$ 1,299,000
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$1,299,000
Price -
0
Bed -
0
Bath -
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SqFt
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About the Listing 1152 - 3234218,3234551
Rare opportunity to acquire a stabilized 7-unit multifamily asset in the Harrisburg market, offering immediate cash flow with a 7.38% cap rate. The property is 100% occupied with a strong, established tenant base, providing reliable in-place income from day one. Recent capital improvements include two fully renovated units, enhancing the property's overall condition while creating opportunities for continued rent growth as units turn over. The property also features a paved off-street parking lot, a highly desirable amenity that supports tenant retention and marketability. Strategically located with convenient access to downtown Harrisburg, major employers, shopping, dining, public transportation, and major highways, this asset is well-positioned to benefit from continued demand in the local rental market. Whether you're completing a 1031 exchange, expanding an existing multifamily portfolio, or seeking a stable, income-producing investment, this turnkey property offers an attractive combination of immediate cash flow, recent upgrades, and long-term upside.
Listing Highlights
Status
Active
Days on Site
20
Property Type
Commercial Sale
MLS ®
PADA2062048
Year Built
1970
Total Square Footage
0
Lot/Acreage
0.41
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Radiant
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 10
- Zoning: R12 APARTMENTS
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $7,600
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
4597 Ethel St Harrisburg, PA 17109
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