251 S CHARLOTTE ST Manheim, PA 17545

Nice investment property with 1 side (251) recently remodeled. It is currently vacant due to the remodel. Estimated rent is $850 . The other side has a long term tenant, current rent is $570 Tenant pays all utilities, water, sewer, trash, electric and heat. There is a detached garage that is currently in use by Owner. Rent for approx $100 per month ( alley access confirm with boro) or used by one of the tenants for additional charge. On and off street parking. Separate attached storage area for lawn equipment etc . on 251 side and shed on 253 side. 2012 full remodel of 251. Including insulation, drywall, wiring, plumbing, paint and carpets, windows, doors, thermostats, and all mechanicals, including heat and water heater. This included the full bathroom remodel on the 2nd floor, adding the oversized tub shower, tall vanity, and tall toilets with slow closing lids. Full bath on the 1st floor, with shower and washer/dryer. Basement floor cemented. Installed new granite counter tops in kitchen and 2nd floor bathroom vanity. Both 251 and 253 have new 200 amp electrical panels and new electric hot water heaters. -2020 exterior of house painted, new tile backsplash installed in kitchen, and fresh paint in Kitchen and mud room. Income projected unit 1 $850 unit 2 $570 (actual long term tenant) garage $100 Total $1,520 monthly or $18,240 yearly Expenses Taxes $3,086 Insurance $600 Boro rental fee $110 Total $3,796 Net Income $14,444 7.8% CAP rate