Furnished Residential Income
For Sale
$259,900
14200 NORTHERN LIGHTS DRIVE Unit 34, Mercersburg, PA 17236
An open living area connects the kitchen, dining space, and living room to a private rear deck.
Property Size1,164 SF
Price / SF$223.28
Days on Market34
Property Features for 14200 NORTHERN LIGHTS DRIVE Unit 34
General Information
Standard status
Active
Size
1,164 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
2BR/2BA
Multifamily Units
1
Additional Details
Furnished
Yes
Taxes and HOA fees
Annual Taxes
$3,079
Amenities
community pool
hot tub
tennis courts
private deck
in-unit washer/dryer
central air conditioning
Building Details
Building Size
1,164 SF
Year Built
2006
Listing Agency:
Whitetail Mountain Real Estate, Inc.
Listed By:
Jennifer J Martin · License #RM424119
(717) 816-9717
Source:
Keseckerrealtyinc
Added: Sep 25
Changed: Oct 26
Last Checked: Oct 26 at 2:55PM
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 Whitetail Mountain Real Estate, Inc.
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Investment Insights
Based on property information with market context.
This furnished, 1,164-square-foot condo has two bedrooms and two full bathrooms. The kitchen, dining area, and living room share an open layout, with large windows and access to a private rear deck. Central air conditioning and an in-unit washer and dryer are included. The property was built in 2006.
The condo is in Northern Lights Village, where the community amenities include a saltwater pool, hot tub, and tennis courts. Whitetail Resort’s ski slopes are a one-minute walk away. The surrounding area also offers hiking, biking, golf, fishing, and other outdoor recreation throughout the year.
The condo is in Northern Lights Village, where the community amenities include a saltwater pool, hot tub, and tennis courts. Whitetail Resort’s ski slopes are a one-minute walk away. The surrounding area also offers hiking, biking, golf, fishing, and other outdoor recreation throughout the year.
Key Highlights
- Furnished condo with 2 bedrooms, 2 full bathrooms, and 1,164 square feet
- Private rear deck accessed from the open living area
- Central air conditioning and in‑unit washer and dryer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,454
Cap Rate
4.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$209,080
$209.1K
Cap Rate 7%
$149,343
$149.3K
Cap Rate 9%
$116,156
$116.2K
Market Conditions
NOI Build-Up for 1,164 SF
Gross rent
$20.4K $17.52/SF
− Vacancy
−$1.4K −$1.19/SF
EGI
$19.0K $16.33/SF
− OpEx
−$8.6K −$7.35/SF
NOI
$10.5K $8.98/SF
Area
Franklin County, PA
Vacancy
6.80%
Lease Rate
$17.52 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$209,080
Cap Rate 7%
$149,343
Cap Rate 9%
$116,156
Alternative Uses
Best Use
Apartment 5plus
$149.3K
$130.7K – $174.2K
NOI $10,454 @ 7.0% cap · market cap 4.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$282.2K
$247.0K – $329.3K
NOI $19,756 @ 7.0% cap · market cap 7.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 17236, PA
8,620
Population
3,741
Households
2.3
Avg Household Size
44
Median Age
21%
College-Educated
89%
High-School Grad
125.7 sq mi
ZIP Area
69
Density / Sq Mi
$81,074
Median Household Income
$42,283
Median Earnings
$986
Median Rent
$250,100
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - An open living area connects the kitchen, dining space, and living room to a private rear deck.
Where is this residential income property located?
The property is located at 14200 NORTHERN LIGHTS DRIVE Unit 34 Mercersburg, PA.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: Furnished condo with 2 bedrooms, 2 full bathrooms, and 1,164 square feet; Private rear deck accessed from the open living area; Central air conditioning and in‑unit washer and dryer
