The property features three apartments, detached garage and storage. There are two units in the front building and the third is a completley detached unit located toward the rear of the parcel, offering a flexible and desirable layout. Two front units are each currently leased at $1,380 per month, with those tenants also responsible for water and sewer utilities. The rear unit is leased on a month-to-month basis at a reduced rate, presenting an opportunity for future rental adjustment. With modest updates, this unit offers the potential to support significantly higher monthly rent. Additional income is generated from a separately rented detached garage and storage unit, further enhancing the property’s overall revenue. With a combination of current income and value-add potential, this multi-unit property offers a rare opportunity in Derry Township with the ability to increase returns quickly. Agents - Please see private remarks for additional pertinent information to share with your clients
Listed By
Agency Name: Listing Sherpa LLC
Agency Phone: 7174298080
Shown By
Agent Name: John S. Duffy
Agent Phone: (610) 667-6655 ext. 33
Agency Title: Duffy Real Estate, Inc.
Estimated Payment
$ 2,766.13 per month $2,326.26 Principal & Interest $298.42 Property Tax $141.46 Homeowner's Insurance
804 E Chocolate Avenue | MLS# PADA2053006
This multi-family property located at 804 E Chocolate Avenue, Hershey, PA 17033 is currently listed for sale with an asking price of $485,000. E Chocolate Avenue is located within the DERRY TOWNSHIP school district. Search Hershey real estate on jduffy.duffyrealestate.com today.