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Investment Highlights

  • Fully Renovated Apartment Units
  • Tenants Pay Their Own Heat (Electric)
  • Great Bedroom Mix

Executive Summary

Investor Opportunity! Renovated 8-unit apartment building situated on a desirable corner lot, offering strong visibility and long-term rental appeal. The majority of the property has been updated, featuring new flooring, fresh neutral paint, recessed lighting, and updated kitchens and bathrooms throughout many of the units. The unit mix provides an excellent balance, consisting of a combination of 2-bedroom/1-bath apartments, 1-bedroom/1-bath apartments and studio units, appealing to a wide range of tenants and supporting consistent occupancy. Kitchens have been updated with modern finishes, and bathrooms have been refreshed for a clean, contemporary look. Tenant-paid utilities include electricity and electric heat. Owner pays water, sewer, and trash. The corner location enhances accessibility and curb appeal, contributing to tenant demand. This property presents a solid opportunity for investors seeking a stabilized or value-add asset with recent improvements already in place and room for continued upside through remaining updates, rent optimization, or operational efficiencies. Conveniently located near local amenities, transportation routes, and everyday services. A strong addition to any investment portfolio. Schedule your showing today!

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,023,689 CAD
Price Per Unit $28,436 CAD
Sale Type Investment
Cap Rate 9.50%
No. Units 36
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.07 AC
Building Size 5,660 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1910/2025
Zoning Residential - Med Density - Residential - Med Density

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Eat-in Kitchen
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Carpet
  • Dining Room
  • Family Room
  • Porch
  • Large Bedrooms

Site Amenities

  • 24 Hour Access

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 1 $1,660 CAD -
2+1 2 $1,418 CAD -
2+1 3 $1,418 CAD -
1+1 4 $933.90 CAD -
Studios 5 $1,522 CAD -
1+1 6 $1,245 CAD -
2+1 7 $1,591 CAD -
Studios 8 $1,107 CAD -
Very walkable
80/100
Fairly drivable
50/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 09-054-058
  • 09-054-057
Land Assessment
$22,275 CAD
Improvements Assessment
$119,539 CAD
Total Assessment
$141,814 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
  • Listing ID: 40755903

  • Date on Market: 2026-06-02

  • Last Updated:

  • Address: 33 S 18th St, Harrisburg, PA 17104

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