Price Reduction - Waterfront
Address
1830 Penn Street, Harrisburg, PA
Price
$ 199,900
Property Attributes
- MLS#PADA2032508
- TypeMulti-Family
- CountyDAUPHIN
- CityHarrisburg
- AreaCity of Harrisburg
- NeighborhoodOlde Uptown
- Zip17102
- StyleTraditional
- Year Built1907
- Taxes$ 1960
- Price$ 199,900
- Bedrooms4
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.02 Acres
Data Source:
Bright MLS
Property Description
This is currently set up as TWO units. An owner occupant could live in one and rent the other to help with mortgage costs. OR a buyer could convert this into a single family house with 4 or 5 bedrooms, your choice in this desirable neighborhood. End unit only one adjoiner. Lots of possibilities here in Olde Uptown, 2 units live in one and rent the other, rent both, or convert the 2 units into one large 4-5 bedroom home for yourself/family/rent/flip in this great neighborhood, close to the Riverfront. Desirable neighborhood with well kept older homes intermixed with newer construction, a real revitalized area. Across the steet from playground and small park. First floor unit is 1 bedroom, and second unit is 3 bedrooms on the second and third floors. Low real estate taxes less than $2,000 total per year. Brand new natural gas furnace professuionally installed 2 years agofor 3 br. Two hot water heaters 1 gas (3Br) 1 electric (1br), each paid by tenants. Washer and Dryer hookups in basement. Only utilities paid by the owner are water, sewer and trash. Tenants pay all other utilitites. Close by to the Alvaro Bread and Pastry (also have great meals) and Little Amps Coffee Roasters, both great places in the neighborhood. (I've been to both) Rear porches recently rehabbed and painted as was most of exterior. This building is in great shape ready for a new owner in a great neighborhood. Exterior freshly painted including rear decks, just last week. Current rents 3br = $1,275 and 1br = $975. Rents are below median rent for the area and there is room to advance the current rents. Median rent, per FHA for a 1br is $1,021 and for a 3 br is $1,634. At Median FHA rent level yearly gross rent would be $31,860. Owner pays water, sewer & trash which totalled $2,393 last year. Owner pays insurance which totaled $828 last year and real estate taxes which totalled $1,921 last year. At the current rent 10.9 CAP rate. At the FHA Median rent of $31,860 would be 13.3 CAP rate and above Median rent, (which is 50% above and 50% below) the CAP reate would be even higher.
| High School |
|---|
| Harrisburg High School |
| Price History | |
|---|---|
| 5/5/2024 | Listed $209,900 |
| 6/14/2024 | 5% - $199,900 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | 90% Forced Air |
| Cooling | None |
| Utilities | Electric Available,Natural Gas Available,Sewer Available,Water Available |
| Possession | Settlement,Subject to Existing Lease |
| Appliances | Oven/Range - Electric,Refrigerator |
| Zoning | RESIDENTIAL MEDIUM DENSIT |
| Architectural Style | Traditional |
| Construction Materials | Brick |
| School District | HARRISBURG CITY |
| Exclusions | tenant property,furnishings and appliances |
| Year Built | 1907 |
| Property SubType | Duplex |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | None |
| OwnerPays | Water,Sewer,Trash Collection,Taxes - Real Estate,Insurance |
| Accessibility | 2+ Access Exits |
| County | DAUPHIN |
| New Construction | No |
| Property Type | Multi-Family |
| Subdivision Name | OLDE UPTOWN |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Total Rooms | 8 |
| Status | ACTIVE |
| Directions | North on Second Street,Harrisburg to R on Muench Street,then R on Penn Street to property. |
| ModificationTimestamp | 2024-06-14T17:20:20 |
| City | HARRISBURG |
| Buyer Agent Compensation | 3 |
| Zoning Description | Single family and duplex residential uses |
| NumberOfUnitsTotal | 2 |
| MLS Area | City of Harrisburg (14001) |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 871.00 |
| Tax Assessed Value | 38900.0 |
| Waterfront Y/N | No |
| Number of Units Leased | 1 |
| Tax Annual Amount | 1960.0 |
| Home Warranty Y/N | No |
| Property Condition | Very Good |
| Structure Type | Interior Row/Townhouse |
| One Bedroom Units Count | 1 |
| NumberOfUnitsVacant | 1 |
| Price Per Sq Ft Total AG | 118.99 |
| Acceptable Financing | Cash,Conventional,FHA,VA |
| Avg. Electric Per Month | 0.0 |
| Avg. Gas Per Month | 0.0 |
| Rent Control Y/N | No |
| Vacation Rental Y/N | No |
| Total SQFT | 1680 |
| Days on Market | 37 |
| Location Type | Urban |
| Standard Status | Active |
| Year Built Source | Assessor |
| Total Actual Rent | 27000.00 |
| Buyer Agent Compensation Type | % Of Gross |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Basement | Unfinished |
| Hot Water | Natural Gas |
| Total Stories | 4 |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Central Air Y/N | No |
| LivingAreaSource | Assessor |
| Three Bedroom Units Count | 1 |
| Avg. Heating Oil Per Month | 0.0 |
Exterior Features
| Pool | No Pool |
|---|---|
| Water Source | Public |
| Inclusions | 2 refrigerators,2 ranges |
| Type of Parking | On Street |
| Land Use Code | R11 |
| Foundation Details | Stone |
| Spa | No |
| Water View Y/N | No |
| Lot Size Acres | 0.02 |
| Lot Size Source | Assessor |
| Land Assessed Value | 10900.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 17102
Price
Taxes
Visits
Year Built
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