NOT LISTED FOR SALE

15 E Burd St Shippensburg, PA 17257

-- Bed
7 Baths
-- Sq Ft
10,454 Sq Ft Lot

Last Sold December 30, 2016

Last sale price $480,000

Highlights

  • No HOA
  • Living Room
  • Outdoor Storage
  • Porch
  • Home Security System
  • Laundry Facilities

About This Home

As of December 2016

EIGHT 3 BEDROOM APARTMENTS ONLY 1 BLOCK FROM CAMPUS. WHAT AN OPPORTUNITY! Fully Leased for 2016-2017 academic year. Exceptionally maintained property. Each apartment has 1 covered parking space. Owner has experienced 99%+ occupancy. Coin operated laundry for additional income. All 8 units have identical layout. Two unit bldg on Earl Street also available and provides additional parking spaces.

Last Agent to Sell the Property

Bill Morrow

(717) 645-0955 billmorrow54@gmail.com BrokersRealty.com World Headquarters Listed on: 07/19/2016

Last Buyer's Agent

Bill Morrow

(717) 645-0955 billmorrow54@gmail.com BrokersRealty.com World Headquarters Listed on: 07/19/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,778

Year Built

  • Built in 1920

Lot Details

  • 10,454

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Fiberglass Roof
  • Asphalt Roof
  • Vinyl Siding

Kitchen

  • Gas Oven or Range
  • Stove
  • Disposal

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • Shippensburg Area Middle School
  • Shippensburg Area High School

Utilities

  • 200+ Amp Service
  • Cable TV Available

Additional Features

  • Living Room
  • 10,454 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable TV, cooking fuel, electricity, heat, hot water, gas
  • The owner pays for real estate taxes, repairs
  • Assessor Parcel Number 33331867002

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Amenities

  • Laundry Facilities

Building Details

  • Electric Expense $665
  • Fuel Expense $2,803
  • Insurance Expense $3,600
  • Maintenance Expense $16,674
  • Other Expense $350
  • Operating Expense $6,200
  • Net Operating Income $49,951

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,778

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Other Expense: 350.00
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator, Disposal, Oven - Single, Stove
  • Fireplace: No
  • Room List: Living Room, Kitchen, Bedroom 6
  • Basement: No

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Construction Completed: No
  • Exterior Features: Secure Storage
  • Roof: Fiberglass, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Expense: 665.00
  • Electric Service: 200+ Amp Service, Circuit Breakers, Fuses
  • Heating Fuel: Natural Gas
  • Security: Security System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Sewer Expenses: 3539.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Laundry Facilities
  • HOA: No

Schools

  • High School: SHIPPENSBURG AREA
  • Middle Or Junior School: SHIPPENSBURG AREA

Lot Info

  • Lot Size Acres: 0.24
  • Outdoor Living Structures: Porch(es)
  • Zoning Description: Apartment,Commercial

Rental Info

  • Lease Term: 12 Months
  • Owner Pays: Taxes - Real Estate, Repairs
  • Tenant Pays: Cable Tv, Cooking Fuel, Electricity, Heat, Hot Water, Gas
  • Vacation Rental: No

Multi Family

  • Fuel Expense: 2803.00
  • Gross Income: 86000.00
  • Metering: Fully Separate
  • Operating Expense: 6200.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Assessor Parcel Number: 11152893
  • Tax Annual Amount: 5778.00
  • Assessor Parcel Number: 33331867002
  • Tax Year: 2016

MLS Schools

  • School District Name: SHIPPENSBURG AREA

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2016 12/30/16 Sold $480,000 -8.6% --
11/01/2016 11/01/16 Pending -- -- --
07/19/2016 07/19/16 For Sale $525,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002747841

Bright MLS