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Key Details
Sold Price $600,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PADA2030206
Sold Date 05/31/24
Style Traditional
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $5,314
Tax Year 2022
Lot Size 4,831 Sqft
Acres 0.11
Property Description
Welcome to your future investment opportunity in the heart of Uptown! This well-maintained, income-producing 8-unit brick building offers a prime location, just 2 blocks away from the UPMC Polly Clinic and strategically positioned next to the Steele School revitalization project. The property promises a steady stream of potential tenants attracted to the vibrant and developing community.
The building consists of 5 spacious 2-bedroom apartments and 3 garages. Each of the apartments have easy-to-maintain hardwood floors. The common areas have been recently upgraded with new flooring, ensuring a welcoming and modern environment for all residents. The convenience of on-site laundry facilities adds to the overall appeal.
Key features of this property include all-new panel boxes, updated plumbing with PEX zoned for future sub metering, and newer water heaters, providing a hassle-free and efficient living experience. With three available garages, tenants have the option for secure parking or storage.
Unit Rental Breakdown:
Unit 1 - $1,100
Unit 2 - $1,250
Unit 3 - $1,225
Unit 4 - $1,250
Unit 5 - $1,250
Garage Rental Breakdown:
Garage 1 - $125
Garage 2 - $150
Garage 3 - $125
The thoughtfully set rental rates ensure competitive yet reasonable pricing for the area, making it an attractive prospect for a variety of tenants.
With the recent enhancements, and proximity to key amenities and redevelopment projects, this 8-unit building stands as a lucrative investment opportunity in Uptown. Don't miss your chance to be part of the thriving UPMC Polly Clinic neighborhood and benefit from the ongoing Steele School revitalization project. Seize this chance to capitalize on the growing demand for quality housing in this dynamic and evolving community.
Location
State PA
County Dauphin
Area City Of Harrisburg (14001)
Zoning APARTMENT
Rooms
Basement Full
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Fireplace N
Heat Source Electric
Exterior
Waterfront N
Water Access N
Roof Type Rubber,Slate,Asphalt
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Block
Sewer Public Septic
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
High Schools Harrisburg High School
School District Harrisburg City
Others
Tax ID 10-029-003-000-0000
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with TROY BURKHOLDER • RE/MAX 1st Advantage