153 S 32ND ST new to site Save Request In-Person Tour Request Virtual Tour
Camp Hill,PA 17011
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 4,212 sqft
Price per Sqft $182
MLS Listing ID PACB2044044
Style Traditional
Abv Grd Liv Area 4,212
Year Built 1960
Annual Tax Amount $9,082
Tax Year 2024
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Detached
Source BRIGHT
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%.
Location
State PA
County Cumberland
Area Camp Hill Boro (14401)
Zoning MDRO1
Interior
Hot Water Natural Gas,Electric
Heating Forced Air,Heat Pump(s)
Cooling Central A/C
Flooring Carpet,Vinyl
Inclusions Raymour & Flanigan AirBNB Furniture
Fireplace N
Heat Source Natural Gas,Electric
Exterior
Water Access N
View City
Roof Type Asphalt
Street Surface Alley,Concrete,Black Top,Paved
Accessibility 2+ Access Exits,Doors - Lever Handle(s),Level Entry - Main,Ramp - Main Level
Road Frontage City/County
Garage N
Building
Lot Description Corner,Cleared,Landscaping
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade,Below Grade
New Construction N
Schools
High Schools Camp Hill
School District Camp Hill
Others
Tax ID 01-21-0273-417
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard