Description
3 Unit building just one block from the Gettysburg Square and another block from Gettysburg College - excellent location! Zoning allows for multiple uses and location provides wonderful visibility and foot traffic. Previously used as a store/retail on the first floor in front, 1 BR apartment on the first floor in the rear and a 2 BR apartment upstairs. 1st and 2nd floors have separate meters (building originally split as a 2 unit.) Units each have a full bath. Buyer must cooperate with seller's 1031 exchange. Selling as is. Currently vacant to sell. Rental income was $22,000, but projected income is $27,600. We have had two contracts fall through due to buyer financing. NO APPRAISAL HAS BEEN COMPLETED ON EITHER CONTRACT.The property has no parking of its own, but the seller is willing to continue providing 3 parking spots to a buyer or the tenants for five years with a good offer. Location of parking is directly behind this one at 115 Chambersburg St.
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0BEDS
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0.03ACRES
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0BATHS
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01/2 BATHS
Description
3 Unit building just one block from the Gettysburg Square and another block from Gettysburg College - excellent location! Zoning allows for multiple uses and location provides wonderful visibility and foot traffic. Previously used as a store/retail on the first floor in front, 1 BR apartment on the first floor in the rear and a 2 BR apartment upstairs. 1st and 2nd floors have separate meters (building originally split as a 2 unit.) Units each have a full bath. Buyer must cooperate with seller's 1031 exchange. Selling as is. Currently vacant to sell. Rental income was $22,000, but projected income is $27,600. We have had two contracts fall through due to buyer financing. NO APPRAISAL HAS BEEN COMPLETED ON EITHER CONTRACT.The property has no parking of its own, but the seller is willing to continue providing 3 parking spots to a buyer or the tenants for five years with a good offer. Location of parking is directly behind this one at 115 Chambersburg St.
©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-12T00:01:25.443.
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