For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $175,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,687 sqft
Price per Sqft $103
MLS Listing ID PACB2002764
Sold Date 10/29/21
Style Traditional
Abv Grd Liv Area 1,687
Originating Board BRIGHT
Year Built 1910
Annual Tax Amount $2,336
Tax Year 2021
Lot Size 3,485 Sqft
Acres 0.08
Property Description
What a great real estate investment. Turn key in a convenient location. Walk to Downtown New Cumberland restaurants, shops etc. Two unit detached building with a two bedroom and a one bedroom
apartment with porches and balcony. Tenants pay electric and gas. Each apartment has its own electric service, hot water heater and gas furnace. Lots of new items and upgrades. Shingle roof new in 2013. New rubber roof in 2008. Two new gas furnaces and hot water heaters in 2007. New Kitchens in 2007 and remodeled baths. Upgraded electric services. Detached garage. Nice level rear yard. Rental Income $18,600. Operating expenses of $4999 which includes Water & Sewer $1594. Trash $369. Insurance $700 and Taxes $2336. Net operating income $13,601. Presently a 7.6% cap rate of return. This will not last long. See agent remarks for showing information.
Location
State PA
County Cumberland
Area New Cumberland Boro (14425)
Zoning RESIDENTIAL 2-FAMILY
Rooms
Basement Walkout Stairs, Unfinished
Interior
Interior Features Attic, Carpet, Ceiling Fan(s), Kitchen - Eat-In
Hot Water Electric
Heating Forced Air
Cooling Window Unit(s)
Equipment Refrigerator, Oven/Range - Electric, Microwave
Fireplace N
Window Features Replacement,Vinyl Clad
Appliance Refrigerator, Oven/Range - Electric, Microwave
Heat Source Natural Gas
Exterior
Exterior Feature Balcony, Porch(es)
Garage Additional Storage Area
Garage Spaces 1.0
Utilities Available Cable TV
Waterfront N
Water Access N
Roof Type Rubber,Shingle
Accessibility 2+ Access Exits
Porch Balcony, Porch(es)
Parking Type On Street, Detached Garage
Total Parking Spaces 1
Garage Y
Building
Lot Description Level
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Hillside
Middle Schools New Cumberland
High Schools Cedar Cliff
School District West Shore
Others
Tax ID 25-24-0811-282
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
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 Colleen Marie Blume • Coldwell Banker Realty
GET MORE INFORMATION