MULTI UNIT/ 3 unit apartment building, fully rented. 3 studio/1 bedroom apt's; Conveniently located in nice section of Harrisburg. Annual Figures: Expenses: Utilities which include Water/Sewer/Trash, UGI Gas for "Hot Water Heater" and Common area Electric = $2,952.00 +Real Estate Taxes $2,074.00 + Dwelling Insurance $458.00 + Management Fee $1,464.00 + Maintenance $3,485.00 +Vacancy Rate based on 10% $2,000.00 (Building has not been vacant in years; Total Annual Estimated Expenses = $12,433.00 NET ANNUAL INCOME: $8,387.00 CAP RATE 9.4%.
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