1 Hereford Street Harrisburg, PA 17109
Listing Courtesy of: BRIGHT IDX / Camp Hill / Gianni Cavero-Aponte

  1 Hereford Street Harrisburg, PA 17109

Active (17 Days)
$1,200,000
9
BED
6
BATH

Description

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!

MLS #:
PADA2042998
Taxes
$5,018(2024)
Lot Size
0.65 acres
Type
Single-Family Home
Year Built
1947
Style
Bi-Level
School District
Central Dauphin
County
Dauphin County

Listed By

Gianni Cavero-Aponte, Camp Hill
Source
BRIGHT IDX
Last checked Apr 3 2025 at 4:35 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 6
Subdivision
  • Colonial Park Farms
Property Features
  • Below Grade
  • Above Grade
  • Foundation: Block
Heating and Cooling
  • Baseboard - Electric
  • Window Unit(s)
Exterior Features
  • Other
Utility Information
  • Sewer: Other
  • Fuel: Electric
School Information
  • High School: Central Dauphin East
Stories
  • 2
Location
   
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Disclaimer: Copyright 2025 Bright MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 4/3/25 09:35