Harrisburg, PA 17104,1200-1208 CHESTNUT ST
Harrisburg, PA 17104,1200-1208 CHESTNUT ST
Harrisburg, PA 17104,1200-1208 CHESTNUT ST
$450,000
Est. payment /mo
$525,000
14.3%
Est.Price: ?

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2,404 SqFt
SOLD DATE : 10/30/2020

Key Details

Sold Price $450,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 2,404 sqft

Price per Sqft $187

MLS Listing ID PADA125230

Sold Date 10/30/20

HOA Y/N N

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $9,200

Tax Year 2020

Lot Size 0.459 Acres

Acres 0.46

Property Description

1200-1208 Chestnut St is 5 separate parcels being sold together with a total of 17 units. 16 units are 1 bedrooms and 1 is a 2 bedroom. All 17 units are occupied and current on their rent as of 8/31/2020. The pictures reflect a unit that has been completely updated. Being sold at an 11% CAP Rate. $9452 in yearly rent 5% vacancy assumption. Water = $870 per month, $10440 per year Common electric: $250 per month, $3000 per year Trash = $442 per month, $5304 per year Tax = $7819 per year Management - 6%, $1200 per month, $6465 per year Maintenance -$14400 a year Insurance = $2268 per year

Location

State PA

County Dauphin

Area City Of Harrisburg (14001)

Zoning R12

Interior

Hot Water Natural Gas

Heating Baseboard - Electric

Cooling None

Heat Source Electric

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type On Street

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

High Schools Harrisburg High School

School District Harrisburg City

Others

Tax ID 09-044-045-000-0000

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Nathan Jones • Home365
Bought with Shabnam Dolly Sachdeva • Cavalry Realty LLC

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Karen Wilkinson

+1(732) 599-1938

Agent | License ID: 0343436

Agent License ID: 0343436

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