1422 Market St, Harrisburg, PA 17103

$325,000
: 5,356
SqFt

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List Price: $325,000
Days on Market: 1
Status: ACTIVE
MLS#: PADA2064522
Living Area: 5,356
Lot Size (Acres): 0.07
Style: Traditional
Year Built: 1900
County: Dauphin
School District: Harrisburg City

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Property Description

Attention professional investors! Here is a great opportunity for a solid performing property with decades of performance. This 13-room property was once used as a convent for a local church. Why is that important? Two reasons: It was set up to house a lot of occupants as evidenced by the sprinkler system, multiple stair cases, multiple bathrooms and dormitory style 3rd floor bathroom, and most importantly use. This is legally zoned/licensed. The numbers simply speak volumes. At the current list price, a 20% return should certainly grab your attention. Major investments include a new boiler system to be installed in October, full roof replacement in 2019, most windows have been replaced, annual sprinkler system testing/maintenance, metal rear fire escape and 2 new water heaters in 2010. Property is presently vacant for new operator.

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Additional Information

Area: City of Harrisburg (14001)
Taxes: $4982
Stories: 3
Interior Features: Additional Stairway, Bathroom - Soaking Tub, Bathroom - Stall Shower, Bathroom - Tub Shower, Bathroom - Walk-In Shower, Breakfast Area, Carpet, Ceiling Fan(s), Dining Area, Double/Dual Staircase, Entry Level Bedroom, Sprinkler System, Stain/Lead Glass
School District: Harrisburg City
High School: Harrisburg
Fireplaces: 2
Fireplace Description: Gas/Propane
Heating: Radiator
Heating Fuel: Natural Gas
Cooling: None
Roof: Rubber
Water: Public
Sewer: Public Sewer
Basement: Yes