Barbara Reamer
SQUARE FEET5,356
MLS#PADA2064522
STATUSPENDING
PROPERTY TYPEMulti Unit - Multiple
SCHOOLHARRISBURG CITY
Property Description
Attention professional investors! Here is a great opportunity for a solid performing property with decades of performance. This 13-room property was once used as a convent for a local church. Why is that important? Two reasons: It was set up to house a lot of occupants as evidenced by the sprinkler system, multiple stair cases, multiple bathrooms and dormitory style 3rd floor bathroom, and most importantly use. This is legally zoned/licensed. The numbers simply speak volumes. At the current list price, a 20% return should certainly grab your attention. Major investments include a new boiler system to be installed in October, full roof replacement in 2019, most windows have been replaced, annual sprinkler system testing/maintenance, metal rear fire escape and 2 new water heaters in 2010. Property is presently vacant for new operator.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Cooling: None
Fireplaces: 2
Fuel Type: Natural Gas
Heating: Radiator
Home Style: Traditional
Lot Size: 0.07 Acres
Roof Type: Rubber
Taxes: $4,982
Year Built: 1900
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Exterior: Brick
Fireplace: Gas/Propane
Interior: Additional Stairway, Bathroom - Soaking Tub, Bathroom - Stall Shower, Bathroom - Tub Shower, Bathroom - Walk-In Shower, Breakfast Area, Carpet, Ceiling Fan(s), Dining Area, Double/Dual Staircase, Entry Level Bedroom, Sprinkler System, Stain/Lead Glass
Lot Dimensions: 0.07 Acre(S)
Municipality: CITY OF HARRISBURG
Number of Rooms: 25
Sewer: Public Sewer
Structure Type: Detached
Studio Efficiency Units: 13
Units: 4
Water: Public
Local Schools
High School: HARRISBURG
School District: HARRISBURG CITY
Listed By / Shown By
Listed By
Agency Name: RE/MAX Realty Associates
Agency Phone: 7177616300
Shown By
Agent Name: Barbara Reamer
Agent Phone: Cell: (443) 570-9919
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First AmericanEstimate Your Payment
Estimated Payment
$ 1,233.27 per month $723.31 Principal & Interest $415.17 Property Tax $94.79 Homeowner's Insurance
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
1422 Market Street | MLS# PADA2064522
This multi-family property located at 1422 Market Street, Harrisburg, PA 17103 is currently listed for sale with an asking price of $325,000. Market Street is located within the HARRISBURG CITY school district. Search Harrisburg real estate on www.barbreamer.com today.