533 Rife Street

    CHAMBERSBURG, PA 17201
    • $139,900
    • STATUS: Active
    • ON SITE: 20 days
    • ID#: PAFL168666
    UPDATED: 38 min ago
    $139,900
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,920
      SQFT
    • $73
      $/SQFT
    Type:
    Multi-Family
    Built:
    1957
    County:

    School Information

    Middle School:
    School District:

    Description

    Investors, this is NOT your typical duplex! This over/under property is very well maintained, updated, has a maintenance free exterior, off street parking, newer flooring, updated 200 amp electric and washer/dryer hookups in each unit. One 2 bedroom unit (880 SF) rents at $600/month and one 3 bedroom unit (1040 SF) rents at $700/month, both currently occupied. An off-street location provides tenant desirability with pull-up parking. Tenants pay individual electric, gas and trash. Owner pays building electric for outside lights, electric for forced air gas furnace (common to both units), water and sewer. Gross annual rent is $15,600 with annual operating expenses (insurance, taxes and owner utilities) of $4,600 yielding an annual cash flow of $11,000 (7.8% cap rate). SEE WALK-THROUGH VIDEO FOR ADDITIONAL LAYOUT/FLOW.

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    ©2019 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. 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: 2019-10-21T23:52:44.353.
    www.ultimatesellingteam.com/homes/99509210

    533 Rife Street CHAMBERSBURG, PA 17201

    • Price: $139,900
    • Status: Active
    • Updated: 38 min ago
    • ID#: PAFL168666
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1,920
    SQFT
    $73
    $/SQFT
    1957
    Built
    Neighborhood:
    Chambersburg Boro (14502)
    County:
    Franklin
    Area:
    Chambersburg Boro (14502)
    Middle School:
    Chambersburg Area
    High School:
    Chambersburg Area Senior
    School District:
    Chambersburg Area
    Property Description
    Investors, this is NOT your typical duplex! This over/under property is very well maintained, updated, has a maintenance free exterior, off street parking, newer flooring, updated 200 amp electric and washer/dryer hookups in each unit. One 2 bedroom unit (880 SF) rents at $600/month and one 3 bedroom unit (1040 SF) rents at $700/month, both currently occupied. An off-street location provides tenant desirability with pull-up parking. Tenants pay individual electric, gas and trash. Owner pays building electric for outside lights, electric for forced air gas furnace (common to both units), water and sewer. Gross annual rent is $15,600 with annual operating expenses (insurance, taxes and owner utilities) of $4,600 yielding an annual cash flow of $11,000 (7.8% cap rate). SEE WALK-THROUGH VIDEO FOR ADDITIONAL LAYOUT/FLOW.
    Exterior Features

    Architectural Style Raised Ranch/RamblerRanch/RamblerOther Construction Materials Stick BuiltVinyl Siding Garage YN No Other Structures Above GradeBelow Grade Parking Features Paved Driveway Parking Types Off Street Patio And Porch Features Deck(S)Patio(S) Pool No Pool Property Condition Shows Well Riparian Rights YN No Roof Architectural Shingle Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 1920 Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Window Unit(S) Flooring CarpetCeramic TileVinyl Heating Forced Air Heating YN Yes Interior Features CarpetCeiling Fan(S)Combination Kitchen/DiningCombination Dining/LivingCombination Kitchen/LivingKitchen - Eat-InKitchen - Island Single Room Units 0 Three Bedroom Units 1 Two Bedroom Units 1 Units Furnished None Walls Ceilings Dry Wall

    Property Features

    Acceptable Financing CashConventionalFha Accessibility Features None Assessment Year 2018 Association YN No Central Air YN No Cooling Fuel Electric Electric 200+ Amp Service Existing Lease Type Month To MonthYearly Gross Income 15600.00 Heating Fuel Natural Gas Hot Water Natural Gas Incorporated City Name Chambersburg Boro Navigable Water YN N Net Operating Income 10906.00 New Construction YN No Number Of Units Leased 2 Number Of Units Total 2 Number Of Units Vacant 0 Operating Expense 4694.00 Original MLSNumber 302076826488 Owner Pays InsuranceTaxes - Real EstateHeat Ownership Interest Fee Simple Possession Settlement Property Sub Type Duplex Sale Type Standard Sewer Public SewerGrinder Pump Structure Design Type Detached Tax Annual Amount 2300.0 Tax Assessment Amount 13630.0 Total Actual Rent 15600.00 Vacation Rental YN No Water Source Public Zoning R

    Listing courtesy of Coldwell Banker Residential Brokerage- Greencastle.
    ©2019 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. 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: 2019-10-21T23:52:44.353.
     
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