Updated 5-Unit Apartment
3754 Baltimore Pike Littlestown, PA 17340
3754 Baltimore Pike, Littlestown, PA, 17340
$780,000
For Sale
$780,000
Two-story income property with five occupied two-bedroom apartments and a five-bay garage on 1.04 acres.
Property Size6,108 SF
Lot Size1.04 Acres
Price / SF$127.70
Days on Market19
Property Features for 3754 Baltimore Pike
General Information
- Standard status
- Active
- Size
- 6,108 SF
- Lot size
- 1.04 Acres
- Property subtype
- Multifamily
Listing agency
Capstone Commercial
(717) 819-2825
Listed by
Naomi Brown, CCIM · License #RM425406
(717) 819-2825
Source
Capstonecre
Added: Jul 4 Updated: Jul 22 at 10:10AM Checked: Jul 22 at 10:10AM
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 Capstone Commercial
Investment Insights
Based on property information with market context.
This two-story residential income property features five two-bedroom apartments, all currently occupied. The building was recently updated with an emphasis on long-term, low-maintenance ownership, and includes a five-bay garage. The property totals 6,108 square feet.
Set on 1.04 acres along Baltimore Pike (Route 97) in Littlestown, the asset offers an immediate, stabilized income profile with five occupied units.
With the apartments fully leased and the property recently renovated, this investment is positioned for straightforward day-one operations under current occupancy.
Set on 1.04 acres along Baltimore Pike (Route 97) in Littlestown, the asset offers an immediate, stabilized income profile with five occupied units.
With the apartments fully leased and the property recently renovated, this investment is positioned for straightforward day-one operations under current occupancy.
Key Highlights
- Two‑story income property with 5 apartments and a 5‑bay garage on 1.04 acres along Baltimore Pike (Route 97)
- 6,108 SF building with 5 two‑bedroom residences, all occupied and delivering immediate, stabilized income
- Recently updated for long‑term, low‑maintenance ownership with recently renovated units
Local Financial Insights For Apartment 5plus
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 | $49.8k | $8.16 |
| − Vacancy | −$2.8k | −$0.46 |
| EGI | $47.1k | $7.70 |
| − OpEx | −$21.2k | −$3.47 |
| NOI | $25.9k | $4.24 |
6,108 SF · lease $8.16/SF/yr · vacancy 5.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$369.7K
$323.5K – $431.3K
NOI $25,878 @ 7.0% cap · market cap 3.32%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.12M
$984.3K – $1.31M
NOI $78,747 @ 7.0% cap · market cap 10.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Two-story income property with five occupied two-bedroom apartments and a five-bay garage on 1.04 acres.
Where is this apartment building located?
The property is located at 3754 Baltimore Pike Littlestown, PA.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: Two‑story income property with 5 apartments and a 5‑bay garage on 1.04 acres along Baltimore Pike (Route 97); 6,108 SF building with 5 two‑bedroom residences, all occupied and delivering immediate, stabilized income; Recently updated for long‑term, low‑maintenance ownership with recently renovated units
