638 S 2ND STREET
STEELTON, PA 17113

$299,900

Number of Units: 4
Type: Multi-Unit Residential
Listing #PADA2031168
Welcome to this prime investment opportunity in Steelton, PA! This well-maintained 4-unit apartment building is a lucrative addition to your portfolio. All units are currently occupied, providing immediate cash flow, and there is significant potential for increased rental income.Location: Situated in the heart of Steelton, PA, this property is conveniently located with easy access to local amenities, schools, and major transportation routes.Unit Mix: The building consists of 1 commercial unit, ideal for a business or office space, as well as 1 spacious 1-bedroom unit and 2 comfortable 2-bedroom units. This diverse unit mix caters to a range of tenant needs.Occupancy: All units are currently occupied, ensuring a steady income stream from day one. The stability of existing tenants provides a solid foundation for a seamless transition of ownership.Upward Rent Potential: There is untapped potential for increased rental income. With the current market trends and the demand for housing in the area, strategic rent adjustments can be implemented to maximize returns.Maintenance: The property has been well-maintained, minimizing immediate capital expenditures for the new owner.Whether you're an experienced investor or just entering the real estate market, this property offers a compelling opportunity for financial growth. Don't miss out on the chance to add this income-generating asset to your investment portfolio. Contact us today to schedule a viewing and explore the potential of this Steelton gem!
Listing Courtesy of: Keller Williams of Central PA (717) 761-4300
Property Features
Location Information
County: DAUPHIN
Municipality: STEELTON BORO
Latitude: 40.22695
Longitude: -76.82914
MLS Area: Steelton Boro (14057)
Interior Features
Heating: Baseboard - Hot Water, Baseboard - Electric
Heating Fuel: Natural Gas, Electric
Cooling: None
Water Heater: Electric
Basement Description: Unfinished
Has Basement: Yes
Number of 1 Bedroom Units: 1
Number of 2 Bedroom Units: 2
Number of 3 Bedroom Units: 0
Total Number of Units: 4
Exterior Features
Is New Construction: No
Foundation: Block
Septic or Sewer: Public Sewer
Water: Public
Has Garage: No
Lot Size in Acres: 0.09
Zoning: C04 - STORE/OFFICE WITH A
School
High School: STEELTON-HIGHSPIRE JR-SR HIGH SCHOOL
Additional Information
ListDate: 2024-02-22 00:00:00.0
Property SubType: Quadruplex
Year Built: 1900
Status: Active
Tax Year: 2022
Tax Amount: $5,232


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Monthly Insurance: $
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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BRIGHT(MRIS/Trend) data last updated at May 19, 2024 10:47 PM ET