Residential Income Property with
For Sale
$325,500
41 LUMBER STREET, Littlestown, PA 17340
TCR zoning and a traditional exterior define this residential income property.
Property Size3,249 SF
Price / SF$100.18
Days on Market31
Property Features for 41 LUMBER STREET
General Information
Standard status
Active
Size
3,249 SF
Property subtype
Triplex
Building Details
Year Built
1920
Listing Agency:
Berkshire Hathaway HomeServices Homesale Realty
(717) 633-7300
Listed By:
Bill Mundorff · License #RS155742A
(717) 479-1964
Source:
Cummingsrealtors
Added: Sep 25
Changed: Oct 25
Last Checked: Oct 24 at 5:47PM
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 Berkshire Hathaway HomeServices Homesale Realty
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Investment Insights
Based on property information with market context.
Built in 1920, the property has a traditional exterior, a balcony, and both exterior and interior entry. Interior features include baseboard heating with electric and natural gas service, along with unfinished space.
The property is at 41 Lumber Street in Littlestown, Pennsylvania. On-street parking is available, and the zoning designation is TCR.
The property is at 41 Lumber Street in Littlestown, Pennsylvania. On-street parking is available, and the zoning designation is TCR.
Key Highlights
- TCR zoning
- Built in 1920
- Balcony and traditional exterior
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,765
Cap Rate
4.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$275,300
$275.3K
Cap Rate 7%
$196,643
$196.6K
Cap Rate 9%
$152,944
$152.9K
Market Conditions
NOI Build-Up for 3,249 SF
Gross rent
$26.5K $8.16/SF
− Vacancy
−$1.5K −$0.46/SF
EGI
$25.0K $7.70/SF
− OpEx
−$11.3K −$3.47/SF
NOI
$13.8K $4.24/SF
Area
Adams County, PA
Vacancy
5.60%
Lease Rate
$8.16 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$275,300
Cap Rate 7%
$196,643
Cap Rate 9%
$152,944
Alternative Uses
Best Use
Apartment 5plus
$196.6K
$172.1K – $229.4K
NOI $13,765 @ 7.0% cap · market cap 4.23%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$598.4K
$523.6K – $698.1K
NOI $41,888 @ 7.0% cap · market cap 12.87%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
319
Businesses Nearby
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Business Placement
Demographics for 17340, PA
11,238
Population
4,489
Households
2.5
Avg Household Size
45
Median Age
19%
College-Educated
92%
High-School Grad
39.4 sq mi
ZIP Area
285
Density / Sq Mi
$84,858
Median Household Income
$43,271
Median Earnings
$1,179
Median Rent
$276,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - TCR zoning and a traditional exterior define this residential income property.
Where is this residential income property located?
The property is located at 41 LUMBER STREET Littlestown, PA.
What is the asking price?
The asking price for this property is $325,500.
What are key features of this property?
This property features: TCR zoning; Built in 1920; Balcony and traditional exterior
