33 S 18th St - Apartments FOR SALE


Harrisburg, PA 17104- East Harrisburg
$739,900 USD
973-666-1188
33 S 18th St, Harrisburg, PA for Sale
$739,900 USD
Apartments - FOR SALE
1/28
null | 9.5% Cap Rate

33 S 18th St
Harrisburg, PA 17104
East Harrisburg


HIGHLIGHTS

  • Fully Renovated Apartment Units
  • Great Bedroom Mix
  • Tenants Pay Their Own Heat (Electric)

OVERVIEW

Investor Opportunity! Renovated 8-unit apartment building situated on a desirable corner lot, offering strong visibility and long-term rental appeal. The majority of the property has been updated, featuring new flooring, fresh neutral paint, recessed lighting, and updated kitchens and bathrooms throughout many of the units. The unit mix provides an excellent balance, consisting of a combination of 2-bedroom/1-bath apartments, 1-bedroom/1-bath apartments and studio units, appealing to a wide range of tenants and supporting consistent occupancy. Kitchens have been updated with modern finishes, and bathrooms have been refreshed for a clean, contemporary look. Tenant-paid utilities include electricity and electric heat. Owner pays water, sewer, and trash. The corner location enhances accessibility and curb appeal, contributing to tenant demand. This property presents a solid opportunity for investors seeking a stabilized or value-add asset with recent improvements already in place and room for continued upside through remaining updates, rent optimization, or operational efficiencies. Conveniently located near local amenities, transportation routes, and everyday services. A strong addition to any investment portfolio. Schedule your showing today!

FOR SALE DETAILS

PRICE

$739,900 USD

PRICE/SF

$131 USD /SF

# OF UNITS

36

PRICE/UNIT

$20,553

CAP RATE

9.5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

Residential - Med Density

APN/PARCEL ID

09-054-057,09-054-058

ASK ABOUT THIS PROPERTY

Jimmy TheluscaPagoda RealtyMore Info
973-666-1188

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Jimmy TheluscaPagoda RealtyMore Info
973-666-1188

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