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Listing Details

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MLS #
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Neighborhood
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Type
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Built
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County
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Area
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School Information

Elementary School
Middle School
High School
School District

Description

What a great real estate investment. Turn key in a convenient location. Brick 2-unit with two one bedroom apartments with porches and balcony. Tenants pay electric and gas. Each apartment has its own gas hot water heater, gas furnace and central air. Lots of new items and upgrades. Shingle roof new in 2013. New second floor central air unit in 2021. Two gas furnaces and two hot water heaters new in 2007. Upgraded electric services. Off street parking. Washer and dryer hookups in basement. Nice level rear yard. Rental Income $15,300. Operating expenses of $6114 which includes Water $1271. Sewer $1659. Trash $415. Insurance $700 and Taxes $2069. Net operating income $9,186. Should be a 8%+ cap return. Presently a 5.7% cap rate of return. This will not last long. See agent remarks for showing instructions.

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©2021 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 Realty ONE Group Unlimited. 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: 2021-09-18T23:52:54.843.
www.thinkpahomes.com/homes/120790271
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734 Hummel Avenue LEMOYNE, PA 17043

  • Price: $159,900
  • Status: Active
  • Updated: 21 min ago
  • ID#: PACB2002594
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1,452
SQFT
$110
$/SQFT
1920
Built
Neighborhood:
None Available
County:
Cumberland
Area:
Lemoyne Boro (14412)
Elementary School:
Washington Heights
Middle School:
New Cumberland
High School:
Cedar Cliff
School District:
West Shore
Property Description
What a great real estate investment. Turn key in a convenient location. Brick 2-unit with two one bedroom apartments with porches and balcony. Tenants pay electric and gas. Each apartment has its own gas hot water heater, gas furnace and central air. Lots of new items and upgrades. Shingle roof new in 2013. New second floor central air unit in 2021. Two gas furnaces and two hot water heaters new in 2007. Upgraded electric services. Off street parking. Washer and dryer hookups in basement. Nice level rear yard. Rental Income $15,300. Operating expenses of $6114 which includes Water $1271. Sewer $1659. Trash $415. Insurance $700 and Taxes $2069. Net operating income $9,186. Should be a 8%+ cap return. Presently a 5.7% cap rate of return. This will not last long. See agent remarks for showing instructions.
Exterior Features

Architectural Style Traditional Construction Materials Brick Garage YN No Other Structures Above GradeBelow Grade Parking Types Off Street Pool No Pool Property Condition Good Riparian Rights YN No Roof ShingleMetal Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1452 Appliances RefrigeratorOven/Range - Electric Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 840 Cooling Central A/C Fireplace YN No Heating Forced Air Heating YN Yes Inclusions 2 Stoves And 2 Refrigerators Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0

Property Features

Acceptable Financing ConventionalCash Accessibility Features 2+ Access Exits Assessment Year 2021 Central Air YN Yes Cooling Fuel Electric Electric Circuit Breakers Existing Lease Type Month To Month Foundation Details Stone Gross Income 15300.00 Heating Fuel Natural Gas Hot Water Natural Gas Municipality Lemoyne Boro Navigable Water YN N Net Operating Income 9186.00 New Construction YN No Number Of Units Leased 2 Number Of Units Total 2 Operating Expense 6114.00 Original MLSNumber 800982985746 Owner Pays WaterSewerTrash CollectionInsuranceTaxes - Real Estate Ownership Interest Fee Simple Possession Subject To Existing Lease Property Sub Type Duplex Sale Type Standard Sewer Public Sewer Structure Design Type Twin/Semi-Detached Tax Annual Amount 2069.00 Tax Assessment Amount 113400.00 Tax Lot 8 Total Actual Rent 15300.00 Trash Expense 0.00 Vacation Rental YN No Water Source Public Window Features ReplacementVinyl Clad Zoning Residential 2-Family

Listing courtesy of Re/Max Realty Associates.


©2021 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 Realty ONE Group Unlimited. 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: 2021-09-18T23:52:54.843.
 
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Realty ONE Group Unlimited
415 N. Prince St. Ste.100
Lancaster PA, 17603