$1,200,000
1 Hereford Street
Details
Property Type Retail, Multifamily
Sub Type Apartment Building
Square Footage 7,702
Acreage 0.650
About This Property for Sale
Marketing description
NAI CIR is pleased to present an 8-unit property located in Lower Paxton Township, just outside of Harrisburg. The property is offered at $1,200,000 and generates $104,740 in NOI, representing an 8.81% cap rate. The building sits on a 0.65 acre lot directly across from Central Dauphin Middle School. The asset includes eight (8) residential units along with one (1) large garage and two (2) smaller garages. Lower Paxton Township is a well-established and stable East Shore submarket with consistent residential demand.
Investment highlights
- 8-unit multifamily in Lower Paxton Township offered at $1,200,000 with $105,740 NOI (8.81% cap rate)
- 0.65-acre site directly across from Central Dauphin Middle School; includes one (1) large garage and two (2) small garages
- Limited availability of small multifamily assets in this submarket; Lower Paxton Township is a stable East Shore location with consistent residential demand
Listing Contacts
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