1 Hereford Street Harrisburg, PA 17109

$1,200,000
9
Beds
6
Baths
0.65
Acres
$1,200,000
9
Beds
6
Baths
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Prime Investment Opportunity – 1 Hereford St, Harrisburg, PA 17109This multi-unit property is a rare find in a high-visibility, main location in Harrisburg, PA. With strong rental income, a large lot with commercial potential, and an attractive owner-financing option, this investment offers multiple opportunities for cash flow and future development.The property consists of seven residential units and three garages, generating a total monthly rental income of $12,225 and an annual income of $146,700. With annual expenses of $13,518, the property delivers a net operating income (NOI) of $133,182, resulting in a cap rate of 10.65% at the $1,250,000 asking price.Unit Breakdown:Seven residential units ranging from studios to 3-bedroom apartments, all fully leased.Three garage units, providing additional income streams.Additional Features:Large commercial lot with potential for business use or future development.High-traffic location, ideal for mixed-use opportunities.Owner-financing available, offering flexible purchasing options.This property is perfect for investors looking for strong cash flow with growth potential. Don't miss out on this versatile investment opportunity in a prime location. Contact us today for more details!

Prime Investment Opportunity – 1 Hereford St, Harrisburg, PA 17109This multi-unit property is a rare find in a high-visibility, main location in Harrisburg, PA. With strong rental income, a large lot with commercial potential, and an attractive owner-financing option, this investment offers multiple opportunities for cash flow and future development.The property consists of seven residential units and three garages, generating a total monthly rental income of $12,225 and an annual income of $146,700. With annual expenses of $13,518, the property delivers a net operating income (NOI) of $133,182, resulting in a cap rate of 10.65% at the $1,250,000 asking price.Unit Breakdown:Seven residential units ranging from studios to 3-bedroom apartments, all fully leased.Three garage units, providing additional income streams.Additional Features:Large commercial lot with potential for business use or future development.High-traffic location, ideal for mixed-use opportunities.Owner-financing available, offering flexible purchasing options.This property is perfect for investors looking for strong cash flow with growth potential. Don't miss out on this versatile investment opportunity in a prime location. Contact us today for more details!

  • Neighborhood
  • Type
  • Total Baths
  • County
    Dauphin
  • Area
    Lower Paxton Twp
  • Tax Amount
    $5,018
  • Status
    Active
  • Listing #
    PADA2042998
  • Built
    1947
  • Lot Size
    0.65
  • Listed on site
    2 days
  • Listing Agent Id
    301729313271

Listed by:
Coldwell Banker Realty

Source:
BRIGHT MLS

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Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • Has garage
  • No Pool

Interior Features

  • Heat Electric
  • Main Floor Bedroom

Style

  • Bi-Level
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Stephen Gabauer
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