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2617-2629 Herr Street 3 Properties Offered at $1,500,000 in Harrisburg, PA
Investment Highlights
- Twelve diverse income streams including a daycare, church, duplex, triplex, single-family home, two (2) 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 high-performing cash-flow portfolio, located at 2617-2629 Herr Street, Harrisburg, PA. The portfolio includes a daycare, church, duplex, triplex, single-family home, two (2) mobile homes, and one (1) flex/industrial space. This property offers a blend of residential, commercial, and specialty uses that drive strong occupancy and steady performance. Opportunity to significantly increase income by converting the six (6) bedroom, three (3) bath single-family home into a triplex, creating multiple new revenue streams on an already stabilized asset.
Property Facts
| Price | $1,500,000 | Number of Properties | 3 |
| Price / SF | $85.95 / SF | Individually For Sale | 0 |
| Cap Rate | 9.10% | Total Building Size | 17,453 SF |
| Sale Type | Investment | Total Land Area | 0.62 AC |
| Status | Active |
| Price | $1,500,000 |
| Price / SF | $85.95 / SF |
| Cap Rate | 9.10% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 17,453 SF |
| Total Land Area | 0.62 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 2627 Herr St, Harrisburg, PA 17103 | Multifamily | 1,999 SF | 1900 | - |
| 2621-2623 Herr St, Harrisburg, PA 17103 | Office | 8,407 SF | 1940 | - |
| 2617-26219 Herr St, Harrisburg, PA 17103 | Retail | 7,047 SF | 1981 | - |
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2617-2629 Herr Street
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