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Move-In Ready Multifamily with Pool
For Sale
$190,000

462 ELIZABETH STREET, Highspire, PA 17034

Multifamily property featuring a pool, off-street parking, and fenced backyard.

Property Size1,368 SF
Price / SF$138.89
Days on Market461

Property Features for 462 ELIZABETH STREET

General Information

Standard status Active
Size 1,368 SF
Property subtype Condominium

Amenities

Central A/C
Forced Air
Deck, Pool

Building Details

Building Size 1,368 SF
Year Built 1988
Listing Agency: West Chester
Listed By: DJ Winter · License #RS274103
Source: Kw
Added: Jul 17, 2025 Changed: Oct 17 Last Checked: Oct 19 at 4:03AM

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 West Chester

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Investment Insights

Based on property information with market context.

This multifamily property features three large bedrooms and one and a half bathrooms. It includes a covered deck, a pool, and off-street parking. The property is move-in ready and has a fenced-in backyard. There are lots of closets and storage spaces available. The property size is 1368 square feet.

Key Highlights

  • Pool
  • Move‑in Ready
  • Enjoy 3 Large Bedrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,882
Cap Rate
5.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$217,640 $217.6K
Cap Rate 7%
$155,457 $155.5K
Cap Rate 9%
$120,911 $120.9K
Market Conditions
NOI Build-Up for 1,368 SF
Gross rent
$21.5K $15.72/SF
− Vacancy
−$1.7K −$1.26/SF
EGI
$19.8K $14.46/SF
− OpEx
−$8.9K −$6.51/SF
NOI
$10.9K $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%
$217,640
Cap Rate 7%
$155,457
Cap Rate 9%
$120,911

Alternative Uses

Best Use
Apartment 5plus
$155.5K
$136.0K – $181.4K (±1% cap)
NOI $10,882 @ 7.0% cap · market cap 5.73%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.52M
$2.20M – $2.94M (±1% cap)
NOI $176,369 @ 7.0% cap · market cap 92.83%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Location Intelligence

Trade Area within ½ mile

204
Businesses Nearby

Demographics for 17034, PA

2,765
Population
1,553
Households
1.8
Avg Household Size
40
Median Age
20%
College-Educated
92%
High-School Grad
0.8 sq mi
ZIP Area
3,456
Density / Sq Mi
$51,717
Median Household Income
$41,868
Median Earnings
$993
Median Rent
$120,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Multifamily property featuring a pool, off-street parking, and fenced backyard.
Where is this multifamily property located?
The property is located at 462 ELIZABETH STREET Highspire, PA.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Pool; Move‑in Ready; Enjoy **3 Large Bedrooms**
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