Description
Rare opportunity to acquire a stabilized 7-unit multifamily asset in the Harrisburg market,offering immediate cash flow with a 7.38% cap rate. The property is 100% occupied with astrong, established tenant base, providing reliable in-place income from day one. Recent capitalimprovements include two fully renovated units, enhancing the property's overall conditionwhile creating opportunities for continued rent growth as units turn over. The property alsofeatures a paved off-street parking lot, a highly desirable amenity that supports tenantretention and marketability. Strategically located with convenient access to downtownHarrisburg, major employers, shopping, dining, public transportation, and major highways, thisasset is well-positioned to benefit from continued demand in the local rental market. Whetheryou're completing a 1031 exchange, expanding an existing multifamily portfolio, or seeking astable, income-producing investment, this turnkey property offers an attractive combination ofimmediate cash flow, recent upgrades, and long-term upside.
-
0BEDS
-
0.41ACRES
-
0BATHS
-
01/2 BATHS
School Information
Description
Rare opportunity to acquire a stabilized 7-unit multifamily asset in the Harrisburg market,offering immediate cash flow with a 7.38% cap rate. The property is 100% occupied with astrong, established tenant base, providing reliable in-place income from day one. Recent capitalimprovements include two fully renovated units, enhancing the property's overall conditionwhile creating opportunities for continued rent growth as units turn over. The property alsofeatures a paved off-street parking lot, a highly desirable amenity that supports tenantretention and marketability. Strategically located with convenient access to downtownHarrisburg, major employers, shopping, dining, public transportation, and major highways, thisasset is well-positioned to benefit from continued demand in the local rental market. Whetheryou're completing a 1031 exchange, expanding an existing multifamily portfolio, or seeking astable, income-producing investment, this turnkey property offers an attractive combination ofimmediate cash flow, recent upgrades, and long-term upside.
©2026 Bright MLS, All Rights Reserved. IDX information is provided exclusively 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Peak Asset Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2026-08-08T13:55:28.027.