Bought with LOUANN R KELLY • Keller Williams of Central PA
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Key Details
Sold Price $315,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $175
MLS Listing ID PACB2042648
Style Traditional
Year Built 1910
Annual Tax Amount $2,915
Tax Year 2024
Lot Size 3,920 Sqft
Property Sub-Type Detached
Property Description
An exceptional opportunity awaits investors with this well-maintained 4-unit property in the heart of Carlisle, PA, just steps from Dickinson College. A longtime favorite for Dickinson Law School students, this property offers rock-solid rental demand with all four units currently occupied. The building features three fully furnished studio apartments and one fully furnished one-bedroom apartment. Unit 3 includes a private balcony for added tenant appeal. A rear garage with electric provides additional storage or potential workshop space. Now priced at an 8% CAP RATE with significant upside potential! With its prime location, consistent occupancy, and proven rental history, this is an opportunity that's hard to beat for investors seeking steady cash flow and long-term appreciation.
Location
Province PA
County Cumberland
Area Carlisle Boro (14402)
Zoning R4 - TOWN CENTER RES.
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling Window Unit(s), Wall Unit, Ceiling Fan(s)
Equipment Microwave, Oven/Range - Gas, Range Hood, Refrigerator, Water Heater - High-Efficiency
Exterior
Utilities Available Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available
Water Access N
Roof Type Metal,Shingle
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
High Schools Carlisle Area
School District Carlisle Area
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Kory Prince
Owner/Director of Operations | -V61339
Owner/Director of Operations -V61339