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311-313-315 Frank S Brown Boulevard

STEELTON, PA 17113
  • $400,000
  • STATUS: Active
  • ON SITE: 26 Days
  • ID#: PADA2028266
UPDATED: 42 min ago
$400,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1900
County:

School Information

Description

Cash-flowing 6-unit apartment building PLUS 3 additional storage units in Steelton ready for new owners! The building is comprised of 3 one-bedroom, one-bath units and 3 two-bedroom, one-bath units. 3 additional storage units are currently vacant and ready for new tenants to add extra income to this already profitable property! This is a GREAT investment opportunity in the Steelton-Highspire School District. Whether you're a seasoned investor looking for your next multi-family investment or new to the real estate investment world this is the picture-perfect affordable asset for your portfolio! This property currently offers a 6.04% CAP rate and an estimated future cap rate of 7.66% after the rents are minimally increased and storage units are leased for additional income.

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©2023 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: 2023-11-28T06:55:55.773.
www.teampete.com/homes/144905042
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311-313-315 Frank S Brown Boulevard STEELTON, PA 17113

  • Price: $400,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 42 min ago
  • ID#: PADA2028266
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1900
Built
Neighborhood:
Steelton Borough
County:
Dauphin
Area:
Steelton Boro (14057)
High School:
Steelton-Highspire Jr-Sr High School
School District:
Steelton-Highspire
Property Description
Cash-flowing 6-unit apartment building PLUS 3 additional storage units in Steelton ready for new owners! The building is comprised of 3 one-bedroom, one-bath units and 3 two-bedroom, one-bath units. 3 additional storage units are currently vacant and ready for new tenants to add extra income to this already profitable property! This is a GREAT investment opportunity in the Steelton-Highspire School District. Whether you're a seasoned investor looking for your next multi-family investment or new to the real estate investment world this is the picture-perfect affordable asset for your portfolio! This property currently offers a 6.04% CAP rate and an estimated future cap rate of 7.66% after the rents are minimally increased and storage units are leased for additional income.
Exterior Features

Construction Materials Stick Built Garage YN No Parking Types On Street Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3276.00 Cooling None Heating Baseboard - Electric Heating YN Yes Net Square Feet 4008.00

Property Features

Acceptable Financing CashConventional Accessibility Features 2+ Access Exits Annual Gross Expense 22028.00 Assessment Year 2023 Business Type Apartment BuildingStorage Central Air YN No Cooling Fuel None Gross Income 46188.00 Heating Fuel Electric Hot Water Electric Insurance Expense 2056.00 Maintenance Expense 2309.00 Municipality STEELTON BORO Navigable Water YN N Net Operating Income 24160.00 New Construction YN No Number Of Units Total 6 Original MLSNumber 802695643220 Owner Pays SewerSnow RemovalTrash CollectionWaterLawn/Shrub Care Ownership Interest Fee Simple Possession Settlement Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 4008.00 Tax Assessment Amount 80700.00 Total Actual Rent 46188.00 Vacation Rental YN No Water Source Public Zoning R

Listing courtesy of Keller Williams Keystone Realty: .


©2023 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: 2023-11-28T06:55:55.773.
 
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