1 Hereford St, Harrisburg, PA 17109

Prime Investment Opportunity – 1 Hereford St, Harrisburg, PA 17109 This multi-unit property is a rare find in a high-visibility, main location in Harrisburg, PA. With strong rental income, a large lot with commercial potential, and an attractive owner-financing option, this investment offers multiple opportunities for cash flow and future development. The property consists of seven residential units and three garages, generating a total monthly rental income of $12,225 and an annual income of $146,700. With annual expenses of $13,518, the property delivers a net operating income (NOI) of $133,182, resulting in a cap rate of 10.65% at the $1,250,000 asking price. Unit Breakdown: Seven residential units ranging from studios to 3-bedroom apartments, all fully leased. Three garage units, providing additional income streams. Additional Features: Large commercial lot with potential for business use or future development. High-traffic location, ideal for mixed-use opportunities. Owner-financing available, offering flexible purchasing options. This property is perfect for investors looking for strong cash flow with growth potential. Don't miss out on this versatile investment opportunity in a prime location. Contact us today for more details!