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    7 Adams Street Ext Enola, PA 17025

    Sponsored
    For Sale
    $1,200,000

    Ten-Unit Apartment Building, High Potential

    Property size:
    9,027 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional ten-unit apartment building presents a compelling investment opportunity in the thriving Enola, PA market. Situated on a sizable 0.69-acre lot at 7 Adams Street, this property boasts 9,027 square feet of living space, comprised of eight two-bedroom units and two three-bedroom units. Each unit features individually metered utilities, simplifying management and maximizing efficiency. The property benefits from a coin-operated laundry facility located in the basement, providing an additional revenue stream. The roof is scheduled for replacement in the spring, ensuring long-term structural integrity. This property offers significant value-add potential. The expansive lot allows for the possibility of expanding parking to accommodate recreational vehicles, boats, or other storage needs, although this requires further investigation. The property's suitability for Section 8 tenants presents a stable income stream. Note that this property may be available as part of a larger package including a thirteen-unit multi-family building (ten residential, three commercial) located at 304 Market Street, Lemoyne, and a three-unit building at 211 Market Street, New Cumberland. Prospective buyers are encouraged to conduct their own due diligence regarding the potential expansion of parking and the availability of the property as part of a larger package. The asking price for this property is $1,200,000.

    Property Features for 7 Adams Street Ext

    General Information

    Property type
    Residential income properties
    Square Feet
    9,027 SF
    Lot Size
    30,056 SF

    Building Details

    Year Built
    1920
    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 Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Enola
    County
    Cumberland
    State
    Pennsylvania
    Longitude
    -76.93082
    Latitude
    40.28086

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    FAQs

    What type of property is this?
    Residential income property - Ten-Unit Apartment Building, High Potential
    Where is this residential income property located?
    The property is located at 7 Adams Street Ext Enola, PA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    (717) 757-2717
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    7 Adams Street Ext Enola, PA 17025
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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
    7 Adams Street Ext Enola, PA 17025
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