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607 N High St 6 Unit Apartment Building $550,000 ($91,667/Unit) 6.81% Cap Rate Duncannon, PA 17020

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EXECUTIVE SUMMARY

You won't want to miss this purpose-built brick six-unit building offering a great blend of stability and upside. Five of the six units are currently occupied, with the final unit recently turned and ready for leasing. Each unit features a similar, efficient layout with 2 bedrooms, 1 bath, and in-unit laundry hookups. Off-street parking accommodates residents with ease. A brand-new roof provides peace of mind, while tenants handle their own electric — including heating and cooling — helping keep operating expenses in check. Landlord covers water, sewer, and trash. A potential projected NOI exceeds $37,000, making this a compelling investment for both seasoned and newer investors. Come take a look and see the value for yourself!

PROPERTY FACTS

Price $550,000
Price Per Unit $91,667
Sale Type Investment
Cap Rate 6.81%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.34 AC
Building Size 6,318 SF
No. Stories 3
Year Built 2000
Parking Ratio 1.27/1,000 SF
Zoning RES- Multifamily

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
060-118.01-191.000
Land Assessment
$23,800
Improvements Assessment
$207,700
Total Assessment
$231,500
  • Listing ID: 38408647

  • Date on Market: 11/11/2025

  • Last Updated:

  • Address: 607 N High St, Duncannon, PA 17020

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