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Turn Key 6 unit Multifamily 115 S 24th St 6 Unit Apartment Building $1,200,000 ($200,000/Unit) Camp Hill, PA 17011



Investment Highlights
- Highly Desirable location in Camp Hill
- Large Renovated Units
- Immaculately maintained building
- Six Units Turn Key Condition
Executive Summary
Excellent opportunity to acquire a stabilized, turn key 6-unit Multifamily property.
This property has been immaculately maintained by long time owners, and is a turn key asset. The apartments consist of 4 (3) bedroom, 2 bath units and 2 (2) bedroom, 1 bath units. The units have been nicely updated over the years, and are fully leased less one unit open for showings, with many tenants being long term. There is opportunity to grow rents to market rents with little work to be done, as the property is in great condition.
On site parking for 8 cars plus generous on street parking. Laundry is located in basement, with 3 units having private laundry hookups, and a coin op machine shared with the remaining 3 units. There is 5 storage units, which is included in rent for the larger units and used by Landlord.
Most major components of the building have been updated in the last 8 years, including roof, windows, electric panels, storm doors, deck & stairs, water heater, and some heat units. The heat is efficient gas with separate meters for each tenant, and built in AC units. There are 7 gas meters and 7 electric meters, one for each unit and a house meter.
Incredible location in the heart of Camp Hill, directly across from Camp Hill High School. Walkable to all the best of Camp Hill, quiet streets and parks. Access to all major highways close by, and just a short drive across the river to the Capitol. With every convenience tenant could want within only a 5 min drive, this building stays full with long time quality residents. Camp Hill is one of the best locations within the Harrisburg metro area, with easy access to Harrisburg airport and a host of major employers.
This property has been immaculately maintained by long time owners, and is a turn key asset. The apartments consist of 4 (3) bedroom, 2 bath units and 2 (2) bedroom, 1 bath units. The units have been nicely updated over the years, and are fully leased less one unit open for showings, with many tenants being long term. There is opportunity to grow rents to market rents with little work to be done, as the property is in great condition.
On site parking for 8 cars plus generous on street parking. Laundry is located in basement, with 3 units having private laundry hookups, and a coin op machine shared with the remaining 3 units. There is 5 storage units, which is included in rent for the larger units and used by Landlord.
Most major components of the building have been updated in the last 8 years, including roof, windows, electric panels, storm doors, deck & stairs, water heater, and some heat units. The heat is efficient gas with separate meters for each tenant, and built in AC units. There are 7 gas meters and 7 electric meters, one for each unit and a house meter.
Incredible location in the heart of Camp Hill, directly across from Camp Hill High School. Walkable to all the best of Camp Hill, quiet streets and parks. Access to all major highways close by, and just a short drive across the river to the Capitol. With every convenience tenant could want within only a 5 min drive, this building stays full with long time quality residents. Camp Hill is one of the best locations within the Harrisburg metro area, with easy access to Harrisburg airport and a host of major employers.
Property Facts Under Contract
| Price | $1,200,000 | Apartment Style | Low-Rise |
| Price Per Unit | $200,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.39 AC |
| No. Units | 6 | Building Size | 6,800 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1965 |
| Zoning | MDR - Medium-Density Residential. | ||
| Price | $1,200,000 |
| Price Per Unit | $200,000 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.39 AC |
| Building Size | 6,800 SF |
| No. Stories | 2 |
| Year Built | 1965 |
| Zoning | MDR - Medium-Density Residential. |
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Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 01-21-0271-581 | Improvements Assessment | $240,000 |
| Land Assessment | $156,600 | Total Assessment | $396,600 |
Property Taxes
Parcel Number
01-21-0271-581
Land Assessment
$156,600
Improvements Assessment
$240,000
Total Assessment
$396,600
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Turn Key 6 unit Multifamily | 115 S 24th St
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