3 months on rocket

1615 Market St, Harrisburg, PA, 17103

$265,000

Home List Price

$3,147*

Closing Credit

0 Baths
2,127 SqFt
$125/SqFt
Multi
Schools Nearby

Location

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1615 Market St, Harrisburg$265,000

Buyer Closing Credits

$3,147*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOn Street
Year Built1900
HeatingBaseboard
CoolingNone
BasementYes
MLS #PADA2029996
Lot Size0.03 Acres
StatusActive
(ACTIVE)

About 1615 Market St

Cash-flowing, fully leased 4-unit apartment building Harrisburg ready for new owners! The building is comprised of 2 one-bedroom, one-bath units and 2 two-bedroom, one-bath units with current gross rents of $2,746/mo. There is room to increase rents by $2-250 PER unit, adding extra income to this already profitable property and pushing gross rents in excess of $3,400/mo! This is a GREAT investment opportunity in the Harrisburg City School District, located less than one mile from the State Capital and Restaurant Row. Whether you're a seasoned investor looking for your next multi-family investment or new to the real estate investment world this is the picture-perfect affordable asset for your portfolio! Electric/heat is split and paid by the tenant (no gas), and water/sewer/trash are paid by the landlord. Landlord expenses are lean at $5,500/yr for utilities (water/sewer/trash), $1,969/yr for taxes, and approximately $1,101/yr for insurance resulting in a fantastic turn-key investment opportunity in a great market!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1900
  • Living Area: 2,127 SqFt

Listing Office:

  • Office Name: Keller Williams Keystone Realty
  • Office Phone: (717) 755-5599
  • Listing Agent: Michael S Kushla II

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: None

Other

Directions Information:

  • Directions: N/A

Municipality:

  • City Of Harrisburg

Price Information

Listing Price Info

Price Summary:

  • List Price: $265,000
  • Price Per SqFt: $125/SqFt

Tax Information:

  • Annual Amount: $515
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Harrisburg, PA.

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Harrisburg, PA

City

Med. Sold Price

$229.9K

Med. Price/SqFt

$133

Avg. Days On Market

24

# of Sold Homes

116

1615 Market St vs Harrisburg

109 DAYS ON ROCKET

+85 Days

$265,000

+$35K More

$125/SqFt

-$9 Less

KEY TAKEAWAY

This property is $35K more than the Median Sold Price and $9/SqFt less than other homes in Harrisburg, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PADA2029996

Listing Office:

  • Office Name: Keller Williams Keystone Realty
  • Office Phone: (717) 755-5599
  • Listing Agent: Michael S Kushla II

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 5:15:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 25, 2020Home Sold
$90,000
May 11, 2011Home Sold
$59,900
Mar 01, 2011Home Sold
$36,500
Dec 21, 2007Home Sold
$75,000

Tax History

YEARPROP. TAXASSESSMENT
2021$515$39,300
2020$1,969$39,300
2019$1,930$39,300
2018$1,892$39,300
2017$1,892$39,300

History based on county public records data.

Payment Calculator

$1,390

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$861

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1442179
2
/10

  • Premier Arts and Science Charter School

  • 500 N 17th St

  • 0.29 miles

  • Public Charter Grades KG-5

school-card-donut-1442180
4
/10

  • Scott School

  • 1900 Derry St

  • 0.57 miles

  • Public District Grades KG-4

school-card-donut-1442181
5
/10

  • Melrose School

  • 2041 Berryhill St

  • 0.69 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,791. The majority of Harrisburg, PA residents have income less than $35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Dauphin County›Harrisburg›17103›1615 Market St

This home is located at 1615 Market St in Harrisburg, PA and zip code 17103. This 2,127 square foot home, which was built in 1900, sits on a 0.03 acre lot. It has been listed on Rocket Homes since January 09, 2024 and is currently priced at $265,000.

Harrisburg, PA housing market in March 2024 saw over 48 listings sold above listed price, more than 25 sold at listed price and over 43 sold below. The inventory of homes for sale in Harrisburg, PA between February 2024 and March 2024 increased by 3.5%. Listings spent 24 days on the market in March 2024, and had a median list price of $229,928 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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