224 HARRIS STREET
HARRISBURG, PA 17102

$565,000

Number of Units: 4
Type: Multi-Unit Residential
Listing #PADA2034298
Welcome to 224 Harris St, a well-maintained 5-unit multi-family property nestled in the heart of Midtown Harrisburg. This charming building offers a fantastic investment opportunity with steady rental income in a desirable neighborhood.Key Features:Prime Location: Conveniently situated in the heart of Midtown Harrisburg, not in the flood plain, public transportation, restuarants and entertainment, making it highly attractive to tenants.Well-Maintained Units: Each unit is thoughtfully designed with spacious living areas, modern amenities, and ample natural light.Unit Breakdown:Unit 1: 1st floor front - 1 bedroom, 1 bathUnit 2: 1st floor rear - studio, 1 bathUnit 3: 2nd floor front - 1 bedroom, 1 bathUnit 4: 2nd floor rear - Studio, 1 bathUnit 5: 3rd floor - 2 bedroom, 1 bathUpgraded Systems: Recent updates include a new roof, and upgraded electrical and plumbing, reducing maintenance costs and enhancing efficiency. Each unit has separate electric, heat and separate hot water heaters.Outdoor Space: A shared backyard provides a pleasant outdoor space for tenants to relax and enjoy.Investment Potential: Consistent occupancy rates and competitive rental prices make this property a lucrative investment with potential for future appreciation.Financial Information: Just updated to reflect tenant going in furnishe 1st floor rear apartment on September 1, 2024. See updated financials in associated documents.Annual Gross Income: $64,620Annual Expenses: $12,982Net Operating Income: $51,638Please allow 48 hour notice and proof of financing prior to all showings.Come make this part of your investment portfolio for years to come.
Listing Courtesy of: Iron Valley Real Estate of Central PA (717) 745-2929
Property Features
Location Information
County: DAUPHIN
Municipality: CITY OF HARRISBURG
Cross Street: Green
Latitude: 40.27241
Longitude: -76.89277
MLS Area: City of Harrisburg (14001)
Subdivision: HISTORIC MIDTOWN
Interior Features
Heating: Baseboard - Electric
Heating Fuel: Electric
Cooling: Ceiling Fan(s)
Building Floors: 3
Water Heater: Electric
Number of 1 Bedroom Units: 2
Number of 2 Bedroom Units: 1
Number of 3 Bedroom Units: 0
Total Number of Units: 4
Exterior Features
Is New Construction: No
Foundation: Stone
Septic or Sewer: Public Sewer
Water: Public
Has Garage: No
Lot Size in Acres: 0.04
Zoning: RESIDENTIAL
School
High School: HARRISBURG HIGH SCHOOL
Additional Information
ListDate: 2024-06-04 00:00:00.0
Property SubType: Other
Year Built: 1920
Status: Active
Tax Year: 2022
Tax Amount: $2,755


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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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