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    645 Seneca St Harrisburg, PA 17110

    Sponsored
    For Sale
    $525,000

    High-yield 5-unit building with warehouse.

    Property size:
    8,712 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional mixed-use property at 645 Seneca Street, Harrisburg, PA, presents a compelling investment opportunity. The 8,712 square foot building sits on a 0.2-acre lot and currently boasts five leased units generating $80,700 in annual rental income. The unit mix includes one efficiency, one one-bedroom, one two-bedroom, and one three-bedroom apartment. A substantial 6,000 square foot warehouse space is currently utilized for auto service. The property also features a large paved lot, offering ample potential for expansion. A new owner could significantly increase revenue by converting the warehouse into additional residential units, capitalizing on the high demand for housing in the area. The existing paved lot provides ample parking for such a conversion. This property offers a blend of stable income from existing tenants and significant upside potential through strategic repurposing of the warehouse space. The strong rental income stream, combined with the redevelopment possibilities, makes this a rare find in the Harrisburg market. This is an ideal investment for those seeking a property with immediate cash flow and long-term growth potential. The location in Harrisburg, PA offers easy access to major transportation routes and local amenities.

    Property Features for 645 Seneca St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    8,712 SF
    Lot Size
    8,712 SF

    Building Details

    Year Built
    1920
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Harrisburg
    County
    Dauphin
    State
    Pennsylvania
    Longitude
    -76.89059
    Latitude
    40.28565

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    FAQs

    What type of property is this?
    Mixed-use property - High-yield 5-unit building with warehouse.
    Where is this mixed-use property located?
    The property is located at 645 Seneca St Harrisburg, PA.
    What is the asking price?
    The asking price for this property is $525,000.
    (717) 761-4800
    Request Owner's contact information
    645 Seneca St Harrisburg, PA 17110
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    Harrisburg, PA 17110
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    645 Seneca St Harrisburg, PA 17110
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