Triplex with Three 1BR
122 South Street Harrisburg, PA 17101
122 South Street, Harrisburg, PA, 17101
$235,000
For Sale
$235,000
Triplex offering three 1-bedroom, 1-bath apartments with multiple windows for natural light.
Property Size1,734 SF
Price / SF$135.52
Days on Market73
Property Features for 122 South Street
General Information
- Standard status
- Active
- Size
- 1,734 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1925
Listing agency
Turn Key Realty Group
(717) 802-9099
Listed by
LISA MONTALVO · License #RS301818
(717) 802-9099
Source
Compass
Added: May 12 Updated: Jul 21 at 6:02PM Checked: Jul 22 at 10:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Turn Key Realty Group
Investment Insights
Based on property information with market context.
This triplex features three spacious 1-bedroom, 1-bath apartments, each designed to provide comfortable living space. The units include lots of windows, which supports natural light throughout.
The property is located at 122 South Street in Harrisburg, Pennsylvania, within the City of Harrisburg (MLS Area: 14001). It also falls under the Harrisburg City School District.
According to the listing remarks, the property has a consistent rental history. The offering is presented as a fit for an investor adding to a portfolio.
The property is located at 122 South Street in Harrisburg, Pennsylvania, within the City of Harrisburg (MLS Area: 14001). It also falls under the Harrisburg City School District.
According to the listing remarks, the property has a consistent rental history. The offering is presented as a fit for an investor adding to a portfolio.
Key Highlights
- Triplex at 122 South St, Harrisburg, PA 17101, offering three separate apartments
- 3 spacious units with 1 bedroom and 1 full bath per apartment
- Year built: 1925
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $23.9k | $13.80 |
| − Vacancy | −$1.8k | −$1.05 |
| EGI | $22.1k | $12.75 |
| − OpEx | −$6.6k | −$3.83 |
| NOI | $15.5k | $8.93 |
1,734 SF · lease $13.80/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$221.1K
$193.5K – $258.0K
NOI $15,477 @ 7.0% cap · market cap 6.59%
Second Best
Apartment 5plus
$197.0K
$172.4K – $229.9K
NOI $13,793 @ 7.0% cap · market cap 5.87%
Theoretical Best
Specialty Retail
$3.19M
$2.79M – $3.73M
NOI $223,556 @ 7.0% cap · market cap 95.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Triplex - Triplex offering three 1-bedroom, 1-bath apartments with multiple windows for natural light.
Where is this triplex located?
The property is located at 122 South Street Harrisburg, PA.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Triplex at 122 South St, Harrisburg, PA 17101, offering three separate apartments; 3 spacious units with 1 bedroom and 1 full bath per apartment; Year built: 1925
