NOT LISTED FOR SALE
-- Bed
4 Baths
3,201 Sq Ft
5,227 Sq Ft Lot

Last Sold May 30, 2023

Last sale price $325,000 $102 Per Sq Ft

71 Days on Market

Highlights

  • 0.12 Acre Lot
  • Space For Rooms
  • Carpet
  • Traditional Architecture
  • More Than Two Accessible Exits
  • Hot Water Baseboard Heater

About This Home

As of May 2023

INVESTOR ALERT!!! NEW ADJUSTED PRICE! COULD COMMAND A 10.22% PROJECTED CAP RATE!!! Whether you're a seasoned investor or looking to start building an investment property portfolio, you will not want to miss this rare opportunity to own a 4+ unit brick quadruplex in a prime location of Harrisburg City. Well-kept and fully leased building boasts separate entrances to individual units, and off-street parking for each unit! 2 2-Bedroom Units and 2 1-Bedroom Units with shared decks currently generating an approximate NET of $27,790 annually. Individual gas boilers for each unit provide baseboard hot water heat. Units were substantially upgraded in 2014-2015 and well-maintained ever since. Replacement windows throughout! Basement with walk-out access could be huge storage for the eventual property manager to keep tools and materials for current properties, additional projects, OR 4 additional storage spaces could provide additional rental income for each unit if future owner desires. Potential for basement laundry, too! Current owner pays water/sewer, hot water, and whole house electric. This is a PRIME opportunity to own and manage a property with in-demand units, very near to the Capitol Complex, bus stop, and the attractions of the City of Harrisburg. Agents, please see scheduled showing times for tours.

Last Agent to Sell the Property

John T Holtzman

Howard Hanna Company-Harrisburg Listed on: 02/11/2023

Howard Hanna Company-Harrisburg

Last Buyer's Agent

Sangramdip Sonny Bajwa

Cavalry Realty LLC License #RS357894

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,872

Year Built

  • Built in 1951

Lot Details

  • 5,227

Home Design

  • 3,201 Sq Ft Home
  • Quadruplex
  • Traditional Architecture
  • Side-by-Side
  • Brick Exterior Construction
  • Permanent Foundation
  • Block Foundation
  • Poured Concrete
  • Rubber Roof

Flooring

  • Carpet
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Shelving
  • Space For Rooms

Parking

  • 6 Parking Spaces
  • 6 Off-Street Spaces
  • Gravel Driveway

Schools

  • Harrisburg High School

Utilities

  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Additional Features

  • More Than Two Accessible Exits
  • 5,227 Sq Ft Lot

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for trash collection, real estate taxes, water, sewer
  • Assessor Parcel Number 09-099-010-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,872

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Side-By-Side, Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Refrigerators (4), Oven/Ranges (4)
  • New Construction: No
  • Expected On Market: 2023-02-11
  • Year Built: 1951
  • Automatically Close On Close Date: No
  • Remarks Public: INVESTOR ALERT!!! NEW ADJUSTED PRICE! COULD COMMAND A 10.22% PROJECTED CAP RATE!!! Whether you're a seasoned investor or looking to start building an investment property portfolio, you will not want to miss this rare opportunity to own a 4+ unit brick quadruplex in a prime location of Harrisburg City. Well-kept and fully leased building boasts separate entrances to individual units, and off-street parking for each unit! 2 2-Bedroom Units and 2 1-Bedroom Units with shared decks currently generating an approximate NET of $27,790 annually. Individual gas boilers for each unit provide baseboard hot water heat. Units were substantially upgraded in 2014-2015 and well-maintained ever since. Replacement windows throughout! Basement with walk-out access could be huge storage for the eventual property manager to keep tools and materials for current properties, additional projects, OR 4 additional storage spaces could provide additional rental income for each unit if future owner desires. Potential for basement laundry, too! Current owner pays water/sewer, hot water, and whole house electric. This is a PRIME opportunity to own and manage a property with in-demand units, very near to the Capitol Complex, bus stop, and the attractions of the City of Harrisburg. Agents, please see scheduled showing times for tours.
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring Type: Carpet, Vinyl
  • Foundation Details: Block, Permanent
  • Basement: Yes
  • Basement Type: Full, Outside Entrance, Poured Concrete, Shelving, Space For Rooms
  • Total Sq Ft: 3201
  • Living Area Sq Ft: 3201
  • Price Per Sq Ft: 109.31
  • Above Grade Finished Sq Ft: 3201
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2464-2466

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 6

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: HARRISBURG CITY
  • High School: HARRISBURG HIGH SCHOOL
  • High School Source: Listing Agent
  • School District Key: 300200397245
  • School District Source: Listing Agent
  • High School: HARRISBURG HIGH SCHOOL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 96100.00
  • Land Assessed Value: 10500.00
  • Land Use Code: R11
  • Lot Size Acres: 0.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5227.00
  • Year Assessed: 2023
  • Zoning: R11 - APTS - 4 OR LESS

Rental Info

  • Owner Pays: Trash Collection, Taxes - Real Estate, Water, Sewer
  • Total Actual Rent: 39840.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10530254
  • School Tax: 3281.00
  • Tax Annual Amount: 4872.00
  • Assessor Parcel Number: 09-099-010-000-0000
  • Tax Total Finished Sq Ft: 3201
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 05/30/2023

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: HARRISBURG CITY

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2023 05/30/23 Sold $325,000 -7.1% $102 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
03/31/2023 03/31/23 Price Changed $349,900 -7.9% $109 / Sq Ft
02/11/2023 02/11/23 For Sale $379,900 +299.9% $119 / Sq Ft
01/23/2014 01/23/14 Sold $95,000 -20.8% $30 / Sq Ft
11/05/2013 11/05/13 Pending -- -- --
10/18/2013 10/18/13 For Sale $119,900 -- $37 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PADA2020550

Bright MLS

APN: 09-099-010