
Description
Cash-flowing, fully leased 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 with current gross rents of $3,849/mo. There is room to increase rents by $1-150 PER unit, with additional opportunity to utilize 3 garage spaces as storage units, adding extra income to this already profitable property and pushing gross rents in excess of $4,500/mo! 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! Electric/heat is split and paid by the tenant, and water/sewer/trash are paid by the landlord. Landlord expenses are lean at $8,112/yr for utilities (water/sewer/trash), $4,008/yr for taxes, and approximately $2,056/yr for insurance resulting in a fantastic turn-key investment opportunity in a great market!
-
0BEDS
-
0.06ACRES
-
0BATHS
-
01/2 BATHS
School Information
Description
Cash-flowing, fully leased 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 with current gross rents of $3,849/mo. There is room to increase rents by $1-150 PER unit, with additional opportunity to utilize 3 garage spaces as storage units, adding extra income to this already profitable property and pushing gross rents in excess of $4,500/mo! 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! Electric/heat is split and paid by the tenant, and water/sewer/trash are paid by the landlord. Landlord expenses are lean at $8,112/yr for utilities (water/sewer/trash), $4,008/yr for taxes, and approximately $2,056/yr for insurance resulting in a fantastic turn-key investment opportunity in a great market!
Related Properties
©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 Paula Cashion | Keller Williams Central Delaware. 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: 2023-12-06T21:51:18.883.