Property profile

28 4th St Steelton, PA 17113

OFF-MARKET
Apartment buildings
Property ID
US73-1690161
2,434 SF 0.05 ac lot Built 1900
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a five-unit multi-family property located at 28 N 4th Street in Steelton, Pennsylvania. Situated on a conveniently sized 0.05-acre lot, this property offers a compelling blend of immediate income potential and future growth prospects. Three of the five units have undergone recent renovations, ensuring a high-quality living experience for tenants and minimizing immediate maintenance needs. The property includes some off-street parking, a valuable amenity in this location. The asking price is $449,900, representing a strong return on investment for a savvy buyer. The existing tenant base provides a stable income stream, while the potential for further upgrades and rent increases offers significant upside. This property is ideally suited for an investor seeking a hands-on approach to property management or for those looking to add a well-maintained multi-family asset to their portfolio. The location in Steelton provides easy access to local amenities and transportation routes, making it an attractive option for renters. This is a rare opportunity to acquire a well-maintained multi-family property in a desirable location at a competitive price. Serious inquiries are encouraged to explore this promising investment opportunity further. The property's size and condition make it an attractive option for both seasoned investors and those new to the multi-family market. The combination of renovated units and off-street parking provides a significant advantage in attracting and retaining high-quality tenants.

Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1900
Construction FRAME
Total area 2,434 SF
Lot 0.05 ac (2,178 SF)
APN 59-013-020
UPID US73-1690161

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

28 4th St Steelton, PA 17113-2369
Steelton metro Census 23300 HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$105k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$95k

Owner & transaction history

since 2021
Last sale
$126,000
5 recorded transactions
2023
Price N/A
2021
Price N/A
2021
$126,000
2020
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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