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362 Locust Street

STEELTON, PA 17113
  • $180,000
  • STATUS: Active
  • ON SITE: 48 Days
  • ID#: PADA2000239
Price Reduced
UPDATED: 155 min ago
$180,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,742
    SQFT
  • $66
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Information

Description

This building is 3 units. One unit is 2 bedroom and 1 bathroom that rents for$805 . Two units are a 1 bedroom and 1 bathroom units currently rent for $850 and $625. Total rents are $2255 with potential rent of $2515. This is being sold as a multi unit package of 11 units total. Or being sold as a multi unit and single family homes 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.

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©2021 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: 2021-12-02T20:50:56.293.
www.teampete.com/homes/122365105
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362 Locust Street STEELTON, PA 17113

  • Price: $180,000
  • Status: Active
  • On Site: 48 Days
  • Updated: 155 min ago
  • ID#: PADA2000239
0
Beds
0
Baths
0
½ Baths
0.05
Acres
2,742
SQFT
$66
$/SQFT
1920
Built
Neighborhood:
Steelton Borough
County:
Dauphin
Area:
Steelton Boro (14057)
High School:
Steelton-Highspire Jr-Sr High School
School District:
Steelton-Highspire
Property Description
This building is 3 units. One unit is 2 bedroom and 1 bathroom that rents for$805 . Two units are a 1 bedroom and 1 bathroom units currently rent for $850 and $625. Total rents are $2255 with potential rent of $2515. This is being sold as a multi unit package of 11 units total. Or being sold as a multi unit and single family homes 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.
Exterior Features

Architectural Style Traditional Construction Materials Brick Garage YN No Other Structures Above GradeBelow Grade Parking Types On Street Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2742 Basement Unfinished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Fireplaces Total 0 Heating Forced AirBaseboard - Electric Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 1 Units Furnished None

Property Features

Acceptable Financing CashConventional Accessibility Features None Assessment Year 2021 Central Air YN No Cooling Fuel None Electric 100 Amp Service Existing Lease Type Month To Month Foundation Details Stone Heating Fuel Natural GasElectric Hot Water Electric Municipality Steelton Boro Navigable Water YN N New Construction YN No Number Of Units Leased 3 Number Of Units Total 3 Number Of Units Vacant 0 Original MLSNumber 800774829715 Ownership Interest Fee Simple Possession Settlement Property Sub Type Triplex Sale Type Standard Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 2212.00 Tax Assessment Amount 44500.00 Vacation Rental YN No Water Source Public Zoning Residential

Listing courtesy of Iron Valley Real Estate Of Central Pa.


©2021 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: 2021-12-02T20:50:56.293.
 
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