Harrisburg, PA 17111,2532-2534 DERRY ST
Harrisburg, PA 17111,2532-2534 DERRY ST
Harrisburg, PA 17111,2532-2534 DERRY ST
Harrisburg, PA 17111,2532-2534 DERRY ST
Harrisburg, PA 17111,2532-2534 DERRY ST
Harrisburg, PA 17111,2532-2534 DERRY ST
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$163,700

$185,000

11.5%
Est.Price: ?

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Est. payment /mo

3,245 SqFt


SOLD DATE : 11/25/2020

Key Details

Sold Price $163,700

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,245 sqft

Price per Sqft $50

MLS Listing ID PADA119758

Sold Date 11/25/20

Style Other

HOA Y/N N

Abv Grd Liv Area 2,657

Originating Board BRIGHT

Year Built 1917

Annual Tax Amount $2,500

Tax Year 2020

Lot Size 3,484 Sqft

Acres 0.08

Property Description

Welcome to 2532-2534 Derry St. Two separate duplexes in one deed. Total four units and one detached garage. Total annual income of $32,340 with annual cash flow of over $10,000 generating a 19% cash on cash return with 10% Cap rate. See profit loss statement for expenses and details. 2532-1 is a first floor apartment. It has a living room, full formal dining room, utility room, kitchen, fully-finished basement with 2 bedrooms and 1 bathroom. It also has a fenced backyard and covered porchin front. This unit is currently rented for $695/month and the yearly lease expires 6/30/2021. Photos are from before tenant moved in. 2532-2 is a second floor apartment. It is a one bedroom one bathroom unit with living room, kitchen, and balcony. This unit is currently rented for $600/month and the yearly lease expires 7/2021. 2534-1 is a first floor apartment. It is a two bedroom one bathroom unit with living room, kitchen, unfinished basement, and a detached garage. It has covered porch in front. This unit is currently rented for $750/month including garage rent and the lease expires 9/2021. Photos are from before tenant moved in. 2534-2 is a second floor apartment. It is a one bedroom one bathroom unit with living room, kitchen, and balcony. This unit is currently rented for $650/month and the tenant is on a month to month lease. All units are registered, inspected, and passed by codes department of city of Harrisburg. All units have electric baseboard heating with 4 electric water heater, 4 electric cooking ranges, 4 refrigerators and 2 water meters (1 per building). All appliances convey with the property sale. Window AC units owned by tenants. Owner pays water, sewer, trash, taxes, insurance, snow and lawn maintenance, rental registrations and landlord license. See profit loss statement for expenses and details.

Location

State PA

County Dauphin

Area City Of Harrisburg (14001)

Zoning RESIDENTIAL MED DENSITY

Rooms

Basement Full, Partially Finished

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Heat Source Electric

Exterior

Parking Features Garage - Front Entry

Garage Spaces 1.0

Water Access N

Accessibility None

Total Parking Spaces 1

Garage Y

Building

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

High Schools Harrisburg High School

School District Harrisburg City

Others

Tax ID 13-072-027-000-0000

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Jeffrey S Wright • Foundation First Property Group
Bought with Paul Snyder • Highland Realty Group LLC
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