1915 2Nd StHarrisburg, PA 17102

For Sale
$369,500

Turn-key, fully occupied, high-potential rental.

Overview

Added:
Feb 3
Days on market:
40
This exceptional five-unit multifamily property, located at 1915 N 2nd Street in Harrisburg, Pennsylvania's desirable Olde Uptowne neighborhood, presents a compelling investment opportunity. The property encompasses 2,431 square feet and sits on a 0.04-acre lot. Currently, all five units are fully occupied by a non-profit housing provider who has expressed a desire to remain. This provides immediate and consistent cash flow. Each unit features electric baseboard heating and is separately metered for efficient utility management. The existing rental rates offer significant potential for future rent increases, enhancing the property's overall return on investment. This turnkey property requires minimal immediate capital expenditure, allowing for a smooth transition and immediate income generation. The property's location in Olde Uptowne offers tenants convenient access to local amenities, contributing to high occupancy rates and tenant satisfaction. This is an exceptional opportunity to acquire a stable, income-producing asset with significant upside potential. The property's strong tenant base and favorable location make it an ideal addition to any investment portfolio. Don't miss this chance to secure a profitable and low-maintenance investment in a thriving Harrisburg neighborhood. The asking price is $369,500.

Property Details for 1915 2Nd St

Property type
Residential income properties, Multifamily properties
Square Feet
2,431 SF
Year Built
1900
Lot Size (sq. ft)
1,742 SF

Location Insight

City
Harrisburg
County
Dauphin
State
Pennsylvania
Latitude
40.27591
Longitude
-76.89649
1915 2Nd St, Harrisburg, Pennsylvania

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1915 2Nd St
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