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Duplex Income Property

144 East Middle Street Gettysburg, PA 17325

144 East Middle Street, Gettysburg, PA, 17325
$250,000
For Sale
$250,000

Two-unit duplex with porches, two bedrooms per side, and walk-up attic storage in Gettysburg.

Property Size1,992 SF
Price / SF$125.50
Days on Market9

Property Features for 144 East Middle Street

General Information

Standard status
Active
Size
1,992 SF
Property subtype
Multi-Family / Fee Simple

Building Details

Year Built
1900
Listing agency Jeff A. Shaffer Real Estate, Inc.
Listed by Megan E Cellucci · License #RS327058
Source Compass
Added: Jul 14 Updated: Jul 21 at 6:32AM Checked: Jul 21 at 6:32AM

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 Jeff A. Shaffer Real Estate, Inc.


Investment Insights

Based on property information with market context.

This duplex offers two mirrored residential units, each featuring a front porch, living room, dining room, kitchen, and a back porch on the first floor. Both units have two bedrooms and one full bathroom on the second floor, along with walk-up attic access for storage.

Additional features include a typical older basement with a low ceiling and vapor barrier. The seller owns appliances in each unit, including an oven/range, laundry, and refrigerator, while tenants own window A/C units.

Since the seller’s ownership, the front porch has been replaced, and the roof and hot water heaters have been replaced. Interior photos were taken prior to tenants moving in; see disclosures for additional details.

Key Highlights

  • Two‑unit duplex in Gettysburg (Adams County), MLS area Gettysburg Boro (14316)
  • Each side features a front porch, living room, dining room, kitchen, and a back porch
  • Two bedrooms and 1 full bath on the second floor on each side

Local 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 $13.9k $6.96
− Vacancy −$738 −$0.37
EGI $13.1k $6.59
− OpEx −$3.9k −$1.98
NOI $9.2k $4.61
1,992 SF · lease $6.96/SF/yr · vacancy 5.32% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$131.3K
$114.9K – $153.2K (±1% cap)
NOI $9,189 @ 7.0% cap · market cap 3.68%
Second Best
Apartment 5plus
$120.6K
$105.5K – $140.7K (±1% cap)
NOI $8,439 @ 7.0% cap · market cap 3.38%
Theoretical Best
Specialty Retail
$366.9K
$321.0K – $428.0K (±1% cap)
NOI $25,682 @ 7.0% cap · market cap 10.27%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store Auto Parts Store Pet Grooming Service Tech Support Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Tanning Salon Carpet & Flooring Store Storage Facility Pet Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-unit duplex with porches, two bedrooms per side, and walk-up attic storage in Gettysburg.
Where is this duplex located?
The property is located at 144 East Middle Street Gettysburg, PA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two‑unit duplex in Gettysburg (Adams County), MLS area Gettysburg Boro (14316); Each side features a front porch, living room, dining room, kitchen, and a back porch; Two bedrooms and 1 full bath on the second floor on each side
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