Beautifully updated bungalow/craftsman-style turnkey legal duplex in the heart of Gettysburg Borough! This rare income-producing property is ideal for owner-occupants, investors, or multigenerational living. Conveniently located within walking distance to WellSpan Gettysburg Hospital and just minutes from historic Downtown Gettysburg. HOME WARRANY INCLUDED
This property features two 2BR/1BA units, each with private entrances and in-unit laundry. Live in one unit and rent the other to offset your mortgage! FHA owner-occupant buyers may be able to use projected rental income from the second unit toward qualifying.
Estimated conservative annual gross rental income of approximately $32,400 with strong investment potential using a 7% cap rate. Airbnb and mid-term rental potential make this property even more attractive in Gettysburg’s high-demand tourism and academic market. Zoned for 30+ day rentals. Most recently upper level unit was leased for an average of $2500 for a mid-term several month lease.
The upper unit showcases gorgeous hardwood floors, generous-sized closets, updated kitchen and bath, and new stainless steel appliances. Both units offer comfortable, functional layouts filled with character and charm. Enjoy the screened-in porch/rear deck, and two off-street parking spaces. Shed in rear conveys. Fireworks and community celebrations can be enjoyed right from the front porch, while the back deck offers the perfect place to relax and take in Gettysburg’s festive atmosphere.
Located directly across from a charming café/coffee shop and just one block from WellSpan Gettysburg Hospital, this property offers exceptional walkability to downtown Gettysburg, breweries, restaurants, shops, historic attractions, and year-round events. Gettysburg offers a myriad of dining, shopping, entertainment, and cultural experiences, and is home to Gettysburg College, the historic battlefields, outlets, and countless community events throughout the year.
Property is also served by the Gettysburg Area School District, featuring above-average middle and high schools and a well-rated borough school system.
Whether you’re searching for a turnkey investment property, a completely separated in-law/au pair space, or flexible living space with income potential, this Gettysburg gem is a rare find! CROSS LISTED AS MULTI-FAMILY MLS # PAAD2023580