This 3 unit is a great opportunity to add to your rental portfolio or live in one unit and rent the others for additional income. Each unit is 1 bedroom, 1 bathroom. The property is currently fully occupied with long term tenants that wish to stay. This property is being offered at a 8.2% cap rate (actual not proforma). Gas furnace and gas water heater just recently replaced. Landlord currently pays for water, sewer, trash and natural gas heating in the winter months, along with hot water. Apartment 2 and Apartment 3 have been slightly updated with newer flooring, cabinets and paint. Income and expenses are uploaded.
Duplex in very good condition in Uptown Harrisburg. Unit 1: 1 bed, 1 bath Rented for $1,000/mo+$50 increase in December. Unit 2: 3 bed, 2 bath Rented for $1,445/mo+$50 increase in December. Both units are 100% paid by section 8. Section 8 pays an extra month as a bonus upon renewal which makes the gross yearly income $33,085. Comparable sales: 1612 Green St- $247,500 1509 N 2nd St- $260,000 2037 N 2nd St- $255,000 807 Green St- $270,000 228 North St- $278,000
The median home value in Harrisburg, PA is $212,400. This is lower than the county median home value of $231,600. The national median home value is $338,100. The average price of homes sold in Harrisburg, PA is $212,400. Approximately 30.23% of Harrisburg homes are owned, compared to 54.6% rented, while 15.16% are vacant. Harrisburg real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Harrisburg real estate agent to arrange a tour today!
Harrisburg, Pennsylvania 17102 has a population of 49,969. Harrisburg 17102 is less family-centric than the surrounding county with 19.67% of the households containing married families with children. The county average for households married with children is 27.38%.
The median household income in Harrisburg, Pennsylvania 17102 is $44,444. The median household income for the surrounding county is $66,480 compared to the national median of $69,021. The median age of people living in Harrisburg 17102 is 31.6 years.
The average high temperature in July is 85.1 degrees, with an average low temperature in January of 22.4 degrees. The average rainfall is approximately 41.8 inches per year, with 25.8 inches of snow per year.