4-Unit Mixed-Use
New
For Sale
$395,000
1015 N 2ND STREET, Harrisburg, PA 17102
Three apartments have updated kitchens and bathrooms, alongside space presented for boutique, café, office, or studio use.
Property Size2,944 SF
Lot Size0.03 Acres
Price / SF$134.17
Days on Market5
Property Features for 1015 N 2ND STREET
General Information
Standard status
Active
Size
2,944 SF
Lot size
0.03 Acres
Property subtype
Commercial
Site & Location
Public Transit
Yes
Mixed-Use Components
retail, residential
Additional Details
Multifamily Units
3
Amenities
on-street parking
city bus route access
Building Details
Year Built
1900
Construction
brick
Tenancy
Multi
Listing Agency:
RE/MAX 1st Advantage
(717) 591-5555
Listed By:
DAVID M WHITE · License #AB0677200
(717) 343-3040
Source:
Cummingsrealtors
Added: Oct 26
Changed: Oct 29
Last Checked: Oct 30 at 3:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX 1st Advantage
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1900, this 2,944-square-foot brick mixed-use property occupies a 0.03-acre site and contains four units, including three residential apartments. The interior has laminate plank flooring, and the apartments have remodeled kitchens and bathrooms. The property is described for a range of potential commercial uses, including boutique, café, office, or creative studio space.
The building is accessible to a city bus route and is within 10 miles of HIA. Broad Street Market and Riverfront Park are among the nearby destinations. On-street parking is available.
The building is accessible to a city bus route and is within 10 miles of HIA. Broad Street Market and Riverfront Park are among the nearby destinations. On-street parking is available.
Key Highlights
- Four‑unit mixed‑use property with three residential apartments
- 2,944 square feet on a 0.03‑acre site
- Brick construction; built in 1900
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,770
Cap Rate
9.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$715,400
$715.4K
Cap Rate 7%
$511,000
$511.0K
Cap Rate 9%
$397,444
$397.4K
Market Conditions
NOI Build-Up for 2,944 SF
Gross rent
$63.6K $21.60/SF
− Vacancy
−$6.4K −$2.16/SF
EGI
$57.2K $19.44/SF
− OpEx
−$21.5K −$7.29/SF
NOI
$35.8K $12.15/SF
Area
Dauphin County, PA
Vacancy
10.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$715,400
Cap Rate 7%
$511,000
Cap Rate 9%
$397,444
Alternative Uses
Best Use
Mixed Use
$511.0K
$447.1K – $596.2K
NOI $35,770 @ 7.0% cap · market cap 9.06%
Second Best
Retail
$421.7K
$369.0K – $492.0K
NOI $29,521 @ 7.0% cap · market cap 7.47%
Theoretical Best
Specialty Retail
$5.42M
$4.74M – $6.33M
NOI $379,555 @ 7.0% cap · market cap 96.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,889
Businesses Nearby
19k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 82%
Groceries 9%
Home Improvements & Furnishings 5%
Electronics 4%
First National Bank
Shops & Services
5,463 visits/mo
0.5 miles
Shell
Shops & Services
4,310 visits/mo
0.1 miles
Firestone Complete Auto Care
Shops & Services
3,368 visits/mo
0.2 miles
Fine Wine & Good Spirits
Groceries
1,720 visits/mo
0.2 miles
Santander Bank
Shops & Services
1,536 visits/mo
0.4 miles
Demographics for 17102, PA
7,989
Population
5,105
Households
1.6
Avg Household Size
37
Median Age
50%
College-Educated
91%
High-School Grad
0.8 sq mi
ZIP Area
9,986
Density / Sq Mi
$55,369
Median Household Income
$47,544
Median Earnings
$1,062
Median Rent
$172,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three apartments have updated kitchens and bathrooms, alongside space presented for boutique, café, office, or studio use.
Where is this mixed-use property located?
The property is located at 1015 N 2ND STREET Harrisburg, PA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Four‑unit mixed‑use property with three residential apartments; 2,944 square feet on a 0.03‑acre site; Brick construction; built in 1900
