36 N Earl St, Shippensburg, PA 17257

$219,900
2,598
SqFt

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List Price
$219,900
Price Change
▼ $10,000 1788204525
Days on Market
23
Status
ACTIVE
MLS#
PACB2057680
Living Area
2,598
Lot Size (Acres)
0.1
Style
Other
Year Built
1930
County
Cumberland
School District
Shippensburg Area

Property Description

THIS IS A 2-UNIT, UP-DOWN RENTAL DUPLEX IN DOWNTOWN SHIPPENSBURG WITHIN WALKING DISTANCE TO KING STREET, THE SHIPPENSBURG RAIL TRAIL EARL STREET ACCESS AND SHIPPENSBURG UNIVERSITY AND OLD MAIN. EACH APARTMENT HAS 4 BEDROOMS AND 1 FULL BATH. TOTAL RENT IS $2100 PER MONTH. UNIT A IS ON A YEAR LEASE TILL 4/30/2027. UNIT B IS A M2M LEASE SINCE 3/1/2021. TENANTS PAY ALL UTILITIES; WATER, SEWER, TRASH, RECYCLING, NATURAL GAS HEAT AND ELECTRIC. OWNER PAYS FOR LAWN CARE AND SNOW REMOVAL. ALL KITCHEN APPLIANCES AND LAUNDRY CONVEY WITH SALE. EACH APARTMENT HAS ITS OWN NATURAL GAS FURNACE. OFF STREET PARKING IN THE REAR FOR 6-8 VEHICLES WITH ALLY ACCESS OFF NORTH EARL STREET AND NORTH SENECA STREET TO THE REAR. THIS HAS BEEN AN EXCEPTIONAL PERFORMING RENTAL INVESTMENT FOR US WITH A VERY LOW VACANCY RATE. EXCEPTIONAL LOCATION APPEALS TO BOTH COLLEGE STUDENT TENANTS AND FAMILIES. AND 4 BEDROOMS ALLOWS FOR A HIGHER INCOME CEILING FOR INVESTORS.

Additional Information

Area
Shippensburg Boro (14432)
Taxes
$2760
School District
Shippensburg Area
High School
Shippensburg Area
Flooring
Luxury Vinyl Plank, Vinyl, Carpet
Heating
Steam, Hot Water
Heating Fuel
Natural Gas
Cooling
None
Roof
Architectural Shingle
Water
Public
Sewer
Public Sewer
Basement
Yes

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Calculator source: Real Geeks

Listing courtesy of Jalex Real Estate Services LLC. Contact:

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