Traditional, Victorian
3760 MONTOUR STREET
HARRISBURG, PA 17111
MLS#: PADA2064150
$1,595,000
Property
Beds
16
Full Baths
None
1/2 Baths
None
Year Built
1844
Sq.Footage
17,650
Don't miss out on the rare opportunity to invest in this 17 Unit Apartment Building with a present cap rate of 6.7%. Spacious 1844 Victorian Mansion divided into 11 unique apartments plus a 6 unit apartment addition built in the 1950's. The traditional Victorian architecture, complemented by durable brick and vinyl siding, enhances curb appeal while ensuring low maintenance. Inside, the property boasts a blend of classic and modern features, including built-ins, a stunning curved staircase, a mix of wood and lots of character. Exceptional turn-key investment opportunity located in the quiet neighborhood of Lenker Manor. Fully leased and in very good condition. The property backs to trees, ensuring privacy and a serene environment. Outdoor amenities include a wrap-around porch, deck and balcony. Parking is abundant with a paved lot accommodating up to 25 vehicles, enhancing tenant accessibility. The property is strategically located near essential services, making it attractive to potential renters. With a solid condition and a history of major renovations, this property is poised for strong rental returns. New architectural shingle main roof in 2011. New furnace in 2014. Some new siding, soffit and facia in 2016. Repaved parking lot in 2020. Newly sealed rubber roof in 2020. New hot water heater 2021.There are 4 two bedroom apartments, 8 one bedroom apartments and 5 studio apartments. Opportunity for a live in investor/caretaker. The residents pay for electric and cable. The Owners pay water, sewer, trash and gas heat. Present Cap rate of 6.7%. See agent remarks and associated documents for additional information! (Inside photos were taken over the years during tenant turnover)
Features & Amenities
Interior
-
Other Interior Features
Built-in Features
-
Total Bedrooms
16
-
Bathrooms
N/A
-
Above Grade Finished Area
17650.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Wall Unit(s), Electric
-
Heating YN
YES
-
Heating
Natural Gas, Hot Water, Zoned
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick, Frame, Vinyl Siding
-
Other Exterior Features
Balcony
-
Parking
On Street, Paved, Parking Lot
-
Patio and Porch Features
Deck, Wrap Around, Porch
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Corner Lot, Level
-
Lot Size(acres)
0.74
-
Lot Size(square feet)
32,234
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Traditional, Victorian
Price
-
Sales Price
$1,595,000
-
Tax Amount
$15,741
-
Sq. Footage
17,650
-
Price/SqFt
$90
HOA
-
Association
N/A
-
Total Monthly Fees
true
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
CENTRAL DAUPHIN EAST
Property Features
-
Stories
3
-
New Construction
NO
-
Foundation Details
Other
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
DAUPHIN
Elementary School
Middle School
High School
CENTRAL DAUPHIN EAST
Listing Courtesy of Stephen M Hawbecker, RE/MAX Realty Associates
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Salesperson, Realtor
Chana Shaffer
Call Chana today to schedule a private showing.
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