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420 Wiconisco St Harrisburg, PA 17110

For Sale
$490,000

Turnkey Multi-Family, High NOI, Excellent Cash Flow

Property size:
6,345 SF

Description

Added:
Feb 3, 2025
Days on Market:
313
This exceptional five-unit apartment building, located at 420 Wiconisco Street in Harrisburg, Pennsylvania, presents a compelling investment opportunity. The property boasts a total of 6,345 square feet and sits on a 0.14-acre lot. Recently renovated, the building features updated interiors and a brand-new roof, eliminating the need for immediate capital improvements. The exterior has also been freshly painted. Currently fully occupied, all units command market rents, generating a substantial net operating income (NOI) of $52,600 annually. This translates to a strong return on investment. The property is part of a larger ten-unit portfolio, offering potential for economies of scale and further investment growth. The low taxes and expenses associated with this property contribute to its exceptional profitability. Detailed financial statements, including net sheets for all properties within the portfolio, are available upon request. This is a turnkey investment ready to generate immediate income. The asking price for this specific five-unit building is $490,000.

Property Features for 420 Wiconisco St

General Information

Property type
Residential income properties
Square Feet
6,345 SF
Lot Size
6,098 SF

Building Details

Year Built
1965

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

Realty agency Restaurant Law Firm 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
Harrisburg
County
Dauphin
State
Pennsylvania
Longitude
-76.89769
Latitude
40.28954

FAQs

What type of property is this?
Residential income property - Turnkey Multi-Family, High NOI, Excellent Cash Flow
Where is this residential income property located?
The property is located at 420 Wiconisco St Harrisburg, PA.
What is the asking price?
The asking price for this property is $490,000.
More about this property
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