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247-249 S FRONT ST Steelton, PA 17113
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Key Details
Sold Price $160,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 3,793 sqft
Price per Sqft $42
Subdivision None Available
MLS Listing ID 1002747573
Sold Date 08/30/16
Style Other
HOA Y/N N
Abv Grd Liv Area 3,093
Originating Board GHAR
Year Built 1900
Annual Tax Amount $4,047
Tax Year 2015
Lot Size 3,049 Sqft
Acres 0.07
Property Description
12.5% CAP RATE! That's with taking 5% for maintenance and a 5% vacancy rate. See associated documents for an Investment Evaluation of the property. Terrific investment opportunity. 5 unit plus two garages and coin-op laundry. Garages each rent for $125. Revenue from coin-op laundry was $1191. 4 apartments and one commercial storefront. Last used as a restaurant. Could be used as an office or storage facility. Possibly could become fifth apartment with borough approval. Storefront is currently vacant.
Location
State PA
County Dauphin
Area Steelton Boro (14057)
Interior
Heating Baseboard
Cooling Central A/C, Wall Unit
Equipment Oven/Range - Gas, Refrigerator
Fireplace N
Appliance Oven/Range - Gas, Refrigerator
Heat Source Electric, Natural Gas
Exterior
Amenities Available Laundry Facilities
Water Access N
Roof Type Rubber
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Steelton-Highspire
Others
Tax ID 580130250000000
Ownership Other
SqFt Source Estimated
Security Features Smoke Detector
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Standard
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Bought with CYNTHIA A BILLET • RE/MAX Realty Select
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