Cape Cod house and 3 unit FULLY Rented. Turnkey! 13.5% CAP Rate!

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Cape Cod house and 3 unit FULLY Rented. Turnkey! 13.5% CAP Rate!

Investor · Harrisburg, PA · Member since 2014 · 142 posts · 18 votes


Fully Rented, Under-Rented 4 Unit. Just take the keys~

This 4 unit consists of a 4 bedroom single cape cod house and a 3 unit of 2 bedroom apartments. It also has a garage and workshop that could be rented for an additional $300/month.

Near Harrisburg, PA

The units can all be refreshed down the road and command more rent. They're currently under-rented. The cape cod is rented at $900 and should be at $1,100. The 2 bedroom units should be at $675. That would be an additional $3,720 a year.

Monthly INCOME: $3,115

Water: $150

Maintenance: $155

Lawn care: $75

Insurance: $167

Taxes: $333

Asking: $198,000 Appraised in 2013 for $240,000.

NET Monthly Income: $2,235 (13.5% CAP rate!)

*Only 1.5 hrs from Baltimore, 2 hrs from Philly, and 3 hrs from New York City.

Please message me for more pics and info.

I also have many more rental and flip opportunities that never make it to Bigger Pockets, so please feel free to email me with any interest.

Thanks for checking it out!  

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  • Investor · Atlanta, GA · Member since 2016 · 24 posts · 2 votes
    10y

    Please send me more information, thanks

    [email protected]

    Jay

  • Brooklyn, NY · Member since 2015 · 17 posts · 10 votes
    10y

    I'm interested as well, [email protected]. Thanks!

  • Edison, NJ · Member since 2015 · 10 posts · 0 votes
    10y
    Hi, I'm also interested. Provide me details [email protected]
  • Investor · Harrisburg, PA · Member since 2014 · 142 posts · 18 votes
    10y

    Thanks for getting in touch! Emails to come. :)

  • Linda LabbePro Member
    Investor · North Bay, Ontario · Member since 2015 · 709 posts · 262 votes
    10y

    would love to get  on your list and more info on this property to pls

  • Rental Property Investor · Washington/Texas · Member since 2016 · 104 posts · 12 votes
    10y

    @Kate Hall I'm interested too, can you send me more info on the deal

  • Little Neck, NY · Member since 2016 · 107 posts · 6 votes
    10y

    can you send me more info on the deal. [email protected]

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