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 $100-150 PER unit, with an 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!
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0BEDS
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0.06ACRES
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0BATHS
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01/2 BATHS
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3,276SQFT
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$111$/SQFT
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 $100-150 PER unit, with an 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!
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