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    2532-2534 Derry Street

    HARRISBURG, PA 17111
    • $185,000
    • STATUS: Active
    • ON SITE: 132 days
    • ID#: PADA119758
    UPDATED: 28 min ago
    $185,000
    • 0
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,245
      SQFT
    • $57
      $/SQFT
    Type:
    Multi-Family
    Built:
    1917
    County:

    School Information

    High School:
    School District:

    Description

    Welcome to 2532-2534 Derry St. Two separate duplexes in one deed. Total four units and one detached garage. Total annual income of $32,340 with annual cash flow of over $10,000 generating a 19% cash on cash return with 10% Cap rate. See profit loss statement for expenses and details. 2532-1 is a first floor apartment. It has a living room, full formal dining room, utility room, kitchen, fully-finished basement with 2 bedrooms and 1 bathroom. It also has a fenced backyard and covered porchin front. This unit is currently rented for $695/month and the yearly lease expires 9/2020. Photos are from before tenant moved in. 2532-2 is a second floor apartment. It is a one bedroom one bathroom unit with living room, kitchen, and balcony. This unit is currently rented for $600/month and the yearly lease expires 7/2021. 2534-1 is a first floor apartment. It is a two bedroom one bathroom unit with living room, kitchen, unfinished basement, and a detached garage. It has covered porch in front. This unit is currently rented for $750/month including garage rent and the lease expires 9/2021. Photos are from before tenant moved in. 2534-2 is a second floor apartment. It is a one bedroom one bathroom unit with living room, kitchen, and balcony. This unit is currently rented for $650/month and the tenant is on a month to month lease. All units are registered, inspected, and passed by codes department of city of Harrisburg. All units have electric baseboard heating with 4 electric water heater, 4 electric cooking ranges, 4 refrigerators and 2 water meters (1 per building). All appliances convey with the property sale. Window AC units owned by tenants. Owner pays water, sewer, trash, taxes, insurance, snow and lawn maintenance, rental registrations and landlord license. See profit loss statement for expenses and details.

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    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Teampete Realty Services, Inc. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-07-13T20:50:35.823.
    www.teampete.com/homes/103766562
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    2532-2534 Derry Street HARRISBURG, PA 17111

    • Price: $185,000
    • Status: Active
    • Updated: 28 min ago
    • ID#: PADA119758
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    3,245
    SQFT
    $57
    $/SQFT
    1917
    Built
    Neighborhood:
    City Of Harrisburg (14001)
    County:
    Dauphin
    Area:
    City Of Harrisburg (14001)
    High School:
    Harrisburg High School
    School District:
    Harrisburg City
    Property Description
    Welcome to 2532-2534 Derry St. Two separate duplexes in one deed. Total four units and one detached garage. Total annual income of $32,340 with annual cash flow of over $10,000 generating a 19% cash on cash return with 10% Cap rate. See profit loss statement for expenses and details. 2532-1 is a first floor apartment. It has a living room, full formal dining room, utility room, kitchen, fully-finished basement with 2 bedrooms and 1 bathroom. It also has a fenced backyard and covered porchin front. This unit is currently rented for $695/month and the yearly lease expires 9/2020. Photos are from before tenant moved in. 2532-2 is a second floor apartment. It is a one bedroom one bathroom unit with living room, kitchen, and balcony. This unit is currently rented for $600/month and the yearly lease expires 7/2021. 2534-1 is a first floor apartment. It is a two bedroom one bathroom unit with living room, kitchen, unfinished basement, and a detached garage. It has covered porch in front. This unit is currently rented for $750/month including garage rent and the lease expires 9/2021. Photos are from before tenant moved in. 2534-2 is a second floor apartment. It is a one bedroom one bathroom unit with living room, kitchen, and balcony. This unit is currently rented for $650/month and the tenant is on a month to month lease. All units are registered, inspected, and passed by codes department of city of Harrisburg. All units have electric baseboard heating with 4 electric water heater, 4 electric cooking ranges, 4 refrigerators and 2 water meters (1 per building). All appliances convey with the property sale. Window AC units owned by tenants. Owner pays water, sewer, trash, taxes, insurance, snow and lawn maintenance, rental registrations and landlord license. See profit loss statement for expenses and details.
    Exterior Features

    Architectural Style Other Construction Materials FrameMasonry Garage Spaces 1.00 Garage Type Garage - Front Entry Garage YN Yes Other Structures Above GradeBelow Grade Parking Types Detached GarageOn StreetOff Street Pool No Pool Property Condition GoodVery Good Riparian Rights YN No Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 2657 Basement FullPartially Finished Basement YN Yes Below Grade Finished Area 588 Below Grade Unfinished Area 588 Cooling None Exclusions All Tenant-Owned PropertyIncluding All Window Ac Units Fireplaces Total 0 Heating Baseboard - Electric Heating YN Yes Inclusions 4 Ranges4 Refrigerators Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 2

    Property Features

    Acceptable Financing CashConventional Accessibility Features None Assessment Year 2020 Association YN No Central Air YN No Cooling Fuel None Heating Fuel Electric Hot Water Electric Incorporated City Name City Of Harrisburg Navigable Water YN N Net Operating Income 18475.00 New Construction YN No Number Of Units Total 4 Operating Expense 13865.00 Original MLSNumber 304045919346 Owner Pays WaterTrash CollectionTaxes - Real EstateSnow RemovalSewerRepairsLawn/Shrub CareInsuranceAdvertising/Licenses And Permits Ownership Interest Fee Simple Possession Settlement Property Sub Type Quadruplex Sale Type Standard Sewer Public Sewer Structure Design Type Other Tax Annual Amount 2500.00 Tax Assessment Amount 53900.00 Vacation Rental YN No Water Average Monthly 192 Water Last12 Months 2300.00 Water Source Public Zoning Residential Med Density

    Listing courtesy of Foundation First Property Group.


    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Teampete Realty Services, Inc. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-07-13T20:50:35.823.
     
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