2unit, fully reno, 3/1 & 2/1, walking distance to college, 9.5cap

[Jason Stutenroth]

Investor turnkey special. Recently renovated in 2006, this 2 unit apartment building is in excellent condition. 1st Fl. unit has 2 BR and 1 BA. 2nd Fl. unit has 3 BR and 1 BA. Features include vaulted ceiling, laundry hook ups for each unit, access to public transportation, walking distance to Penn State University Dickinson Law School. Great investment opportunity. Property is currently vacant allowing for new owners to place qualified tenants, potential of producing $11,401 net operating income and a 9.5% capitalization rate (after accounting for 5% vacancy and standard expenses).

https://matrix.brightmls.com/matrix/share

d/bcQHnDr8sc/211NPittSTREET

Keywords: Carlisle, Pennsylvania, Multifamily, Rental, Greater Harrisburg Area, 2-3 hour commute to major metros, Philadelphia, Washington DC, and Baltimore.