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71 Jury Street, Highspire, PA, 17034
Renovated 4-Unit Income Property

71 Jury Street Highspire, PA 17034

For Sale
$380,000
Pending

Renovated four-unit building with separate utilities per unit and an additional separately rented garage.

Property Size2,171 SF
Days on Market129

Property Features for 71 Jury Street

General Information

Standard status
Pending
Size
2,171 SF
Property subtype
Multi-Family / Fee Simple

Building Details

Year Built
1920
Listing Agency: Keller Williams Elite
Listed By: Mike Lapp · License #rs369099
Source: Compass
Added: Mar 18 Changed: Jul 23 Last Checked: Jul 23 at 2:43PM

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 Keller Williams Elite


Investment Insights

Based on property information with market context.

This renovated four-unit income property is fully occupied and professionally managed, with each unit having separate heat and electric and tenants paying their own utilities. The building has been maintained and includes a roof installed in 2019 and replacement windows. In addition to the four apartments, there is a separately rented garage.

The property is located at 71 Jury Street in Highspire (Dauphin County). It offers on-site parking and sits on a large lot.

Each apartment is separately metered for heat and electric, supporting straightforward tenant-paid utility operations. The roof work and window replacements are additional improvements called out in the property information.

Key Highlights

  • Fully occupied 4‑unit property with a separately rented garage
  • Renovated building with roof installed in 2019 and replacement windows
  • Unit layout includes 2BR and 1BR plus an efficiency: Apartment 1 $950/mo, Apartment 2 $850/mo, Apartment 3 $905/mo, Apartment 4 $800/mo

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 $30.0k $13.80
− Vacancy −$2.3k −$1.05
EGI $27.7k $12.75
− OpEx −$8.3k −$3.83
NOI $19.4k $8.93
2,171 SF · lease $13.80/SF/yr · vacancy 7.60% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$276.8K
$242.2K – $323.0K (±1% cap)
NOI $19,378 @ 7.0% cap · market cap 5.10%
Second Best
Apartment 5plus
$246.7K
$215.9K – $287.8K (±1% cap)
NOI $17,269 @ 7.0% cap · market cap 4.54%
Theoretical Best
Specialty Retail
$4.00M
$3.50M – $4.66M (±1% cap)
NOI $279,896 @ 7.0% cap · market cap 73.66%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

71 Jury St. ... Apartment Building SlateHouse Group Hotel & Motel

Suggested Use

Real Estate Agency Dental Office Building Supply Spa & Massage Center Hair Salon Electrical Service Pharmacy Auto Parts Store Law Firm Nail Salon

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

FAQs

What type of property is this?
Quadplex - Renovated four-unit building with separate utilities per unit and an additional separately rented garage.
Where is this quadplex located?
The property is located at 71 Jury Street Highspire, PA.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Fully occupied 4‑unit property with a separately rented garage; Renovated building with roof installed in 2019 and replacement windows; Unit layout includes 2BR and 1BR plus an efficiency: Apartment 1 $950/mo, Apartment 2 $850/mo, Apartment 3 $905/mo, Apartment 4 $800/mo
More about this property
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