CHAMBERS 14 UNIT MULTIFAMILY Multi-Family FOR SALE


Harrisburg, PA
$1,475,000 USD
717-819-2825
, Harrisburg, PA for Sale
$1,475,000 USD
Multi-Family - FOR SALE
1/18
null | 7.27% Cap Rate

CHAMBERS 14 UNIT MULTIFAMILY
Harrisburg, PA


HIGHLIGHTS

  • 14 Apartment units in (2) buildings
  • Additional laundry/storage income opportunity from Spring Basement and also for pet fees
  • Right next to baseball field and new houses being built
  • Room to increase rents
  • Properties in good condition w/ newer roofs
  • Close to major employers and amenities

OVERVIEW

Opportunity to purchase 14 well maintained and fully leased apartments across 2 adjacent buildings with 5 storage/garage spaces. The property is 3 parcels: 1022 Chambers St is a purpose built 8 unit building (Also known as 100 Spring St), 1076 Chambers is used for off street parking for 1080 Chambers, which is a converted building with 6 apartment units, 4 storage spaces and 1 nice garage. The purpose built 8-unit building has (4) 1 Bed/1 Bath units and (4) 2 Bed/1 Bath units. Building has a new roof in 2022 and was constructed in 1974. Each unit has a separate electric hot water heater, with most being newer. All units have electric baseboard heat and window AC units. There are hookups for laundry in basement. Most units have received updates with kitchen & bath refresh, new flooring and paint. The 6 unit building at 1080 Chambers St has (2) 1 Bed/1 Bath units, (2) 2 Bed/1Bath units and (2) 3 Bed/1 Bath units. There are (4) storage spaces and (1) garage space. Building was constructed in 1944 and has separately metered gas heat and central AC. The roof on this building is in good useful life. The property has received $100k+ Capital Improvements including new roof, new water heaters, flooring, appliances in past few years. All units are fully leased.

ASK ABOUT THIS PROPERTY

Naomi BrownCapstone CommercialMore Info
717-819-2825

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Naomi BrownCapstone CommercialMore Info
717-819-2825

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