28 4Th St Steelton, PA 17113
- Apartment buildings
- 2,434 SF
- 0.05 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 28 4Th St
- Year built
- 1900
- Construction
- FRAME
- Lot size
- 0.05 lot acres
- Property size
- 2,434 SF
- Property type
- Apartment buildings
- APN
- 59-013-020
- APU
- 59013020
Description
This exceptional investment opportunity presents a five-unit multi-family property located at 28 N 4th Street in Steelton, Pennsylvania. Situated on a conveniently sized 0.05-acre lot, this property offers a compelling blend of immediate income potential and future growth prospects. Three of the five units have undergone recent renovations, ensuring a high-quality living experience for tenants and minimizing immediate maintenance needs. The property includes some off-street parking, a valuable amenity in this location. The asking price is $449,900, representing a strong return on investment for a savvy buyer. The existing tenant base provides a stable income stream, while the potential for further upgrades and rent increases offers significant upside. This property is ideally suited for an investor seeking a hands-on approach to property management or for those looking to add a well-maintained multi-family asset to their portfolio. The location in Steelton provides easy access to local amenities and transportation routes, making it an attractive option for renters. This is a rare opportunity to acquire a well-maintained multi-family property in a desirable location at a competitive price. Serious inquiries are encouraged to explore this promising investment opportunity further. The property's size and condition make it an attractive option for both seasoned investors and those new to the multi-family market. The combination of renovated units and off-street parking provides a significant advantage in attracting and retaining high-quality tenants.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $95,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $90,000
- 6.5%
- $95,000
- 7%
- $90,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $90,000
- Geo Method
- $95,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $110,000
- Retail
- $80,000
- Mixed-Use
- $105,000
- Hospitality
- $85,000
- Educational
- $105,000
- Residential Income
- $95,000
- Energy
- $95,000
- Income-Based Land
- $95,000
- Food Service
- $100,000
Location Insight
- Map
- Local Demand
- City
- Steelton
- County
- Dauphin
- State
- Pennsylvania
- Longitude
- -76.8393
- Latitude
- 40.2365
- CBSA code
- 25420
- CBSA name
- HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA
