Tenant-Occupied
For Sale
$345,000
5408 CARLISLE PIKE, New Oxford, PA 17350
Three occupied two-story residences provide separate entrances and varied bedroom and bath configurations.
Property Size3,640 SF
Price / SF$94.78
Days on Market48
Property Features for 5408 CARLISLE PIKE
General Information
Standard status
Active
Size
3,640 SF
Property subtype
Triplex
Occupancy
100%
Units
Unit Mix
1 x 2BR/1BA, 1 x 3BR/1.5BA, 1 x 3BR/2BA
Multifamily Units
3
Additional Details
Road Access
Yes
Building Details
Year Built
1830
Tenancy
Multi
Listing Agency:
Keller Williams Keystone Realty
(717) 634-5921
Listed By:
Amber Crawford · License #RS344001
(717) 968-8236
Source:
Cummingsrealtors
Added: Sep 20
Changed: Nov 5
Last Checked: Nov 4 at 2:52PM
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 Keller Williams Keystone Realty
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Investment Insights
Based on property information with market context.
This tenant-occupied triplex contains approximately 3,640 square feet across three two-story residences, each accessed through its own private entrance. The unit mix includes one two-bedroom, one-bath residence; one three-bedroom residence with 1.5 baths; and one three-bedroom residence with two full baths. Unit 3 includes updated living space, central air, and garage access.
The property is positioned along Carlisle Pike with access to New Oxford, Hanover, Gettysburg, and surrounding areas. All three units are currently occupied, providing an established multifamily configuration for continued rental use.
The property is positioned along Carlisle Pike with access to New Oxford, Hanover, Gettysburg, and surrounding areas. All three units are currently occupied, providing an established multifamily configuration for continued rental use.
Key Highlights
- Three‑unit multifamily property with approximately 3,640 square feet of living space
- All three units are currently occupied
- Unit mix includes 2‑bedroom, 3‑bedroom, and 3‑bedroom residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,791
Cap Rate
4.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$335,820
$335.8K
Cap Rate 7%
$239,871
$239.9K
Cap Rate 9%
$186,567
$186.6K
Market Conditions
NOI Build-Up for 3,640 SF
Gross rent
$25.3K $6.96/SF
− Vacancy
−$1.3K −$0.37/SF
EGI
$24.0K $6.59/SF
− OpEx
−$7.2K −$1.98/SF
NOI
$16.8K $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%
$335,820
Cap Rate 7%
$239,871
Cap Rate 9%
$186,567
Alternative Uses
Best Use
Multifamily LT 5
$239.9K
$209.9K – $279.9K
NOI $16,791 @ 7.0% cap · market cap 4.87%
Second Best
Apartment 5plus
$220.3K
$192.8K – $257.0K
NOI $15,421 @ 7.0% cap · market cap 4.47%
Theoretical Best
Specialty Retail
$670.4K
$586.6K – $782.2K
NOI $46,929 @ 7.0% cap · market cap 13.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
40
Businesses Nearby
Explore this area
Business Placement
Demographics for 17350, PA
13,391
Population
5,600
Households
2.4
Avg Household Size
44
Median Age
21%
College-Educated
87%
High-School Grad
44.3 sq mi
ZIP Area
302
Density / Sq Mi
$78,976
Median Household Income
$41,797
Median Earnings
$1,237
Median Rent
$234,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three occupied two-story residences provide separate entrances and varied bedroom and bath configurations.
Where is this triplex located?
The property is located at 5408 CARLISLE PIKE New Oxford, PA.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Three‑unit multifamily property with approximately 3,640 square feet of living space; All three units are currently occupied; Unit mix includes 2‑bedroom, 3‑bedroom, and 3‑bedroom residences
