About This Home
This 0-bedroom, 0-bathroom other at 4597 ETHEL Street in Harrisburg, PA is listed for $1,299,000. Built in 1970, on a 0.41 acres lot.
Key Features
- Built in 1970
- 0.41 acre lot
- 10 parking spaces
Property Details
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 a strong, established tenant base, providing reliable in-place income from day one.
Recent capital improvements include two fully renovated units, enhancing the property's overall condition while creating opportunities for continued rent growth as units turn over. The property also features a paved off-street parking lot, a highly desirable amenity that supports tenant retention and marketability.
Strategically located with convenient access to downtown Harrisburg, major employers, shopping, dining, public transportation, and major highways, this asset is well-positioned to benefit from continued demand in the local rental market. Whether you're completing a 1031 exchange, expanding an existing multifamily portfolio, or seeking a stable, income-producing investment, this turnkey property offers an attractive combination of immediate cash flow, recent upgrades, and long-term upside.
Monthly Cost Estimate
$6,947/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4597 ETHEL Street
Harrisburg, PA 17109
Property Details
Construction
Parking
Heating
Questions & Answers
This 0-bedroom, 0-bathroom other at 4597 ETHEL Street is listed at $1,299,000. The estimated monthly payment is $6,947 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1970, 0.41 acre lot, 10 parking spaces.
This property is listed by Chad Hurst and can be reached at 7173716168.
