Description
Middletown Borough 35 Unit Apartment building. Fully rented. Walk to Penn State University Harrisburg. Brand new roof in 2022. All new breaker boxes are being installed this week, March 2023. Vinyl Replacement windows are less than ten years old. Two new gas hot water heaters. The annual rent roll is $284,940.00 with additional income from coin-operated laundry and vending machine of $3,650.00. The units are all one-bedroom or efficiency apartments. There are fire/security cameras in public areas. 28 of the units have PTAC and 7 have BB with window units. Units each have a range/stove, refrigerator, and access to the washers/ dryers in the laundry room. There are 40+ parking spaces. Annual expenses include insurance, fire monitor, sewer & water, taxes, electric, trash & gas to total approximately $93,527.00 Tenant pays cable, internet, and phone. Located just outside Harrisburg, Pennsylvania the state capitol, and minutes from Harrisburg Int'l Airport.
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0BEDS
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0.57ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Middletown Borough 35 Unit Apartment building. Fully rented. Walk to Penn State University Harrisburg. Brand new roof in 2022. All new breaker boxes are being installed this week, March 2023. Vinyl Replacement windows are less than ten years old. Two new gas hot water heaters. The annual rent roll is $284,940.00 with additional income from coin-operated laundry and vending machine of $3,650.00. The units are all one-bedroom or efficiency apartments. There are fire/security cameras in public areas. 28 of the units have PTAC and 7 have BB with window units. Units each have a range/stove, refrigerator, and access to the washers/ dryers in the laundry room. There are 40+ parking spaces. Annual expenses include insurance, fire monitor, sewer & water, taxes, electric, trash & gas to total approximately $93,527.00 Tenant pays cable, internet, and phone. Located just outside Harrisburg, Pennsylvania the state capitol, and minutes from Harrisburg Int'l Airport.
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