$240,000
$240,000
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2,858 SqFt
SOLD DATE : 01/13/2022
Key Details
Sold Price $240,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,858 sqft
Price per Sqft $83
Subdivision Steelton Borough
MLS Listing ID PADA2000235
Sold Date 01/13/22
Style Traditional
Abv Grd Liv Area 2,858
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $1,730
Tax Year 2021
Lot Size 2,613 Sqft
Acres 0.06
Property Description
This is a 4 unit multi-unit. Two 1 bedroom and 1 bath currently rented for $695 and $725. One 2 bedroom and 1 bath currently rented for $720. One 3 bedroom and 1 bath currently rented for $850. 2 Off-street parking spaces. Total rents are $2985 with a potential rent of $3245.
For the entire package: total of 17 buildings with 25 residential units and 1 garage rental. Current gross income is $238,008. Current Net income is $164,681. Current cap rate is 8.5% and proforma cap rate is 10.4%. Owner has renovated several of the units recently. See associated docs, it has single family and multi units separated.
Location
State PA
County Dauphin
Area Steelton Boro (14057)
Zoning RESIDENTIAL
Interior
Hot Water Electric
Heating Forced Air, Baseboard - Electric
Cooling None
Heat Source Electric, Natural Gas
Exterior
Garage Spaces 2.0
Waterfront N
Water Access N
Accessibility None
Parking Type Off Street, On Street
Total Parking Spaces 2
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
High Schools Steelton-Highspire Jr-Sr High School
School District Steelton-Highspire
Others
Tax ID 58-014-040-000-0000
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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Bought with ERICA E RAWLS • Keller Williams of Central PA
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "