$ 375,000
-
$375,000
Price -
0
Bed -
0
Bath -
6,507
SqFt
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About the Listing ANTM1 - 3351519
Five-unit apartment building in downtown Chambersburg at $75,000 per unit. Three 2BR/1BA, one 2BR/1.5BA, one 1BR/1BA. Four units leased at $3,475/month ($41,700/year); trailing 12-month gross income $48,233. Apartment 2 (2BR/1.5BA) is vacant and needs only paint and minor repairs, projecting to $1100/month and bringing scheduled rent to $4,575/month ($54,900/year). Several in-place rents were set years ago and sit below market, adding a second path to higher income at turnover. T12 operating expenses $13,057 before taxes and insurance. One recently replaced gas furnace heats the building; owner pays heat, water, sewer and trash, tenants pay their own electric. Apartment 4 has held the same tenant since 2010. T12 statements, rent roll and leases available on request. Schedule your showing today, you do not want to miss out on this!
Listing Highlights
Status
Pending
Days on Site
17
Property Type
Commercial Sale
MLS ®
PAFL2037408
Year Built
1900
Total Square Footage
6,507
Lot/Acreage
0.08
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Radiator
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: CC
- Roof:
- Others:
- Sewer: Private Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $5,544
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
148 E Queen St Chambersburg, PA 17201
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