1708 N. Market Street, Harrisburg, PA, 17103

1708 N. Market Street Harrisburg, PA 17103

1708 N. Market Street, Harrisburg, PA, 17103
1708 N. Market Street, Harrisburg, PA, 17103 1708 N. Market Street, Harrisburg, PA, 17103 1708 N. Market Street, Harrisburg, PA, 17103 1708 N. Market Street, Harrisburg, PA, 17103 1708 N. Market Street, Harrisburg, PA, 17103
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$169,900
Last Verified:
Oct 11, 2022

Highlights

  • Total of 8 units with historically minimal turnover
  • Shared kitchen/bathroom facilities
  • All units marketed as partially furnished

Description

Unique investment opportunity for owners looking for maximum cashflow with minimal management offered at an outstanding 10%+ cap rate. Eight-unit rooming house with historically low turnover and minimal owner expenses. All units are marketed as partially furnished with shared bathroom and kitchen facilities. Located in a strong market for workforce housing and with great access to public transit. Available for sale individually or as a part of a three-property portfolio--inquire for details.

On Market Street in Harrisburg

Building Size: 3816sq ft
Lot Size: 0 acres


Documents

1708 Market St_OM 2022

Map of 1708 N. Market Street, Harrisburg, PA, 17103

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.