100 Buford AveGettysburg, PA 17325

  • Investment properties
  • 0.30 AC
For Sale
$1,100,000 View listing

Property Details for 100 Buford Ave

Lot size
0.30 AC
Property type
Investment properties
Property subtype
Retail residential properties
APN
16 006-0070---000
APU
160060070000

Description

This exceptional investment opportunity in Gettysburg, PA, presents a well-maintained multi-family property at 100 Buford Avenue. The building boasts a total of 18,085 square feet situated on a 0.3-acre lot. The property comprises four spacious three-bedroom apartments, all located on the second floor, and five ground-level commercial units. Each residential unit features its own furnace and metered gas and electric, ensuring individual tenant control and cost efficiency. Landlord is responsible for water service. The commercial units also benefit from metered gas and electric services. Ample parking is provided with 15 off-street garage spaces, supplemented by readily available street parking with permits for tenants and customers. The property consistently maintains 100% occupancy, demonstrating strong rental demand and a reliable income stream. This turnkey investment is in excellent condition and presents a compelling opportunity for immediate return. The property's location within the Borough of Gettysburg offers convenient access to local amenities and attractions. Note that the owner also has three additional commercial properties available for sale in Gettysburg, located at 42-48 Baltimore Street, 44-48 Baltimore Street, and 970-978 Old Harrisburg Road. This presents a unique chance to acquire a portfolio of established income-generating properties in a desirable market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,143,770
    6.5%
    $2,901,940
    7%
    $2,694,660
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,361,420
    Geo Method
    $838,550
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $5,542,640
    Retail / Commercial
    $2,881,380
    Hospitality / Lodging
    $2,169,220
    Office
    $2,916,830
    Institutional / Educational
    $3,027,870
    Residential Income
    $3,542,610
    Multifamily
    $4,077,850
    Automotive / Energy
    $2,595,320
    Parking / Income-Based Land
    $865,144
    Restaurant / Food Service
    $1,575,140
    Healthcare / Senior Housing
    $2,944,260

Location Insight

City
Gettysburg
County
Adams
State
Pennsylvania
Latitude
39.8317
Longitude
-77.2391
CBSA code
23900
CBSA name
GETTYSBURG, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$17,822
$74,600
$800,100
$874,700
-
$74,600
$800,100
$874,700

FAQs

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