Single Family Residence For Sale - 36 N EARL ST, SHIPPENSBURG, PA 17257
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THIS IS A 2-UNIT, UP-DOWN RENTAL DUPLEX IN DOWNTOWN SHIPPENSBURG WITHIN WALKING DISTANCE TO KING STREET, THE SHIPPENSBURG RAIL TRAIL EARL STREET ACCESS AND SHIPPENSBURG UNIVERSITY AND OLD MAIN. EACH APARTMENT HAS 4 BEDROOMS AND 1 FULL BATH. TOTAL RENT IS $1895 PER MONTH. UNIT A IS ON A YEAR LEASE TILL 4/30/2027. UNIT B IS A M2M LEASE SINCE 3/1/2021. TENANTS PAY ALL UTILITIES; ELECTRIC, WATER, SEWER, TRASH, RECYCLING, NATURAL GAS HEAT AND ELECTRIC. OWNER PAYS FOR LAWN CARE AND SNOW REMOVAL. ALL KITCHEN APPLIANCES AND LAUNDRY CONVEY WITH SALE. EACH APARTMENT HAS ITS OWN NATURAL GAS FURNACE. OFF STREET PARKING IN THE REAR FOR 6-8 VEHICLES WITH ALLY ACCESS OFF NORTH EARL STREET AND NORTH SENECA STREET TO THE REAR. THIS HAS BEEN AN EXCEPTIONAL PERFORMING RENTAL INVESTMENT FOR US WITH A VERY LOW VACANCY RATE. EXCEPTIONAL LOCATION APPEALS TO BOTH COLLEGE STUDENT TENANTS AND FAMILIES. AND 4 BEDROOMS ALLOWS FOR A HIGHER INCOME CEILING FOR INVESTORS.
Property Features
Location
Directions: FROM TOWN CENTER KING STREET-EARL STREET, NORTH ON EARL STREET TOWARD SHIPPENSBURG UNIVERSITY MAIN ENTRANCE. HOUSE ON LEFT HALF BLOCK FROM RAIL TRAIL ACCESS AND ONE BLOCK TO OLD MAIN.
Market Area: Shippensburg Boro (14432)
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