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    1200-1208 Chestnut Street

    HARRISBURG, PA 17104
    • $525,000
    • STATUS: Active Under Contract
    • ON SITE: 55 days
    • ID#: PADA125230
    Under Contract
    UPDATED: 55 min ago
    $525,000
    • 0
      BEDS
    • 0.46
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1900
    County:

    School Information

    High School:
    School District:

    Description

    1200-1208 Chestnut St is 5 separate parcels being sold together with a total of 17 units. 16 units are 1 bedrooms and 1 is a 2 bedroom. All 17 units are occupied and current on their rent as of 8/31/2020. The pictures reflect a unit that has been completely updated. Being sold at an 11% CAP Rate.$9452 in yearly rent5% vacancy assumption. Water = $870 per month, $10440 per yearCommon electric: $250 per month, $3000 per yearTrash = $442 per month, $5304 per yearTax = $7819 per yearManagement - 6%, $1200 per month, $6465 per yearMaintenance -$14400 a yearInsurance = $2268 per year

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    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Mike Coleman Team | Keller Williams Realty Devon-Wayne. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-10-26T18:50:48.943.
    www.mikecolemanteam.com/homes/109549722
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    1200-1208 Chestnut Street HARRISBURG, PA 17104

    • Price: $525,000
    • Status: Active Under Contract
    • Updated: 55 min ago
    • ID#: PADA125230
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.46
    Acres
    1900
    Built
    Neighborhood:
    City Of Harrisburg (14001)
    County:
    Dauphin
    Area:
    City Of Harrisburg (14001)
    High School:
    Harrisburg High School
    School District:
    Harrisburg City
    Property Description
    1200-1208 Chestnut St is 5 separate parcels being sold together with a total of 17 units. 16 units are 1 bedrooms and 1 is a 2 bedroom. All 17 units are occupied and current on their rent as of 8/31/2020. The pictures reflect a unit that has been completely updated. Being sold at an 11% CAP Rate.$9452 in yearly rent5% vacancy assumption. Water = $870 per month, $10440 per yearCommon electric: $250 per month, $3000 per yearTrash = $442 per month, $5304 per yearTax = $7819 per yearManagement - 6%, $1200 per month, $6465 per yearMaintenance -$14400 a yearInsurance = $2268 per year
    Exterior Features

    Construction Materials Brick Garage YN No Parking Types On Street Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 2404.00 Cooling None Heating Baseboard - Electric Heating YN Yes Net Square Feet 12000.00

    Property Features

    Acceptable Financing CashConventional Accessibility Features None Assessment Year 2020 Association YN No Business Type Apartment Building Central Air YN No Cooling Fuel None Heating Fuel Electric Hot Water Natural Gas Incorporated City Name City Of Harrisburg Navigable Water YN N New Construction YN No Number Of Units Total 17 Original MLSNumber 304271842865 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 9200.00 Tax Assessment Amount 38400.00 Vacation Rental YN No Water Source Public Zoning R12

    Listing courtesy of Slatehouse.


    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Mike Coleman Team | Keller Williams Realty Devon-Wayne. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-10-26T18:50:48.943.
     
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    The Mike Coleman Team | Keller Williams Realty Devon-Wayne
    216 E. Lancaster Ave.
    Wayne PA, 19087