2,526 Sqft Lot
2,526 Sqft Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PADA2049706
Year Built 1930
Annual Tax Amount $10,457
Tax Year 2025
Lot Size 2,526 Sqft
Acres 0.06
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
This mixed-use property offers both stability and strong returns with 4 fully occupied residential units and 1 established restaurant tenant in the commercial space. The residential apartments include two 1-bedroom/1-bath units, one 3-bedroom/1-bath unit, and one studio apartment, providing a diverse rental mix that appeals to a wide range of tenants.
Currently generating a gross income of $71,700, with a Net Operating Income of $46,353 and a CAP Rate of 9.5%, this property is a true cash-flowing investment. With all units occupied, it offers immediate income and long-term potential in the heart of the City of Harrisburg.
Whether you're looking to expand your portfolio or secure your next turnkey property, this is an excellent opportunity to acquire a solid, income-producing asset.
Location
State PA
County Dauphin
Area City Of Harrisburg (14001)
Zoning COMMERCIAL
Interior
Hot Water Electric, Natural Gas
Heating Baseboard - Electric, Forced Air
Cooling Central A/C, Window Unit(s)
Heat Source Natural Gas, Electric
Exterior
Water Access N
Roof Type Rubber
Accessibility 2+ Access Exits
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
High Schools Harrisburg High School
School District Harrisburg City
Others
Tax ID 06-022-026-000-0000
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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