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549 S FRONT ST Harrisburg, PA 17104
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Key Details
Sold Price $359,900
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,920 sqft
Price per Sqft $123
Subdivision Shipoke
MLS Listing ID PADA2001542
Sold Date 08/31/21
Style Traditional
HOA Y/N N
Abv Grd Liv Area 2,920
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $5,999
Tax Year 2021
Lot Size 2,178 Sqft
Acres 0.05
Property Description
Incredible opportunity to own this 3-unit investment property in the heart of Shipoke! All 3 units are fully leased with supremely qualified tenants in 1-year leases. At first glance you'll notice that the entire brick facade has been freshly painted, a new door has been added to access the courtyard, and all three tenants have their own private mail boxes. Entry into the property is on an electronic keypad to which each tenant has their own access code. Once inside, you'll notice charm and cleanliness in the lobby which includes a shared washer and dryer as well as access to the first floor accommodations. Unit A is a large 950 square foot apartment with views of the river from the living room, an updated kitchen, full bathroom, and a primary suite complete with views of the courtyard. Make your way upstairs to find Unit B which has two bedrooms, updated laminate wood floors, an open kitchen and river views from not only the main living space but also both bedrooms! Last but certainly not least, is Unit C which is also on the second floor and features brand new laminate wood floors throughout, a completed renovated white kitchen with stainless steel appliances, and an incredible bathroom that has been meticulously remodeled! Unit C also has its very own deck with access to an unbelievably rooftop area constructed with low-maintenance synthetic decking as well as lighting throughout for the perfect ambiance! Possibly the most am Arguably one of the most amazing features of this property is a 2-car detached garage with an additional 400 square foot storage area that could easily be rented or finished and used as a studio apartment rental with a variance from the city. No expense was spared in the $100k worth of updates that have been made to this property! Reach out for more information about this $42,000+/year NET investment property with an 11% cap rate!
Location
State PA
County Dauphin
Area City Of Harrisburg (14001)
Zoning RESIDENTIAL R-11
Rooms
Basement Unfinished
Interior
Hot Water Natural Gas, Electric
Heating Radiator
Cooling Window Unit(s)
Equipment Oven/Range - Gas, Refrigerator
Fireplace N
Appliance Oven/Range - Gas, Refrigerator
Heat Source Natural Gas
Exterior
Garage Garage - Rear Entry, Garage Door Opener
Garage Spaces 2.0
Utilities Available Cable TV
Waterfront N
Water Access N
View River
Accessibility None
Total Parking Spaces 2
Garage Y
Building
Lot Description SideYard(s)
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
High Schools Harrisburg
School District Harrisburg City
Others
Tax ID 01-057-063-000-0000
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard
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Bought with Christopher Fulvio • Iron Valley Real Estate of Lancaster