224 Harris St, Harrisburg, PA 17102-2430

This exceptional 5-unit apartment building, located in the heart of Harrisburg's Midtown, presents a compelling investment opportunity. The property boasts 2,950 square feet across three stories, situated on a 1,831 square foot lot (APN: 12-008-052). Built in 1919 and renovated in 2022, this Class B building offers a strong 7.67% cap rate with a current NOI of $45,670. Currently 100% occupied since May 1, 2023, the property features a healthy mix of long-term and new tenants, with rental income exceeding $45,670 annually. Three units have undergone complete renovations. The asking price is $595,125 ($119,025 per unit), and the property is zoned S-1. Its prime Midtown location provides easy access to waterfront parks, upscale restaurants, cinemas, and vibrant nightlife. The potential for increased rental income is significant, with over 10% upside available to the new owner. The addition of coin-operated laundry facilities in the basement presents a further opportunity to enhance cash flow. This turn-key property is ideal for investors seeking a stable, high-yield asset in a desirable location. Proof of funds and loan pre-qualification are required for showing appointments.