Residential Income Property with Electric
For Sale
$499,900
Pending
344 Maple St, Columbia, PA 17512
The property has electric baseboard heating, window air conditioning, and an electric water heater.
Property Size3,300 SF
Days on Market114
Property Features for 344 Maple St
General Information
Standard status
Pending
Size
3,300 SF
Property subtype
Residential Income
Zoning
RESIDENTIAL
Taxes and HOA fees
Annual Taxes
$7,018
Amenities
Window Unit(s)
Baseboard, Electric
Electric Water Heater
Off Street, On Street
Contemporary
Building Details
Building Size
3,300 SF
Year Built
1967
Listed By:
Tim Stoltzfus
(717) 723-5493
Source:
Evrealestate
Added: Jun 22
Changed: Oct 11
Last Checked: Oct 12 at 7:21PM
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 Tim Stoltzfus
Investment Insights
Based on property information with market context.
This residential income property was built in 1967 and has a contemporary exterior. Interior systems include electric baseboard heat, window air conditioning, and an electric water heater.
The property is located at 344 Maple St in Columbia, Pennsylvania. Parking options include off-street and on-street spaces.
The property is located at 344 Maple St in Columbia, Pennsylvania. Parking options include off-street and on-street spaces.
Key Highlights
- Built in 1967
- Electric baseboard heating and window air conditioning
- Electric water heater
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,507
Cap Rate
6.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$650,140
$650.1K
Cap Rate 7%
$464,386
$464.4K
Cap Rate 9%
$361,189
$361.2K
Market Conditions
NOI Build-Up for 3,300 SF
Gross rent
$59.4K $18.00/SF
− Vacancy
−$297 −$0.09/SF
EGI
$59.1K $17.91/SF
− OpEx
−$26.6K −$8.06/SF
NOI
$32.5K $9.85/SF
Area
Lancaster County, PA
Vacancy
0.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$650,140
Cap Rate 7%
$464,386
Cap Rate 9%
$361,189
Alternative Uses
Best Use
Apartment 5plus
$464.4K
$406.3K – $541.8K
NOI $32,507 @ 7.0% cap · market cap 6.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.11M
$967.6K – $1.29M
NOI $77,409 @ 7.0% cap · market cap 15.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
685
Businesses Nearby
Explore this area
Business Placement
Demographics for 17512, PA
18,267
Population
8,255
Households
2.2
Avg Household Size
42
Median Age
23%
College-Educated
86%
High-School Grad
16.0 sq mi
ZIP Area
1,142
Density / Sq Mi
$61,130
Median Household Income
$42,702
Median Earnings
$1,067
Median Rent
$221,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The property has electric baseboard heating, window air conditioning, and an electric water heater.
Where is this residential income property located?
The property is located at 344 Maple St Columbia, PA.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Built in 1967; Electric baseboard heating and window air conditioning; Electric water heater
