115 S 24th St - Apartments FOR SALE


Camp Hill, PA 17011
$1,200,000 USD
717-819-2825
115 S 24th St, Camp Hill, PA for Sale
$1,200,000 USD
Apartments - FOR SALE
1/30
null | Request Cap Rate

115 S 24th St
Camp Hill, PA 17011


HIGHLIGHTS

  • Highly Desirable location in Camp Hill
  • Immaculately maintained building
  • Large Renovated Units
  • Six Units Turn Key Condition

OVERVIEW

Excellent opportunity to acquire a stabilized, turn key 6-unit Multifamily property. This property has been immaculately maintained by long time owners, and is a turn key asset. The apartments consist of 4 (3) bedroom, 2 bath units and 2 (2) bedroom, 1 bath units. The units have been nicely updated over the years, and are fully leased less one unit open for showings, with many tenants being long term. There is opportunity to grow rents to market rents with little work to be done, as the property is in great condition. On site parking for 8 cars plus generous on street parking. Laundry is located in basement, with 3 units having private laundry hookups, and a coin op machine shared with the remaining 3 units. There is 5 storage units, which is included in rent for the larger units and used by Landlord. Most major components of the building have been updated in the last 8 years, including roof, windows, electric panels, storm doors, deck & stairs, water heater, and some heat units. The heat is efficient gas with separate meters for each tenant, and built in AC units. There are 7 gas meters and 7 electric meters, one for each unit and a house meter. Incredible location in the heart of Camp Hill, directly across from Camp Hill High School. Walkable to all the best of Camp Hill, quiet streets and parks. Access to all major highways close by, and just a short drive across the river to the Capitol. With every convenience tenant could want within only a 5 min drive, this building stays full with long time quality residents. Camp Hill is one of the best locations within the Harrisburg metro area, with easy access to Harrisburg airport and a host of major employers.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$176 USD /SF

# OF UNITS

6

PRICE/UNIT

$200,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Turn Key 6 unit Multifamily

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

MDR

APN/PARCEL ID

01-21-0271-581

ASK ABOUT THIS PROPERTY

Naomi BrownCapstone CommercialMore Info
717-819-2825

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Naomi BrownCapstone CommercialMore Info
717-819-2825

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.