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PORTFOLIO 2848 Walnut Street

HARRISBURG, PA 17103
  • $2,775,000
  • STATUS: Active Under Contract
  • ON SITE: 223 Days
  • ID#: PADA132728
Under Contract
UPDATED: 46 min ago
$2,775,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,290
    SQFT
  • $2,151
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1925
County:

School Information

High School:
School District:

Description

A huge price reduction along with an additional property being added to the package makes this an opportunity that will probably not be found again! This portfolio in Penbrook and Susquehanna Twp boasts a great mix of property types, from single family homes, to apartments and even garages. The 52 units on 28 parcels offer a more than impressive 13%+ cap rate, and any investor can see that the current rents are not up to market rates (the current seller has been in the business for 40 years and is ready to retire). THE SELLER IS NOW WILLING TO SPLIT THE PACKAGE APART, SO THIS OFFERING IS SUBJECT TO CHANGE. If you have an interest in any particular property or properties in this package, please call us to discuss. The parcels included in this offering are: 3430 Schoolhouse Ln, Harrisburg, PA 17109, 46 N 34Th St, Harrisburg, PA 17109, 48 N 34Th St, Harrisburg, PA 17109, 50 N 34Th St, Harrisburg, PA 17109, 136 N 28Th St, Harrisburg, PA 17109, 4312 N 6Th St, Harrisburg, PA 17110, 26 S 28Th St, Harrisburg, PA 17103, 26 S 28Th St, Harrisburg, PA 17103, 2809 Penbrook Ave, Harrisburg, PA 17103, 2838 Penbrook Ave, Harrisburg, PA 17103, 15 S 29Th St, Harrisburg, PA 17103, 2848 Walnut St, Harrisburg, PA 17103, 24 N 28Th St, Harrisburg, PA 17103, 28 Butler St, Harrisburg, PA 17103, 63 Butler St, Harrisburg, PA 17103, 25 Butler St, Harrisburg, PA 17103, 26 S 24Th St, Harrisburg, PA 17103, 7 June Ave (aka 7 Sherman), Harrisburg, PA 17103, 7 Angle Aly, Harrisburg, PA 17103, 2623 Penbrook Ave, Harrisburg, PA 17103, 2537 Penbrook Ave, Harrisburg, PA 17103, 2535 Penbrook Ave, Harrisburg, PA 17103, 2536 Canby St, Harrisburg, PA 17103, 2734 Penbrook Ave, Harrisburg, PA 17103, 23 N 28Th St, Harrisburg, PA 17103, 2371 Canby St, Harrisburg, PA 17103, 23 N 28Th St, Harrisburg, PA 17103 and 2629 Penbrook Ave, Harrisburg

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or AG Residential | KW Metro Center. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-07T06:53:03.93.
www.sellingdcmetro.com/homes/116512182
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PORTFOLIO 2848 Walnut Street HARRISBURG, PA 17103

  • Price: $2,775,000
  • Status: Active Under Contract
  • On Site: 223 Days
  • Updated: 46 min ago
  • ID#: PADA132728
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1,290
SQFT
$2,151
$/SQFT
1925
Built
Neighborhood:
Penbrook Boro (14048)
County:
Dauphin
Area:
Penbrook Boro (14048)
High School:
Central Dauphin
School District:
Central Dauphin
Property Description
A huge price reduction along with an additional property being added to the package makes this an opportunity that will probably not be found again! This portfolio in Penbrook and Susquehanna Twp boasts a great mix of property types, from single family homes, to apartments and even garages. The 52 units on 28 parcels offer a more than impressive 13%+ cap rate, and any investor can see that the current rents are not up to market rates (the current seller has been in the business for 40 years and is ready to retire). THE SELLER IS NOW WILLING TO SPLIT THE PACKAGE APART, SO THIS OFFERING IS SUBJECT TO CHANGE. If you have an interest in any particular property or properties in this package, please call us to discuss. The parcels included in this offering are: 3430 Schoolhouse Ln, Harrisburg, PA 17109, 46 N 34Th St, Harrisburg, PA 17109, 48 N 34Th St, Harrisburg, PA 17109, 50 N 34Th St, Harrisburg, PA 17109, 136 N 28Th St, Harrisburg, PA 17109, 4312 N 6Th St, Harrisburg, PA 17110, 26 S 28Th St, Harrisburg, PA 17103, 26 S 28Th St, Harrisburg, PA 17103, 2809 Penbrook Ave, Harrisburg, PA 17103, 2838 Penbrook Ave, Harrisburg, PA 17103, 15 S 29Th St, Harrisburg, PA 17103, 2848 Walnut St, Harrisburg, PA 17103, 24 N 28Th St, Harrisburg, PA 17103, 28 Butler St, Harrisburg, PA 17103, 63 Butler St, Harrisburg, PA 17103, 25 Butler St, Harrisburg, PA 17103, 26 S 24Th St, Harrisburg, PA 17103, 7 June Ave (aka 7 Sherman), Harrisburg, PA 17103, 7 Angle Aly, Harrisburg, PA 17103, 2623 Penbrook Ave, Harrisburg, PA 17103, 2537 Penbrook Ave, Harrisburg, PA 17103, 2535 Penbrook Ave, Harrisburg, PA 17103, 2536 Canby St, Harrisburg, PA 17103, 2734 Penbrook Ave, Harrisburg, PA 17103, 23 N 28Th St, Harrisburg, PA 17103, 2371 Canby St, Harrisburg, PA 17103, 23 N 28Th St, Harrisburg, PA 17103 and 2629 Penbrook Ave, Harrisburg
Exterior Features

Architectural Style Cape CodRanch/RamblerSide-By-SideTraditional Construction Materials Frame Garage YN No Other Structures Above GradeBelow Grade Parking Types Off StreetOn Street Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1290 Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Fireplaces Total 0 Heating Baseboard - ElectricRadiant Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 0

Property Features

Acceptable Financing Bank PortfolioCash Accessibility Features None Assessment Year 2021 Association YN No Central Air YN No Cooling Fuel None Electric Circuit Breakers Existing Lease Type Long TermMonth To Month Gross Income 332700.00 Heating Fuel ElectricNatural Gas Hot Water ElectricNatural Gas Insurance Expense 6341.00 Maintenance Expense 11888.00 Municipality Penbrook Boro Navigable Water YN N New Construction YN No Number Of Units Total 4 Original MLSNumber 304579065125 Other Expense 1519.00 Owner Pays InsuranceRepairsTaxes - Real Estate Ownership Interest Fee Simple Possession Settlement Property Sub Type Other Sale Type Standard Sewer Public Sewer Structure Design Type Other Tax Annual Amount 1407.00 Tax Assessment Amount 39200.00 Total Actual Rent 332700.00 Vacation Rental YN No Water Source Public Zoning Residential

Listing courtesy of Century 21 Realty Services.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or AG Residential | KW Metro Center. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-07T06:53:03.93.
 
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