$770,000

153 S 32ND ST, Camp Hill, PA 17011

  • 4,212 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon8,712sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $183/sqft
  • Property List Date Icon Listed 3 days ago

Property Description

Presenting a turn-key investment opportunity at 153 S 32nd Street, Camp Hill, PA 17011. This fully occupied, mixed-use property is located in the heart of Camp Hill Borough and features one main-level commercial office space and two medium-term Airbnb rental units on the upper floors. All three units are fully furnished and income-producing. The first-floor commercial space benefits from strong visibility with an estimated traffic count of 40,000 vehicles per day and was designed with the flexibility to be converted into a three-bedroom residential unit if desired. The property was completely gutted and renovated between 2022 and 2023, resulting in significantly reduced maintenance requirements. Renovations include all new windows, appliances, lifetime LVP flooring, spray foam insulation throughout, new roof and siding, deck installation, and engineered drawings with MEPs. All major systems have been upgraded: electrical (four separate panels), plumbing, HVAC (including a new heat pump and AC condenser in 2024), and two new water heaters. The property also includes a 28’ x 28’ two-car garage, nine off-street parking spaces, and additional curb parking. Strategically located near local businesses and amenities, this investment offers consistent rental income with minimal capital expense. The property delivers a Net Operating Income (NOI) of $53,212.50 and a capitalization rate of 6.91%.

Listing Status:
Active
Listing Office:
Straub & Associates Real Estate : 7176129901
Listing Agent:
Jack Straub : 7175144603
MLS ID:
PACB2044044
  • Flooring: CarpetVinyl
  • A/C: Central A/C
  • Heating: Forced AirHeat Pump(s)Natural GasElectric
  • Disability Feature: 2+ Access ExitsDoors - Lever Handle(s)Level Entry - MainRamp - Main Level

This listing courtesy of Jack Straub, Straub & Associates Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Hoover Elementary School

420 S 24th St, Camp Hill, PA, 17011

Grades KG-2

0.47 miles away

C

Camp Hill Middle School

2401 Chestnut St, Camp Hill, PA, 17011

Grades 6-8

0.43 miles away

C

Camp Hill High School

100 S 24th St, Camp Hill, PA, 17011

Grades 9-12

0.43 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.