Detached Triplex with
1912 BRIGGS STREET, Harrisburg, PA 17103
For Sale
$269,900
Three-unit property with a separate garage and backyard space for shared outdoor use.
Property Size2,411 SF
Price / SF$111.95
Days on Market100
Property Features for 1912 BRIGGS STREET
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Listing Agency:
Real of Pennsylvania
(717) 635-7300
Listed By:
Erniece N Campbell · License #RS300369
(717) 599-0217
Source:
Cummingsrealtors
Added: Jul 31
Changed: Nov 6
Last Checked: Nov 6 at 10:27AM
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 Real of Pennsylvania
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Investment Insights
Based on property information with market context.
This detached triplex contains 3 units within a 2411-size property built in 1900. The building is accompanied by an oversized detached one-car garage that provides additional storage space. A spacious backyard adds outdoor area that can be shared by occupants. Located at 1912 Briggs Street in Harrisburg, Pennsylvania, the property offers a straightforward three-unit configuration with separate ancillary space and an outdoor component.
Key Highlights
- Detached triplex with 3 units
- Property size: 2411
- Built in 1900
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,520
Cap Rate
7.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,400
$430.4K
Cap Rate 7%
$307,429
$307.4K
Cap Rate 9%
$239,111
$239.1K
Market Conditions
NOI Build-Up for 2,411 SF
Gross rent
$33.3K $13.80/SF
− Vacancy
−$2.5K −$1.05/SF
EGI
$30.7K $12.75/SF
− OpEx
−$9.2K −$3.83/SF
NOI
$21.5K $8.93/SF
Area
Dauphin County, PA
Vacancy
7.60%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,400
Cap Rate 7%
$307,429
Cap Rate 9%
$239,111
Alternative Uses
Best Use
Multifamily LT 5
$307.4K
$269.0K – $358.7K
NOI $21,520 @ 7.0% cap · market cap 7.97%
Second Best
Apartment 5plus
$274.0K
$239.7K – $319.6K
NOI $19,178 @ 7.0% cap · market cap 7.11%
Theoretical Best
Specialty Retail
$4.44M
$3.89M – $5.18M
NOI $310,838 @ 7.0% cap · market cap 115.17%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
610
Businesses Nearby
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Business Placement
Demographics for 17103, PA
12,225
Population
5,345
Households
2.3
Avg Household Size
33
Median Age
18%
College-Educated
86%
High-School Grad
1.9 sq mi
ZIP Area
6,434
Density / Sq Mi
$41,383
Median Household Income
$33,608
Median Earnings
$933
Median Rent
$113,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three-unit property with a separate garage and backyard space for shared outdoor use.
Where is this triplex located?
The property is located at 1912 BRIGGS STREET Harrisburg, PA.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: Detached triplex with 3 units; Property size: 2411; Built in 1900
