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27057146
27057147

1313 N 2nd Street, Harrisburg, PA 17102

JB
RS331808
Keller Williams of Central PA
Listed by Keller Williams of Central PA
$484,900
261 days on market
Updated 5 days ago

1313 N 2nd Street

Details
Property Type Mixed Use, Multifamily
Sub Type Apartment Building
Square Footage 4,560
Units 5
Cap Rate 9.56%
NOI $46,353
Occupancy 100%
Price per SqFt $106
Broker Co-Op Yes
Year Built 1930
Buildings 1
Stories 3
Zoning Commercial

Fully Occupied 5 Unit Mixed Use - 4 Residential Apartments - 1 leased Restaurant Space - 8.83% CAP

Marketing description


Fantastic Investment Opportunity in Harrisburg! 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 9.5%, 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.

Listing Contacts

JB
RS331808
Keller Williams of Central PA
Listed by Keller Williams of Central PA

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$46,353.00
$3,862.75/mo

Valuation Metrics

0
DSCR
9.56%
Cap Rate
9.56%
ROI

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