9 WASHINGTON ST W, Chambersburg, PA 17201 – PAFL2020478

$355,000

Est. payment -/mo

$349,900

1.5%

Est.Price: ?

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3,750 SqFt

SOLD DATE : 08/14/2024

Key Details

Sold Price $355,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 3,750 sqft

Price per Sqft $94

MLS Listing ID PAFL2020478

Sold Date 08/14/24

Originating Board BRIGHT

Year Built 1956

Annual Tax Amount $4,989

Tax Year 2022

Lot Size 1,742 Sqft

Acres 0.04

Property Description

Calling all investors! Three story, fully occupied, six unit apartment building, located in the heart of Chambersburg! Each unit is comprised of one bedroom, kitchen, living room and full bath. All utilities are separately metered and tenants pay all. There are 6 deeded off street parking spaces, that convey. Windows have been replaced. Rents are currently under market value. The annual income is currently about $42k. This property is being sold at a 9% cap rate. Overall this apartment building represents a solid investment opportunity, with a fully occupied status, separate metered utilities and 6 deeded off street parking spaces. Don't miss out on this one! Square footage is estimated.

Location

State PA

County Franklin

Area Chambersburg Boro (14502)

Zoning CC

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Heat Source Electric

Exterior

Garage Spaces 6.0

Waterfront N

Water Access N

Roof Type Other

Accessibility None

Total Parking Spaces 6

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Chambersburg Area

Others

Tax ID 05-1E-1-57

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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Don Perrin

don@milvets.us +1(703) 819-4655

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by Kelli S Stouffer • RE/MAX Realty Agency, Inc.
Bought with MICHAEL BRADDOCK • Keller Williams of Central PA

Don Perrin

Agent | License ID: 0225222228

+1(703) 819-4655