Investments Sales Management

Traditional

1422 MARKET STREET

HARRISBURG, PA 17103

MLS#: PADA2064522

$325,000

Status: Active
Listing number: PADA2064522
Listing provided by: RE/MAX Realty Associates
Listing agent phone: None
Last update: a day ago
New on site 2 days ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1900

Sq.Footage

5,356

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.

Features & Amenities

Interior

  • Other Interior Features

    Ceiling Fan(s), Soaking Tub

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Above Grade Finished Area

    5356.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), None

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Natural Gas, Radiant

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.07

  • Lot Size(square feet)

    3,049

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

  • Architectural Style

    Traditional

Price

  • Sales Price

    $325,000

  • Tax Amount

    $4,982

  • Financing Options

    Cash, Conventional

  • Sq. Footage

    5,356

  • Price/SqFt

    $60

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    HARRISBURG

Property Features

  • Stories

    3

  • New Construction

    NO

  • Foundation Details

    Block, Stone

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

DAUPHIN

Elementary School

Middle School

High School

HARRISBURG

Listing Courtesy of DAVID OBENSTINE V, RE/MAX Realty Associates

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Agent Nick Polinchock

Owner, Chief Executive Officer, Portfolio Advisor

Nick Polinchock

Call Nick today to schedule a private showing.

(267) 614-1331

(215) 821-8836

nick@tntrealestatesolutions.com


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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.

1422 MARKET STREET

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