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!
Sold for $345,000 on 12/29/23
$345,000
311-313 Frank S Brown Blvd #315, Harrisburg, PA 17113
9beds
--baths
3,276sqft
Multi Family
Built in 1900
-- sqft lot
$393,600 Zestimate®
$105/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 10 hours ago
Listing updated: December 29, 2023 at 08:50am
Listed by:
Liz Hamberger 717-577-0814,
Keller Williams Keystone Realty,
Listing Team: Liz Hamberger Team
Bought with:
NON MEMBER
Non Subscribing Office
Source: Bright MLS,MLS#: PADA2028262
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 3,276
- Total interior livable area: 3,276 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: 2+ Access Exits
Features
- Pool features: None
Lot
- Size: 2,613 sqft
Details
- Additional structures: Above Grade
- Parcel number: 590030640000000
- Zoning: R
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Stick Built
- Foundation: Block
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Harrisburg
- Subdivision: Steelton Borough
- Municipality: STEELTON BORO
HOA & financial
Other financial information
- Total actual rent: 46188
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Fee Simple