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    193 Front St Steelton, PA 17113

    Sponsored
    For Sale
    $540,000

    Seven-unit apartment building, strong rental income.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    Exceptional investment opportunity awaits with this seven-unit apartment building located at 193 S Front Street, Steelton, PA. Situated on a 0.05-acre lot, this property presents a compelling opportunity for income generation. The building benefits from professional management already in place, streamlining operations and maximizing efficiency. A significant portion of the units have undergone recent renovations, resulting in modern and attractive interiors that appeal to tenants. Adding to the property's appeal is a first-floor laundry room, currently unutilized but possessing significant potential for increased revenue through the installation of coin-operated washers and dryers. Currently, six of the seven units are occupied by tenants under lease agreements, ensuring a consistent stream of rental income. Apartment 7 is strategically vacant to facilitate convenient property showings. This turnkey investment property offers a blend of immediate income and future growth potential. A Matterport virtual tour is available for a comprehensive preview of the property's condition and layout. The asking price for this multi-family investment is $540,000. Don't miss this chance to acquire a well-maintained, income-producing asset in a desirable location.

    Property Features for 193 Front St

    General Information

    Property type
    Residential income properties
    Lot Size
    2,178 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Steelton
    County
    Dauphin
    State
    Pennsylvania
    Longitude
    -76.83669
    Latitude
    40.23299

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    FAQs

    What type of property is this?
    Residential income property - Seven-unit apartment building, strong rental income.
    Where is this residential income property located?
    The property is located at 193 Front St Steelton, PA.
    What is the asking price?
    The asking price for this property is $540,000.
    (717) 553-2500
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    193 Front St Steelton, PA 17113
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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
    193 Front St Steelton, PA 17113
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