Two Unit Apartment Building

[Jason Stutenroth]

New Listing:

This two unit apartment building has been well maintained and is great for the investor looking to grow his/her portfolio. Carlisle is up and coming as it continues to attract new businesses and residents. Property is currently vacant allowing for the new owner to place his/her own tenants. When occupied, this multifamily is projected to produce a NOI of around $11,257 and a cap rate of 7.04% (allowing for 5% vacancy and standard operating expenses). Features: Each unit is metered separately, ramp to first floor unit, off street parking fenced in back yard, walking distance to parks amenities and public transportation.

https://www.homesnap.com/PA/Carlisle/303-N-East-St...

Carlisle, Pennsylvania, Greater Harrisburg Area, Multifamily.