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Updated about 8 years ago,

User Stats

142
Posts
18
Votes
Kate Hall
Pro Member
  • Investor
  • Harrisburg, PA
18
Votes |
142
Posts

17% CAP Rate! Midtown Harrisburg 2 unit. Property Mgmt. in place!

Kate Hall
Pro Member
  • Investor
  • Harrisburg, PA
Posted

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!

  • Kate Hall
  • Offering

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