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Key Details
Sold Price $250,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PACB2032374
Sold Date 08/02/24
Style Traditional
Originating Board BRIGHT
Year Built 1940
Annual Tax Amount $3,530
Tax Year 2023
Lot Size 6,098 Sqft
Acres 0.14
Property Description
5 Apartments! Single family home with Two 2 bedroom units and One 3 bedroom unit. Separate building in rear of lot has Two 1 bedroom units. Seller wants sold "as is" and will discount for a quick cash sale. Property needs work and has deferred maintenance however all units rented and on yearly leases. Seller pays for water ($1,800), sewer & trash ($4,800), common electric ($1,200), insurance ($2,500) and taxes ($3,530). Expenses total $13,830. Tenants have separate electric meters and electric baseboard heat. Gross yearly income $40,200. Net yearly income $26,370. Present cap rate of 9.59. Could be considerable higher! See listing agent regarding showing details.
Location
State PA
County Cumberland
Area East Pennsboro Twp (14409)
Zoning RESIDENTIAL
Rooms
Basement Full, Walkout Level
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Window Unit(s)
Fireplaces Number 1
Fireplace Y
Heat Source Electric
Exterior
Garage Spaces 3.0
Waterfront N
Water Access N
Roof Type Shingle,Rubber
Accessibility None
Parking Type Off Street, On Street
Total Parking Spaces 3
Garage N
Building
Lot Description Level
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
Middle Schools East Pennsboro Area
High Schools East Pennsboro Area Shs
School District East Pennsboro Area
Others
Tax ID 09-15-1291-137
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Jason Bytof • Keller Williams of Central PA
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