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Updated about 8 years ago,
17% CAP Rate! Midtown Harrisburg 2 unit. Property Mgmt. in place!
Solid brick 2 unit with tenant and property management in place and INSTANT EQUITY.
Semi-detached, duplex w/ 2- 2 bd units in midtown (on the right in top pic) w/ 2,670 sq.ft. total in excellent area close to the Capitol. Hardwood floors throughout, electric baseboard heat, spiral staircase, Annual taxes are $3,043. NOT in flood zone. Tenants pay all utilities and can stay or go.
One unit is currently occupied and the other will be ready for a tenant.
We have an excellent local property management in place to make your 1st or 100th rental property easy and headache-free. They will do all of the tenant placing, bill paying, repairs, etc.
Tenants pay all utilities.
Monthly Projected Rent: $1,400
Monthly Expenses: $100 (water, sewer, & trash)
Taxes monthly: $253
Insurance monthly: $55
Management monthly: $140
Asking: $59,000 (ARV: $100,000)
NET Monthly Income: $852 (17.42% Cash on Cash Return)!
*Only 55 Mins from Baltimore, 2 hrs from Philly, and 3 from New York City.
Please message me for more pics and info.
I also have many more rental and flip opportunities that never make it to Bigger Pockets, so please feel free to email me with any interest.
Thanks for checking it out!