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Asset is a seven-unit downtown apartment building having 5,091 square feet on 0.09 acres. The three-story building is of masonry construction and features (6) one-bedroom units and (1) two-bedroom apartment. All units have a full bathroom and electric baseboard heating. Building underwent full renovation in 2021 to include new kitchens, bathrooms, flooring, pluming and electrical upgrades, and more. Gravel parking area with several spaces in the rear. The property is zoned R-4, Town Center Residential in Carlisle Borough and is also located in Carlisle Borough's Historic District. Monthly rent is $5,975 at full occupancy and gross annual rent is $71,700. NOI $50,000. Tenants pay directly for electricity and heating. Landlord is reimbursed for W/S/T. Property located (2) blocks east of town square and within walking distance of grocery stores (Weis Markets & Giant Foods), restaurants, retailers, schools, and entertainment.
Listed by ANDREW WOLFE of Wolfe & Company REALTORS

Property Details of 29 N East Street

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