2 Bedroom Duplex in the Borough of Chambersburg! Check out this over/under duplex that's just oozing with potential! Tucked back a quiet alley you'll forget you're conveniently located right in the heart of Chambersburg. The first floor apartment offers 2 bedrooms with a spacious kitchen and separate laundry room. The second floor apartment has three bedroom plus their own washer and dryer hook ups in the kitchen. Talk about convenient! Large yard with storage shed and plenty of off-street parking. Owner pays common electric (outside lights), water, sewer, and gas for shared water heater.
Multi-familyProperty Type
1957Year Built
6,534 sq ftLot Size
$113Est. Price/Sq.Ft.
4 spacesParking
Listed by Jennifer Martin• Whitetail Mountain Real Estate, Inc.
•717-328-5550 (broker)
Listed by Kim Richardson• Whitetail Mountain Real Estate, Inc.
•717-328-5550 (broker)
Bought with Donald Beynon• Realty One Group Golden Key
Investors, this is NOT your typical duplex! This over/under property is very well maintained, updated, has a maintenance free exterior, off street parking, newer flooring, updated 200 amp electric and washer/dryer hookups in each unit. One 2 bedroom unit (880 SF) rents at $600/month and one 3 bedroom unit (1040 SF) rents at $700/month, both currently occupied. An off-street location provides tenant desirability with pull-up parking. Tenants pay individual electric, gas and trash. Owner pays building electric for outside lights, electric for forced air gas furnace (common to both units), water and sewer. Gross annual rent is $15,600 with annual operating expenses (insurance, taxes and owner utilities) of $4,600 yielding an annual cash flow of $11,000 (7.8% cap rate). SEE WALK-THROUGH VIDEO FOR ADDITIONAL LAYOUT/FLOW.