9-Unit Multifamily
For Sale
Contact for pricing
1427 N Front St, Harrisburg, PA 17102
Apartment mix includes one-bedroom, two-bedroom, and efficiency studio units with on-site laundry.
Property Size7,202 SF
Lot Size0.12 Acres
Price / SF$131.91
Days on Market199
Property Features for 1427 N Front St
General Information
Standard status
Active
Size
7,202 SF
Lot size
0.12 Acres
Property subtype
Multifamily
Zoning
Riverfront
Additional Details
Multifamily Units
9
Amenities
on-site laundry
Building Details
Year Built
1900
Buildings
1
Stories
3
Units
9
Listing Agency:
NAI CIR
Listed By:
Nik Sgagias · License #PA AB069294
(717) 439-9453
Source:
Crexi
Added: Apr 2
Changed: Oct 6
Last Checked: Oct 16 at 7:24AM
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 NAI CIR
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1900, this multifamily property contains 9 apartments within 7,202 square feet on a 0.1233-acre parcel. The unit mix includes one-bedroom, two-bedroom, and efficiency studio layouts, providing varied residential configurations within the building. On-site laundry is also included as a property feature.
The property is located in Harrisburg, PA 17102, and carries Riverfront zoning. Its compact site and range of apartment layouts define the physical configuration of the asset.
The property is located in Harrisburg, PA 17102, and carries Riverfront zoning. Its compact site and range of apartment layouts define the physical configuration of the asset.
Key Highlights
- 9‑unit multifamily property in Harrisburg, PA 17102
- Unit mix includes one‑bedroom, two‑bedroom, and efficiency studio apartments
- 7,202 square feet on 0.1233 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,287
Cap Rate
6.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,145,740
$1.1M
Cap Rate 7%
$818,386
$818.4K
Cap Rate 9%
$636,522
$636.5K
Market Conditions
NOI Build-Up for 7,202 SF
Gross rent
$113.2K $15.72/SF
− Vacancy
−$9.1K −$1.26/SF
EGI
$104.2K $14.46/SF
− OpEx
−$46.9K −$6.51/SF
NOI
$57.3K $7.95/SF
Area
Dauphin County, PA
Vacancy
8.00%
Lease Rate
$15.72 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,145,740
Cap Rate 7%
$818,386
Cap Rate 9%
$636,522
Alternative Uses
Best Use
Apartment 5plus
$818.4K
$716.1K – $954.8K
NOI $57,287 @ 7.0% cap · market cap 6.03%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$13.26M
$11.61M – $15.48M
NOI $928,518 @ 7.0% cap · market cap 97.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
9
Residential units
Location Intelligence
Trade Area within ½ mile
1,719
Businesses Nearby
Explore this area
Business Placement
Demographics for 17102, PA
7,989
Population
5,105
Households
1.6
Avg Household Size
37
Median Age
50%
College-Educated
91%
High-School Grad
0.8 sq mi
ZIP Area
9,986
Density / Sq Mi
$55,369
Median Household Income
$47,544
Median Earnings
$1,062
Median Rent
$172,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Apartment mix includes one-bedroom, two-bedroom, and efficiency studio units with on-site laundry.
Where is this apartment building located?
The property is located at 1427 N Front St Harrisburg, PA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 9‑unit multifamily property in Harrisburg, PA 17102; Unit mix includes one‑bedroom, two‑bedroom, and efficiency studio apartments; 7,202 square feet on 0.1233 acres
