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Property profile & analytics
OFF-MARKET
Multifamily properties

193 Front St Steelton, PA 17113

0.05 ac lot Built 1900
Property ID
Property summary
AI-generated overview

Exceptional investment opportunity awaits with this seven-unit apartment building located at 193 S Front Street, Steelton, PA. Situated on a 0.05-acre lot, this property presents a compelling opportunity for income generation. The building benefits from professional management already in place, streamlining operations and maximizing efficiency. A significant portion of the units have undergone recent renovations, resulting in modern and attractive interiors that appeal to tenants. Adding to the property's appeal is a first-floor laundry room, currently unutilized but possessing significant potential for increased revenue through the installation of coin-operated washers and dryers. Currently, six of the seven units are occupied by tenants under lease agreements, ensuring a consistent stream of rental income. Apartment 7 is strategically vacant to facilitate convenient property showings. This turnkey investment property offers a blend of immediate income and future growth potential. A Matterport virtual tour is available for a comprehensive preview of the property's condition and layout. The asking price for this multi-family investment is $540,000. Don't miss this chance to acquire a well-maintained, income-producing asset in a desirable location.

Property profile
Verified
Property type Multifamily properties
Year built 1900
Lot 0.05 ac (2,178 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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