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2617-2629 Herr st 8 Unit Apartment Building Offered at $2,078,700 CAD at a 9.10% Cap Rate Harrisburg, PA 17103

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INVESTMENT HIGHLIGHTS

  • Twelve diverse income streams including a daycare, church, duplex, triplex, single-family home, two mobile homes, and flex space
  • Value-add opportunity to increase revenue by converting the 6-bed, 3-bath
  • Strong in-place cash flow producing a 9.1% cap rate with consistent occupancy and reliable tenant demand.

EXECUTIVE SUMMARY

NAI CIR is pleased to present the rare opportunity to acquire a stabilized, high-performing cash-flow portfolio located at 2617–2629 Herr Street in Penbrook Borough, Pennsylvania. The portfolio includes a daycare, church, duplex, triplex, single-family home, two (2) mobile homes, and one (1) flex/industrial space, offering a blend of residential, commercial, and specialty uses that drive strong occupancy and steady performance. Additional upside remains through strategic rent optimization, including the opportunity to significantly increase income by converting the 6- bedroom, 3-bath single-family home into a triplex, creating multiple new revenue streams on an already stabilized asset.

PROPERTY FACTS

Price $2,078,700 CAD
Price Per Unit $259,838 CAD
Sale Type Investment
Cap Rate 9.10%
No. Units 8
Property Type Multifamily
Building Size 18,463 SF
No. Stories 2
Year Built 1981
Zoning Commercial - Commercial Zoning
Walk Score®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 49-003-004
  • 49-003-003
  • 49-003-008
Land Assessment
$57,292 CAD
Improvements Assessment
$284,254 CAD
Total Assessment
$341,546 CAD
  • Listing ID: 38981335

  • Date on Market: 2026-01-06

  • Last Updated:

  • Address: 2617-2629 Herr st, Harrisburg, PA 17103

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