1854 Walnut St - Apartments FOR SALE


Harrisburg, PA 17103
$524,000 USD
717-761-4800
1854 Walnut St, Harrisburg, PA for Sale
$524,000 USD
Apartments - FOR SALE
1/1
null | 10.48% Cap Rate

1854 Walnut St
Harrisburg, PA 17103


OVERVIEW

4 parcel portfolio sale with 5 total units. Turnkey, fully occupied with 4 - 3 bedroom units and 1 - 2 bedroom unit. 1854, 1856 and 1858 are 3 bed homes and 1860 is a 2 unit. Tax ids included in sale - 15-017-026/15-017-027/15-017-028/15-017-029. Seller financing considered. Current NOI is $60K annually with room to increase 2 of the units to market rate and approach $70K NOI. 4 of the 5 units have been rehabbed in the last 2 years. Property includes large parking lot in the rear which could be used as a rental lot for additional income. All utilities paid by Tenants with the exception of 1860 where the owner pays the sewer/water only.

FOR SALE DETAILS

PRICE

$524,000 USD

PRICE/SF

$105 USD /SF

# OF UNITS

5

PRICE/UNIT

$104,800

CAP RATE

10.48%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

-

APN/PARCEL ID

15-017-027

ASK ABOUT THIS PROPERTY

Josh MumawColdwell Banker Commercial RealtyMore Info
717-761-4800

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Josh MumawColdwell Banker Commercial RealtyMore Info
717-761-4800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.