NOT LISTED FOR SALE
-- Bed
-- Bath
5,640 Sq Ft
0.28 Acres

Last Sold November 02, 2016

Last sale price $293,000 $52 Per Sq Ft

8 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • Radiant Heating System

About This Home

As of November 2016

6-unit apartment buildings for sale in Swatara Township. Each building includes five 2-bedroom units and one 1-bedroom unit. Current rents are considerably below market rental rates. See attached Fact Sheet for an APOD for both current rents and projected rents. 8.3% Cap Rate based on projected rents. Property to be sold together with 5641 Lancaster St.

Last Agent to Sell the Property

Jimmy Koury

RSR, REALTORS, LLC License #AB068844 Listed on: 09/06/2016

Last Buyer's Agent

Jon Judson

ADP Realty & Property Management LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,096

Year Built

  • Built in 1970

Lot Details

  • 0.28

Parking

  • Off-Street Parking

Home Design

  • 5,640 Sq Ft Home
  • Aluminum Siding

Kitchen

  • Gas Oven or Range

Schools

  • Lawnton Elementary School
  • Swatara Middle School
  • Central Dauphin East High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiant Heating System
  • 100 Amp Service

Listing and Financial Details

  • Tenant pays for cable TV, electricity, heat, hot water
  • The owner pays for real estate taxes, repairs
  • Assessor Parcel Number 630690670000000

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Electric Expense $1,441
  • Insurance Expense $2,790
  • Maintenance Expense $3,000
  • Manager Expense $1,770
  • Trash Expense $1,050
  • Net Operating Income $17,193

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,096

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1970
  • Remarks Public: 6-unit apartment buildings for sale in Swatara Township. Each building includes five 2-bedroom units and one 1-bedroom unit. Current rents are considerably below market rental rates. See attached Fact Sheet for an APOD for both current rents and projected rents. 8.3% Cap Rate based on projected rents. Property to be sold together with 5641 Lancaster St.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator
  • Fireplace: No
  • Total Sq Ft: 5640
  • Living Area Sq Ft: 5640
  • Price Per Sq Ft: 55.32
  • Above Grade Finished Sq Ft: 5640
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 5631

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Cooling: Yes
  • Electric Expense: 1441.00
  • Electric Service: 100 Amp Service
  • Heating Type: Radiant
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 3700.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No
  • Professional Management Expense: 1770.00

Schools

  • School District: CENTRAL DAUPHIN
  • Elementary School: LAWNTON
  • Middle School: SWATARA
  • High School: CENTRAL DAUPHIN EAST
  • School District Key: 300200397406
  • Elementary School: LAWNTON
  • High School: CENTRAL DAUPHIN EAST
  • Middle Or Junior School: SWATARA

Lot Info

  • Zoning Description: Residential

Rental Info

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

Multi Family

  • Gross Income: 35466.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

Tax Info

  • Assessor Parcel Number: 10619448
  • Tax Annual Amount: 4096.00
  • Assessor Parcel Number: 630690670000000
  • Tax Year: 2016
  • Close Date: 11/02/2016

MLS Schools

  • School District Name: CENTRAL DAUPHIN

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 Change Sq Ft Price
11/02/2016 11/02/16 Sold $293,000 -6.1% $52 / Sq Ft
09/14/2016 09/14/16 Pending -- -- --
09/06/2016 09/06/16 For Sale $312,000 -- $55 / Sq Ft
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: 1002748329

Bright MLS

APN: 63-069-067