2532-2534 DERRY ST Harrisburg, PA 17111

Welcome to 2532-2534 Derry St. Two separate duplexes in one deed. Total four units and one detached garage. Total annual income of $32,340 with annual cash flow of over $10,000 generating a 19% cash on cash return with 10% Cap rate. See profit loss statement for expenses and details. 2532-1 is a first floor apartment. It has a living room, full formal dining room, utility room, kitchen, fully-finished basement with 2 bedrooms and 1 bathroom. It also has a fenced backyard and covered porchin front. This unit is currently rented for $695/month and the yearly lease expires 6/30/2021. Photos are from before tenant moved in. 2532-2 is a second floor apartment. It is a one bedroom one bathroom unit with living room, kitchen, and balcony. This unit is currently rented for $600/month and the yearly lease expires 7/2021. 2534-1 is a first floor apartment. It is a two bedroom one bathroom unit with living room, kitchen, unfinished basement, and a detached garage. It has covered porch in front. This unit is currently rented for $750/month including garage rent and the lease expires 9/2021. Photos are from before tenant moved in. 2534-2 is a second floor apartment. It is a one bedroom one bathroom unit with living room, kitchen, and balcony. This unit is currently rented for $650/month and the tenant is on a month to month lease. All units are registered, inspected, and passed by codes department of city of Harrisburg. All units have electric baseboard heating with 4 electric water heater, 4 electric cooking ranges, 4 refrigerators and 2 water meters (1 per building). All appliances convey with the property sale. Window AC units owned by tenants. Owner pays water, sewer, trash, taxes, insurance, snow and lawn maintenance, rental registrations and landlord license. See profit loss statement for expenses and details.