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420 Wiconisco St

$490,000

420 Wiconisco St, Harrisburg, Pa 17110

Active
Last Updated: 02/08/2025

10.75

Cap Rate

52,667

NOI

Details:
Cap Rate:    10.75%
NOI:    $52,667
Building Size:    6,345 sqft
Year Built:    1965
Price Per Sqft:    $77.23
Zoning:    R12-5 TO 9 UNITS
Roof:    Fiberglass, Asphalt
Highlights:
  • Days on Market: 24
  • Heating: Hot Water
Description:

Turnkey 5 unit apartment building. Recently updated interiors, painted exterior and new roof. Needs no current improvements. Fully occupied with market rents in place. NOI at $52,600. This property is being sold as part of a 10 door portfolio which includes:

2229 N 6th St, Harrisburg PA 17110 (PADA2041534)
2605 N 6th St, Harrisburg PA 17110 (PADA2040852)
134 Sylvan Terrace, Harrisburg PA 17104 (PADA2040856)

The portfolio is fully rented and netting $120,370 annually. It is being offered at an 11 CAP with an asking price of $1.1M. Very low taxes and expenses for these turnkey units. Net sheets for all in docs.

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