Turnkey 5 unit apartment building. Recently updated interiors, painted exterior and new roof. Needs no current improvements. Fully occupied with market rents in place. NOI at $52,600. This property is being sold as part of a 10 door portfolio which includes:
2229 N 6th St, Harrisburg PA 17110
2605 N 6th St, Harrisburg PA 17110 (PADA2040852)
134 Sylvan Terrace, Harrisburg PA 17104 (PADA2040856)
The portfolio is fully rented and netting $120,370 annually. It is being offered at an 11 CAP with an asking price of $1.1M. Very low taxes and expenses for these turnkey units. Net sheets for all in docs.
The income description goes here to explain
List Price | $490,000 |
Property Type | Multi-Family |
Usable Sqft | Unknown |
Number of Stories | 0 stories |
Parking Spots | 0 spots |
Year Built | 1965 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 100340240000000 |
MLS # | PADA2041416 |
Property ID | 321194420 |
Lot Sqft | 6,098 |
Zoning | R12-5 TO 9 UNITS |
Total Units | 5 |
Days on Market | 4 |
Original List Price | Unknown |
Date Updated | January 16, 2025 |
Date Created | January 15, 2025 |
Unit # | Beds | Baths | Current Rent | Proforma Rent |
Unit #1 | $77,340 | $0 |
Net Income (Yr) | $ 52,667 |
Cap Rate | 10.75% |
Joshua Daniel Mumaw an agent of Coldwell Banker Realty.
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2708 Wilshire Blvd #197
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Robert Crawford
REAL ESTATE AGENT