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Property profile & analytics
OFF-MARKET Estimated value $1,055,000
Garden apartment buildings

6403 Glenwood St Mechanicsburg, PA 17050-1900

0.53 ac lot
Entity Owned ~ Est. High Equity
Property ID
US73-2721823
Property summary
AI-generated overview

This exceptional investment opportunity presents two adjacent apartment buildings located at 6403 & 6405 Glenwood Street in Mechanicsburg, Pennsylvania. The property encompasses a combined 12,000 square feet on a 0.53-acre lot. The complex consists of eight individual units, currently generating a gross annual income of $144,000, based on a monthly rental income of $1500 per unit. All units underwent complete renovations in 2024, ensuring modern amenities and attractive living spaces for tenants. This translates to a strong return on investment for the discerning buyer. The seller is offering a unique guarantee: a first-year income assurance of $1500 per unit, mitigating initial investment risk. This multi-family property is ideally situated in Mechanicsburg, offering easy access to local amenities and a stable rental market. The property's strong cash flow, recent renovations, and seller guarantee make this an exceptional opportunity for investors seeking a secure and profitable addition to their portfolio. The asking price for this turnkey investment is $1,575,000. This is a rare chance to acquire a well-maintained, high-yielding multi-family property in a desirable Pennsylvania location. Don't miss this chance to secure a substantial and reliable income stream.

Property profile
Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Lot 0.53 ac (23,087 SF)
APN 10-17-1029-074
UPID US73-2721823
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
$795k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.06M
Owner & transaction history
Oak Hill Rentals LLC
Oak Hill Rentals LLC
since 2025
Last sale
$1.4M
4 recorded transactions
2025
$1.4M
2025
Price N/A
2023
$860,000
2021
$496,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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