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    OFF-MARKET
    Investment properties

    3701 Walnut St, Harrisburg, PA 17109-2554

    2,840 SF 0.2 ac lot Built 1920
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US73-2511476
    Property summary
    AI-generated overview

    This 2,300 square foot mixed-use building at 3701 Walnut Street in Harrisburg, Pennsylvania, presents a unique investment opportunity. Built in 1920, this two-story Class B property sits on a 0.2-acre lot and offers eight parking spaces. The building is zoned MU-1 Mixed Use, allowing for a blend of commercial and residential uses. The first floor, previously an optometrist's office, is fully equipped with exam rooms, including plumbing and sinks, ready for immediate occupancy. The second floor features a spacious apartment, perfect for owner occupancy or rental income generation, adding significant value to the property. The property boasts excellent visibility and convenient access to major routes, situated along Walnut Street at the entrance to the Jonestown Road business district. The building is in turnkey condition with minimal deferred maintenance. A garage on the property is currently used for storage, not parking. The asking price is $289,900, translating to $126.04 per square foot. This property offers immediate functionality and long-term financial benefits for a savvy investor.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1920
    Construction FRAME
    Total area 2,840 SF
    Lot 0.2 ac (8,712 SF)
    APN 62-034-064
    UPID US73-2511476
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Tko Rental Properties LLC · 1 yrs held
    Tko Rental Properties LLC
    since 2024
    Last sale
    $215,000
    2 recorded transactions
    2025
    2024
    $215,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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