median Earnings
$1,179
Median Rent
$276,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three apartments offer varied layouts, refreshed finishes, and an owner-occupant configuration with rental units.
Where is this triplex located?
The property is located at 106 E KING STREET Littlestown, PA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Three‑unit property with two‑bedroom, one‑bedroom, and three‑bedroom apartments; Unit 1 includes hardwood flooring, custom woodwork, and a fireplace; Unit 2 has LVP and original hardwood floors plus an updated bathroom
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