1 Hereford St - Apartments FOR SALE


Harrisburg, PA 17109- Progress/Colonial Park
$1,200,000 USD
717-992-5734
1 Hereford St, Harrisburg, PA for Sale
$1,200,000 USD
Apartments - FOR SALE
1/3
null | 8.81% Cap Rate

1 Hereford St
Harrisburg, PA 17109
Progress/Colonial Park


HIGHLIGHTS

  • 8-unit multifamily in Lower Paxton Township offered at $1,200,000 with $105,740 NOI (8.81% cap rate)
  • 0.65-acre site directly across from Central Dauphin Middle School; includes one (1) large garage and two (2) small garages
  • Limited availability of small multifamily assets in this submarket; Lower Paxton Township is a stable East Shore location with residential demand

OVERVIEW

NAI CIR is pleased to present an 8-unit multifamily property located in Lower Paxton Township, just outside of Harrisburg. The property is offered at $1,200,000 and generates $105,740 in NOI, representing an 8.81% cap rate. The building sits on a 0.65 acre lot directly across from Central Dauphin Middle School. The asset includes eight (8) residential units along with one (1) large garage and two (2) smaller garages. Lower Paxton Township is a well-established and stable East Shore submarket with consistent residential demand.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$156 USD /SF

# OF UNITS

8

PRICE/UNIT

$150,000

CAP RATE

8.81%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1 Hereford Street

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1947

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,931 SF

ZONING

Commercial Neighborhood

APN/PARCEL ID

35-059-093

ASK ABOUT THIS PROPERTY

Andrés GodoyNAI CIRMore Info
717-992-5734

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Andrés GodoyNAI CIRMore Info
717-992-5734

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.