Steelton, PA 17113,345 S FRONT ST

$240,000

$240,000

Est.Price: ?

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Est. payment /mo

2,858 SqFt


SOLD DATE : 01/13/2022

Key Details

Sold Price $240,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 2,858 sqft

Price per Sqft $83

Subdivision Steelton Borough

MLS Listing ID PADA2000235

Sold Date 01/13/22

Style Traditional

Abv Grd Liv Area 2,858

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $1,730

Tax Year 2021

Lot Size 2,613 Sqft

Acres 0.06

Property Description

This is a 4 unit multi-unit. Two 1 bedroom and 1 bath currently rented for $695 and $725. One 2 bedroom and 1 bath currently rented for $720. One 3 bedroom and 1 bath currently rented for $850. 2 Off-street parking spaces. Total rents are $2985 with a potential rent of $3245.
For the entire package: total of 17 buildings with 25 residential units and 1 garage rental. Current gross income is $238,008. Current Net income is $164,681. Current cap rate is 8.5% and proforma cap rate is 10.4%. Owner has renovated several of the units recently. See associated docs, it has single family and multi units separated.

Location

State PA

County Dauphin

Area Steelton Boro (14057)

Zoning RESIDENTIAL

Interior

Hot Water Electric

Heating Forced Air, Baseboard - Electric

Cooling None

Heat Source Electric, Natural Gas

Exterior

Garage Spaces 2.0

Waterfront N

Water Access N

Accessibility None

Parking Type Off Street, On Street

Total Parking Spaces 2

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

High Schools Steelton-Highspire Jr-Sr High School

School District Steelton-Highspire

Others

Tax ID 58-014-040-000-0000

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 Wendell Hoover • Iron Valley Real Estate of Central PA
Bought with ERICA E RAWLS • Keller Williams of Central PA
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