638 S 2nd St, Steelton, PA 17113
Local realty services provided by:ERA Cole Realty
638 S 2nd St,Steelton, PA 17113
$350,000
- 5 Beds
- - Baths
- 3,920 sq. ft.
- Multi-family
- Active
Listed by:andrew saft
Office:keller williams of central pa
MLS#:PADA2049318
Source:BRIGHTMLS
Price summary
- Price:$350,000
- Price per sq. ft.:$89.29
About this home
Welcome to this prime investment opportunity in Steelton, PA! This well-maintained 4-unit apartment building is a lucrative addition to your portfolio. 3 units are currently occupied, providing immediate cash flow, and there is significant potential for increased rental income.
Location: Situated in the heart of Steelton, PA, this property is conveniently located with easy access to local amenities, schools, and major transportation routes.
Unit Mix: The building consists of 1 commercial unit, ideal for a business or office space, as well as 1 spacious 1-bedroom unit and 2 comfortable 2-bedroom units. This diverse unit mix caters to a range of tenant needs.
Occupancy: All apartments are currently occupied, ensuring a steady income stream from day one. Commercial unit is vacant and you can pick your own tenant. The stability of existing tenants provides a solid foundation for a seamless transition of ownership.
Upward Rent Potential: There is untapped potential for increased rental income. With the current market trends and the demand for housing in the area, strategic rent adjustments can be implemented to maximize returns.
Maintenance: The property has been well-maintained, minimizing immediate capital expenditures for the new owner.
Whether you're an experienced investor or just entering the real estate market, this property offers a compelling opportunity for financial growth. Don't miss out on the chance to add this income-generating asset to your investment portfolio. Contact us today to schedule a viewing and explore the potential of this Steelton gem!
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Home facts
- Year built:1900
- Listing ID #:PADA2049318
- Added:19 day(s) ago
- Updated:September 28, 2025 at 01:29 PM
Rooms and interior
- Bedrooms:5
- Living area:3,920 sq. ft.
Heating and cooling
- Heating:Baseboard - Electric, Baseboard - Hot Water, Electric, Natural Gas
Structure and exterior
- Year built:1900
- Building area:3,920 sq. ft.
- Lot area:0.09 Acres
Schools
- High school:STEELTON-HIGHSPIRE JR-SR HIGH SCHOOL
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$350,000
- Price per sq. ft.:$89.29
- Tax amount:$3,812 (2024)
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