420 Wiconisco StHarrisburg, PA 17110

For Sale
$490,000

Turnkey Multi-Family, High NOI, Excellent Cash Flow

Overview

Added:
Feb 3
Days on market:
40
This exceptional five-unit apartment building, located at 420 Wiconisco Street in Harrisburg, Pennsylvania, presents a compelling investment opportunity. The property boasts a total of 6,345 square feet and sits on a 0.14-acre lot. Recently renovated, the building features updated interiors and a brand-new roof, eliminating the need for immediate capital improvements. The exterior has also been freshly painted. Currently fully occupied, all units command market rents, generating a substantial net operating income (NOI) of $52,600 annually. This translates to a strong return on investment. The property is part of a larger ten-unit portfolio, offering potential for economies of scale and further investment growth. The low taxes and expenses associated with this property contribute to its exceptional profitability. Detailed financial statements, including net sheets for all properties within the portfolio, are available upon request. This is a turnkey investment ready to generate immediate income. The asking price for this specific five-unit building is $490,000.

Property Details for 420 Wiconisco St

Property type
Residential income properties, Multifamily properties
Square Feet
6,345 SF
Year Built
1965
Lot Size (sq. ft)
6,098 SF

Location Insight

City
Harrisburg
County
Dauphin
State
Pennsylvania
Latitude
40.28954
Longitude
-76.89769
420 Wiconisco St, Harrisburg, Pennsylvania

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420 Wiconisco St
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