$299,900
↓ $25K (7.7%)
●
Multifamily -
For Sale
638 S 2ND ST
STEELTON, PA 17113
Studio
0 Bath
$1,473
Estimated Monthly
$0
HOA / Fees
About This Property
Welcome to this prime investment opportunity in Steelton, PA! This
well-maintained 4-unit apartment building is a lucrative addition
to your portfolio. All units are currently occupied, providing
immediate cash flow, and there is significant potential for
increased rental income.
Location: Situated in the heart of Steelton, PA, this property is conveniently located with easy access to local amenities, schools, and major transportation routes.
Unit Mix: The building consists of 1 commercial unit, ideal for a business or office space, as well as 1 spacious 1-bedroom unit and 2 comfortable 2-bedroom units. This diverse unit mix caters to a range of tenant needs.
Occupancy: All units are currently occupied, ensuring a steady income stream from day one. The stability of existing tenants provides a solid foundation for a seamless transition of ownership.
Upward Rent Potential: There is untapped potential for increased rental income. With the current market trends and the demand for housing in the area, strategic rent adjustments can be implemented to maximize returns.
Maintenance: The property has been well-maintained, minimizing immediate capital expenditures for the new owner.
Whether you're an experienced investor or just entering the real estate market, this property offers a compelling opportunity for financial growth. Don't miss out on the chance to add this income-generating asset to your investment portfolio. Contact us today to schedule a viewing and explore the potential of this Steelton gem!
Location: Situated in the heart of Steelton, PA, this property is conveniently located with easy access to local amenities, schools, and major transportation routes.
Unit Mix: The building consists of 1 commercial unit, ideal for a business or office space, as well as 1 spacious 1-bedroom unit and 2 comfortable 2-bedroom units. This diverse unit mix caters to a range of tenant needs.
Occupancy: All units are currently occupied, ensuring a steady income stream from day one. The stability of existing tenants provides a solid foundation for a seamless transition of ownership.
Upward Rent Potential: There is untapped potential for increased rental income. With the current market trends and the demand for housing in the area, strategic rent adjustments can be implemented to maximize returns.
Maintenance: The property has been well-maintained, minimizing immediate capital expenditures for the new owner.
Whether you're an experienced investor or just entering the real estate market, this property offers a compelling opportunity for financial growth. Don't miss out on the chance to add this income-generating asset to your investment portfolio. Contact us today to schedule a viewing and explore the potential of this Steelton gem!
Unit Size
-
Days on Market
65 days
Land Size
0.09 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1900
Listed By
Last updated: 10 days ago (Bright MLS #PADA2031168)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 18, 2024 | Price Decreased |
$299,900
↓ $25K
(7.7%)
|
|
Price Decreased | |||
Mar 28, 2024 | Price Decreased |
$324,900
↓ $25K
(7.1%)
|
|
Price Decreased | |||
Feb 22, 2024 | Listed by Keller Williams of Central PA | $349,900 | |
Listed by Keller Williams of Central PA | |||
Apr 30, 2012 | Sold | $55,000 | |
Sold |
Property Highlights
Parking Details
Parking Features: On Street
Interior Details
Interior Information
Living Area Square Feet Source: Estimated
Basement Information
Has Basement
Unfinished
Exterior Details
Property Information
Ownership Interest: Fee Simple
Year Built Source: Assessor
Building Information
Foundation Details: Block
Other Structures: Above Grade, Below Grade
Structure Type: Detached
Construction Materials: Brick, Block
Pool Information
No Pool
Lot Information
Tidal Water: N
Lot Size Source: Assessor
Land Information
Land Assessed Value: $105,300
Financial Details
County Tax: $760
County Tax Payment Frequency: Annually
City Town Tax: $1,579
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $105,300
Tax Year: 2022
Tax Annual Amount: $5,232
Year Assessed: 2023
Utilities Details
Cooling Type: None
Heating Type: Baseboard - Hot Water, Baseboard - Electric
Cooling Fuel: None
Heating Fuel: Natural Gas, Electric
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
638 South 2nd Street
638 South 2nd Street, Harrisburg, PA 17113
- 1 Unit for Sale