UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PADA2049706
Year Built 1930
Annual Tax Amount $10,457
Tax Year 2025
Lot Size 2,526 Sqft
Acres 0.06
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
This mixed-use property offers both stability and strong returns with 4 fully occupied residential units and 1 established restaurant tenant in the commercial space. The residential apartments include two 1-bedroom/1-bath units, one 3-bedroom/1-bath unit, and one studio apartment, providing a diverse rental mix that appeals to a wide range of tenants.
Currently generating a gross income of $71,700, with a Net Operating Income of $46,353 and a CAP Rate of 8.83%, this property is a true cash-flowing investment. With all units occupied, it offers immediate income and long-term potential in the heart of the City of Harrisburg.
Whether you're looking to expand your portfolio or secure your next turnkey property, this is an excellent opportunity to acquire a solid, income-producing asset.
Location
State PA
County Dauphin
Area City Of Harrisburg (14001)
Zoning COMMERCIAL
Interior
Hot Water Electric, Natural Gas
Heating Baseboard - Electric, Forced Air
Cooling Central A/C, Window Unit(s)
Heat Source Natural Gas, Electric
Exterior
Water Access N
Roof Type Rubber
Accessibility 2+ Access Exits
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
High Schools Harrisburg High School
School District Harrisburg City
Others
Tax ID 06-022-026-000-0000
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
