Investor alert – 9.8% cap rate! Currently section 8 tenant occupied. Long term tenant wishes to stay in the property and transfer lease to the new owner. Current rent is $1,300/month but it is under market value and under HUD Fair Market Rent guidelines. Owner has installed a new shingled roof on the front of property AND a new rubber roof on 3rd floor as well as a new subfloor and LVP flooring in the kitchen. Water heater installed April 2020.
Property Type :
Residential
Subdivision :
None Available
County :
DAUPHIN
Style :
Residential
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ByOwner last updated this listing 05/18/2024 @ 00:12
MLS: PADA2033406
LISTED BY: JP SHAW , Coldwell Banker Realty
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
