1615 MARKET STREET
Harrisburg, PA 17103
2127 sqft | 0.03 acres | #PADA2029996
Description
Cash-flowing, fully leased 4-unit apartment building Harrisburg ready for new owners! The building is comprised of 2 one-bedroom, one-bath units and 2 two-bedroom, one-bath units with current gross rents of $2,746/mo. There is room to increase rents by $2-250 PER unit, adding extra income to this already profitable property and pushing gross rents in excess of $3,400/mo! This is a GREAT investment opportunity in the Harrisburg City School District, located less than one mile from the State Capital and Restaurant Row. Whether you're a seasoned investor looking for your next multi-family investment or new to the real estate investment world this is the picture-perfect affordable asset for your portfolio! Electric/heat is split and paid by the tenant (no gas), and water/sewer/trash are paid by the landlord. Landlord expenses are lean at $5,500/yr for utilities (water/sewer/trash), $1,969/yr for taxes, and approximately $1,101/yr for insurance resulting in a fantastic turn-key investment opportunity in a great market!
Property Details
- BasementDirt Floor, Partial
- SubdivisionNONE AVAILABLE
- Sewer InformationPublic Sewer
- FoundationStone, Block
- MLS #PADA2029996
- MLS #PADA2029996
- Property TypeInvestment
- High SchoolHARRISBURG
- Property SubtypeQuadruplex
- Property ConditionAverage
- Utility SourcePublic
- Taxes Annual$2,007
- Cost265000
- Acres0.03
- Square Feet2127
- Year Built1900
- Buying Agency Compensation2.5
- Days On Market26
Location
Legal
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Last Updated: . Source: BRIGHT
Listing Courtesy
Listing Agent: Michael S Kushla II (#3236253)
Listing Office: Keller Williams Keystone Realty (#KLRWMS)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
