Over-Under Brick
164 Hamilton Avenue Waynesboro, PA 17268
For Sale
$234,900
Pending
Over-under brick duplex with two units, each offering in-unit laundry and updated interior finishes.
Property Size1,804 SF
Days on Market133
Property Features for 164 Hamilton Avenue
General Information
- Standard status
- Pending
- Size
- 1,804 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1900
Listing Agency:
Kandor Real Estate
(717) 372-7433
Listed By:
Katie A Cox · License #RS293070
(717) 372-7433
Source:
Compass
Added: Mar 13
Changed: Jul 22
Last Checked: Jul 23 at 7:36AM
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 Kandor Real Estate
Investment Insights
Based on property information with market context.
This over-under brick duplex offers two separate residences with in-unit laundry. The first-floor unit is a one-bedroom apartment featuring an updated bathroom and updated flooring. The second-floor unit provides two bedrooms and additional storage space in the attic.
Updates were completed by the current owner in 2021 and 2025, supporting a move-in ready condition for a new owner-occupant or tenant.
Each unit is configured as a self-contained rental home, providing practical separation of living space while maintaining the duplex-style layout.
Updates were completed by the current owner in 2021 and 2025, supporting a move-in ready condition for a new owner-occupant or tenant.
Each unit is configured as a self-contained rental home, providing practical separation of living space while maintaining the duplex-style layout.
Key Highlights
- Over‑under brick duplex built in 1900 with two residential units
- Both units feature in‑unit laundry
- First‑floor 1‑bedroom unit with updated bathroom and updated flooring
Financial Insights For Multifamily LT 5
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 | $27.7k | $15.36 |
| − Vacancy | −$2.1k | −$1.15 |
| EGI | $25.6k | $14.21 |
| − OpEx | −$7.7k | −$4.26 |
| NOI | $17.9k | $9.95 |
1,804 SF · lease $15.36/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$256.3K
$224.3K – $299.0K
NOI $17,942 @ 7.0% cap · market cap 7.64%
Second Best
Apartment 5plus
$231.4K
$202.5K – $270.0K
NOI $16,201 @ 7.0% cap · market cap 6.90%
Theoretical Best
Office A
$437.4K
$382.7K – $510.3K
NOI $30,619 @ 7.0% cap · market cap 13.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Over-under brick duplex with two units, each offering in-unit laundry and updated interior finishes.
Where is this duplex located?
The property is located at 164 Hamilton Avenue Waynesboro, PA.
What is the asking price?
The asking price for this property is $234,900.
What are key features of this property?
This property features: Over‑under brick duplex built in 1900 with two residential units; Both units feature in‑unit laundry; First‑floor 1‑bedroom unit with updated bathroom and updated flooring
