Three-Unit Apartment
41 LUMBER Street, Littlestown, PA 17340
For Sale
$325,500
Multi-Family, LITTLESTOWN, PA
Property Size3,249 SF
Lot Size0.18 Acres
Price / SF$100.18
Days on Market47
Property Features for 41 LUMBER Street
General Information
Property type
Property subtype
Rooms
Parking features
Elementary school district
Middle school district
High school district
Standard status
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Building Details
Year built
Number of units
Building materials
Architectural style
Listing Agency:
Berkshire Hathaway HomeServices Homesale Realty
(717) 633-7300
Listed By:
Bill Mundorff · License PA RS155742A
(717) 479-1964
Added: Sep 25
Changed: Oct 29
Last Checked: Nov 10 at 9:06PM
MLS# PAAD2025916
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 3,249-square-foot triplex contains three apartments: one with a bedroom and two with three bedrooms each. The east apartment on the second floor also has two attic bedrooms. Basement laundry hookups serve the upper two units, and two refrigerators and three ranges are included. The building dates to 1920 and has stone and brick construction, with hot water, electric, and baseboard heating.
Residents pay their own utilities. On-street parking is available, and the property occupies a 0.18-acre lot in Littlestown, Pennsylvania.
Residents pay their own utilities. On-street parking is available, and the property occupies a 0.18-acre lot in Littlestown, Pennsylvania.
Key Highlights
- Three apartments: one 1‑bedroom unit and two 3‑bedroom units
- Second‑floor east apartment includes two attic bedrooms
- Laundry hookups in the basement serve the top two apartments
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,987
Cap Rate
4.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$299,740
$299.7K
Cap Rate 7%
$214,100
$214.1K
Cap Rate 9%
$166,522
$166.5K
Market Conditions
NOI Build-Up for 3,249 SF
Gross rent
$22.6K $6.96/SF
− Vacancy
−$1.2K −$0.37/SF
EGI
$21.4K $6.59/SF
− OpEx
−$6.4K −$1.98/SF
NOI
$15.0K $4.61/SF
Area
Adams County, PA
Vacancy
5.32%
Lease Rate
$6.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$299,740
Cap Rate 7%
$214,100
Cap Rate 9%
$166,522
Alternative Uses
Best Use
Multifamily LT 5
$214.1K
$187.3K – $249.8K
NOI $14,987 @ 7.0% cap · market cap 4.60%
Second Best
Apartment 5plus
$196.6K
$172.1K – $229.4K
NOI $13,765 @ 7.0% cap · market cap 4.23%
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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Lease Details
3
Residential units
100%
Occupancy
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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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three residential units are fully occupied, with laundry hookups in the basement for the two upper apartments.
Where is this triplex 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: Three apartments: one 1‑bedroom unit and two 3‑bedroom units; Second‑floor east apartment includes two attic bedrooms; Laundry hookups in the basement serve the top two apartments
