2464-2466 Market Street

Description

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! Projected rents could command a cap rate of around 9.42%. 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.