5-Unit Multifamily Income
For Sale
$750,000
6000 Chambers Hill Rd, Harrisburg, PA 17111
Five-unit multifamily property with all 2-bedroom, 2-bath apartments and on-site parking on a 1.05-acre parcel.
Property Size7,343 SF
Lot Size1.05 Acres
Price / SF$102.14
Days on Market162
Property Features for 6000 Chambers Hill Rd
General Information
Standard status
Active
Size
7,343 SF
Lot size
1.05 Acres
Additional Details
Highway Access
Yes
Multifamily Units
5
Building Details
Year Built
1955
Tenancy
Multi
Listing Agency:
Scope Commercial Real Estate Services, Inc.
Listed By:
Philip Sharrow
(215) 302-4400
Source:
Selltheshore
Added: May 14
Changed: Oct 12
Last Checked: Oct 21 at 1:08AM
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 Scope Commercial Real Estate Services, Inc.
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Investment Insights
Based on property information with market context.
Scope Commercial Real Estate presents 6000 Chambers Hill Road, a 5-unit multifamily income-producing property. The building includes approximately 4,300 rentable square feet and a unit mix consisting entirely of 2-bedroom, 2-bathroom apartments, with one oversized unit and four standard units. The property is described as stabilized with in-place cash flow.
Located in an established residential and commercial corridor of Harrisburg, Pennsylvania, the asset is positioned in a suburban setting with convenient access to major employment centers and regional highways. On-site parking is available for tenants.
The configuration is designed for consistent residential occupancy, with all units fitting the same overall two-bedroom, two-bath layout while providing variation through one oversized apartment.
Located in an established residential and commercial corridor of Harrisburg, Pennsylvania, the asset is positioned in a suburban setting with convenient access to major employment centers and regional highways. On-site parking is available for tenants.
The configuration is designed for consistent residential occupancy, with all units fitting the same overall two-bedroom, two-bath layout while providing variation through one oversized apartment.
Key Highlights
- 5‑unit multifamily property with all 2‑bedroom, 2‑bath apartments
- Approximately 4,300 rentable SF on a 1.05‑acre parcel
- Unit mix includes one oversized 2BR/2BA unit plus four standard units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,409
Cap Rate
7.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,168,180
$1.2M
Cap Rate 7%
$834,414
$834.4K
Cap Rate 9%
$648,989
$649.0K
Market Conditions
NOI Build-Up for 7,343 SF
Gross rent
$115.4K $15.72/SF
− Vacancy
−$9.2K −$1.26/SF
EGI
$106.2K $14.46/SF
− OpEx
−$47.8K −$6.51/SF
NOI
$58.4K $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%
$1,168,180
Cap Rate 7%
$834,414
Cap Rate 9%
$648,989
Alternative Uses
Best Use
Apartment 5plus
$834.4K
$730.1K – $973.5K
NOI $58,409 @ 7.0% cap · market cap 7.79%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$13.52M
$11.83M – $15.78M
NOI $946,696 @ 7.0% cap · market cap 126.23%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
5
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
244
Businesses Nearby
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Business Placement
Demographics for 17111, PA
36,557
Population
14,880
Households
2.5
Avg Household Size
40
Median Age
33%
College-Educated
90%
High-School Grad
18.4 sq mi
ZIP Area
1,987
Density / Sq Mi
$84,314
Median Household Income
$47,256
Median Earnings
$1,309
Median Rent
$225,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Five-unit multifamily property with all 2-bedroom, 2-bath apartments and on-site parking on a 1.05-acre parcel.
Where is this apartment building located?
The property is located at 6000 Chambers Hill Rd Harrisburg, PA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 5‑unit multifamily property with all 2‑bedroom, 2‑bath apartments; Approximately 4,300 rentable SF on a 1.05‑acre parcel; Unit mix includes one oversized 2BR/2BA unit plus four standard units
