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Key Details
Sold Price $131,750
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,920 sqft
Price per Sqft $68
MLS Listing ID PAFL168666
Sold Date 01/22/20
Style Raised Ranch/Rambler,Ranch/Rambler,Other
HOA Y/N N
Abv Grd Liv Area 1,920
Originating Board BRIGHT
Year Built 1957
Annual Tax Amount $2,300
Tax Year 2019
Lot Size 6,534 Sqft
Acres 0.15
Property Description
Investors, this is NOT your typical duplex! This over/under property is very well maintained, updated, has a maintenance free exterior, off street parking, newer flooring, updated 200 amp electric and washer/dryer hookups in each unit. One 2 bedroom unit (880 SF) rents at $600/month and one 3 bedroom unit (1040 SF) rents at $700/month, both currently occupied. An off-street location provides tenant desirability with pull-up parking. Tenants pay individual electric, gas and trash. Owner pays building electric for outside lights, electric for forced air gas furnace (common to both units), water and sewer. Gross annual rent is $15,600 with annual operating expenses (insurance, taxes and owner utilities) of $4,600 yielding an annual cash flow of $11,000 (7.8% cap rate). SEE WALK-THROUGH VIDEO FOR ADDITIONAL LAYOUT/FLOW.
Location
State PA
County Franklin
Area Chambersburg Boro (14502)
Zoning R
Interior
Interior Features Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Combination Dining/Living, Combination Kitchen/Living, Kitchen - Eat-In, Kitchen - Island
Hot Water Natural Gas
Heating Forced Air
Cooling Window Unit(s)
Flooring Carpet, Ceramic Tile, Vinyl
Heat Source Natural Gas
Exterior
Exterior Feature Deck(s), Patio(s)
Garage Spaces 4.0
Waterfront N
Water Access N
Roof Type Architectural Shingle
Accessibility None
Porch Deck(s), Patio(s)
Parking Type Off Street
Total Parking Spaces 4
Garage N
Building
Sewer Public Sewer, Grinder Pump
Water Public
Architectural Style Raised Ranch/Rambler, Ranch/Rambler, Other
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
Middle Schools Chambersburg Area
High Schools Chambersburg Area Senior
School District Chambersburg Area
Others
Tax ID 5-1B32-19
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard
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Bought with Jennifer J Martin • Antietam Realty
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