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    5938 Linglestown Rd Linglestown, PA 17112

    For Sale
    $299,000

    Historic Harrisburg single-family rental.

    Property size:
    1,346 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This charming 1830 two-story single-family home, located at 5938 Linglestown Rd in Harrisburg, Pennsylvania (17112), presents a compelling value-add investment opportunity. The property, situated on a 0.27-acre lot in Dauphin County, boasts 1,346 square feet of living space, currently configured as a three-bedroom, one-bathroom residence. The home is fully occupied, offering immediate cash flow. The property features a durable metal roof and is zoned Village. While some updates have been completed, significant value-add potential remains, allowing for further improvements and increased rental income. This is a single-unit property within a portfolio of single-family rentals, offering a convenient investment strategy. The asking price is $299,000. The property's APN is 35-017-008. This historic home offers a blend of character and potential, making it an attractive addition to any investment portfolio. Its excellent location in Linglestown provides easy access to local amenities and services. The property's strong occupancy rate ensures a steady stream of rental income. This is an exceptional opportunity for investors seeking a value-add property with significant upside potential.

    Property Features for 5938 Linglestown Rd

    General Information

    Property type
    Multifamily properties
    Square Feet
    1,346 SF
    Lot Size
    11,761 SF

    Building Details

    Year Built
    1830
    Buildings
    1
    Stories
    2
    Units
    1

    HighLights

    • Single‑tenant net lease property.
    • Significant value‑add opportunity.
    • Metal roof.
    • Prime location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential income homes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Linglestown
    County
    Dauphin
    State
    Pennsylvania
    Longitude
    -76.794151870455
    Latitude
    40.343040909172

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Multifamily property - Historic Harrisburg single-family rental.
    Where is this multifamily property located?
    The property is located at 5938 Linglestown Rd Linglestown, PA.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: Single-tenant net lease property.; Significant value-add opportunity.; Metal roof.
    Request Owner's contact information
    5938 Linglestown Rd Linglestown, PA 17112
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5938 Linglestown Rd Linglestown, PA 17112
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