1915 2Nd St Harrisburg, PA 17102
- Apartment buildings
- 2,431 SF
- 0.04 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 1915 2Nd St
- Year built
- 1900
- Lot size
- 0.04 lot acres
- Property size
- 2,431 SF
- Property type
- Apartment buildings
- APN
- 11-007-086
- APU
- 11007086
Description
This exceptional five-unit multifamily property, located at 1915 N 2nd Street in Harrisburg, Pennsylvania's desirable Olde Uptowne neighborhood, presents a compelling investment opportunity. The property encompasses 2,431 square feet and sits on a 0.04-acre lot. Currently, all five units are fully occupied by a non-profit housing provider who has expressed a desire to remain. This provides immediate and consistent cash flow. Each unit features electric baseboard heating and is separately metered for efficient utility management. The existing rental rates offer significant potential for future rent increases, enhancing the property's overall return on investment. This turnkey property requires minimal immediate capital expenditure, allowing for a smooth transition and immediate income generation. The property's location in Olde Uptowne offers tenants convenient access to local amenities, contributing to high occupancy rates and tenant satisfaction. This is an exceptional opportunity to acquire a stable, income-producing asset with significant upside potential. The property's strong tenant base and favorable location make it an ideal addition to any investment portfolio. Don't miss this chance to secure a profitable and low-maintenance investment in a thriving Harrisburg neighborhood. The asking price is $369,500.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Harrisburg
- County
- Dauphin
- State
- Pennsylvania
- Longitude
- -76.8965
- Latitude
- 40.2759
- CBSA code
- 25420
- CBSA name
- HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA
