Renovated Three-Unit
For Sale
$999,717
299 Level Road, Hummelstown, PA 17036
Cape Cod-style residence with versatile lower-level space, attached parking, and outdoor amenities in Lower Dauphin School District.
Property Size4,121 SF
Price / SF$242.59
Days on Market48
Property Features for 299 Level Road
General Information
Standard status
Active
Size
4,121 SF
Property subtype
Multi-Family
Building Details
Year Built
1959
Listing Agency:
J. H. Troup, REALTOR
Listed By:
Amy Horst · License #3319740
(717) 713-0069
Source:
Yorkhomes
Added: Sep 12
Changed: Oct 26
Last Checked: Oct 28 at 5:35AM
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 J. H. Troup, REALTOR
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Investment Insights
Based on property information with market context.
Built in 1959, this Cape Cod-style residence is arranged as three separate rental units and underwent a major renovation during 2025-2026. The partially finished basement adds flexible space, with both walkout access and entry from the garage. An attached side-entry garage accommodates up to three vehicles.
Outdoor features include a gazebo and three remodeled sheds, providing gathering space and additional storage. Unit 3 is currently furnished for mid-term rental use and is expected to be vacant at closing. The property is located within the Lower Dauphin School District.
Outdoor features include a gazebo and three remodeled sheds, providing gathering space and additional storage. Unit 3 is currently furnished for mid-term rental use and is expected to be vacant at closing. The property is located within the Lower Dauphin School District.
Key Highlights
- Three separate rental units in a renovated Cape Cod‑style residence
- Major renovation completed during 2025‑2026
- Partially finished basement with walkout access and garage entry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,783
Cap Rate
3.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$735,660
$735.7K
Cap Rate 7%
$525,471
$525.5K
Cap Rate 9%
$408,700
$408.7K
Market Conditions
NOI Build-Up for 4,121 SF
Gross rent
$56.9K $13.80/SF
− Vacancy
−$4.3K −$1.05/SF
EGI
$52.5K $12.75/SF
− OpEx
−$15.8K −$3.83/SF
NOI
$36.8K $8.93/SF
Area
Dauphin County, PA
Vacancy
7.60%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$735,660
Cap Rate 7%
$525,471
Cap Rate 9%
$408,700
Alternative Uses
Best Use
Multifamily LT 5
$525.5K
$459.8K – $613.1K
NOI $36,783 @ 7.0% cap · market cap 3.68%
Second Best
Apartment 5plus
$468.3K
$409.8K – $546.3K
NOI $32,780 @ 7.0% cap · market cap 3.28%
Theoretical Best
Specialty Retail
$7.59M
$6.64M – $8.86M
NOI $531,300 @ 7.0% cap · market cap 53.15%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
10
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Demographics for 17036, PA
24,146
Population
9,812
Households
2.5
Avg Household Size
41
Median Age
60%
College-Educated
97%
High-School Grad
28.1 sq mi
ZIP Area
859
Density / Sq Mi
$105,043
Median Household Income
$60,004
Median Earnings
$1,362
Median Rent
$316,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Cape Cod-style residence with versatile lower-level space, attached parking, and outdoor amenities in Lower Dauphin School District.
Where is this triplex located?
The property is located at 299 Level Road Hummelstown, PA.
What is the asking price?
The asking price for this property is $999,717.
What are key features of this property?
This property features: Three separate rental units in a renovated Cape Cod‑style residence; Major renovation completed during 2025‑2026; Partially finished basement with walkout access and garage entry
