$365,000
$375,000
2.7%For more information regarding the value of a property, please contact us for a free consultation.
6,098 Sqft Lot
SOLD DATE : 11/14/2018
Key Details
Sold Price $365,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1002351894
Sold Date 11/14/18
HOA Y/N N
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $5,049
Tax Year 2018
Lot Size 6,098 Sqft
Acres 0.14
Property Description
Great investment opportunity with this 8 unit building. Some units have been recently upgraded. Currently, there are 2 efficiency units, 4 one bedroom, and 2 three bedroom apartments. Although, one of the 3 bedroom units is rented as a 2 bedroom and it's rent can be increased if rented as a three bedroom. Each unit has it's own electric and heat. Gross income as it is currently situated is $56, 436 with approx $42,000 net income annually. However, there is potential for increased rents. Many tenants are long-time renters.
Location
State PA
County Cumberland
Area Carlisle Boro (14402)
Zoning COMMERCIAL
Interior
Hot Water Electric
Heating Baseboard
Cooling None
Heat Source Electric, Oil, Natural Gas
Exterior
Garage Spaces 3.0
Waterfront N
Water Access N
Roof Type Architectural Shingle
Accessibility None
Parking Type On Street
Total Parking Spaces 3
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Carlisle Area
Others
Tax ID 02-20-1800-004
Ownership Fee Simple
SqFt Source Assessor
Security Features Smoke Detector
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Wesley E Strite • Keller Williams Keystone Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "