1 Hereford Street
HARRISBURG, PA 17109
- 9 beds
- 6 baths
- – sqft
- ~3/4 acre lot
- 1947 build
Prime Investment Opportunity – 1 Hereford St, Harrisburg, PA 17109 This multi-unit property is a rare find in a high-visibility, main location in Harrisburg, PA. With strong rental income, a large lot with commercial potential, and an attractive owner-financing option, this investment offers multiple opportunities for cash flow and future development. The property consists of seven residential units and three garages, generating a total monthly rental income of $12,225 and an annual income of $146,700. With annual expenses of $13,518, the property delivers a net operating income (NOI) of $133,182, resulting in a cap rate of 10.65% at the $1,250,000 asking price. Unit Breakdown: Seven residential units ranging from studios to 3-bedroom apartments, all fully leased. Three garage units, providing additional income streams. Additional Features: Large commercial lot with potential for business use or future development. High-traffic location, ideal for mixed-use opportunities. Owner-financing available, offering flexible purchasing options. This property is perfect for investors looking for strong cash flow with growth potential. Don't miss out on this versatile investment opportunity in a prime location. Contact us today for more details!
Last checked:
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Last updated Mar 19, 2025
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MLS# PADA2042998 —
The Building
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Year Built:1947
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Other
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Structure Type:Detached
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Architectural Style:Bi-level
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Levels:2
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Accessibility Features:None
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Foundation Details:Block
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Basement:No
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt Source:Assessor
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Assessor
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Below Grade Unfinished SqFt Source:Assessor
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Living Area SqFt:0 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:Settlement
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Lease Considered:No
Location
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Directions:To reach 1 Hereford St, Harrisburg, PA 17109, from Phillips Elementary School at 100 Oakmont Rd, head east on Oakmont Rd toward Locust Ln, turn right onto Locust Ln, continue straight, then turn left onto Hereford St; your destination will be on the left.
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Latitude:40.29205000
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Longitude:-76.81173000
The Property
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Property Type:Residential
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Lot Size Units:Square Feet
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Lot Size Acres:0.65
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Lot Size Source:Assessor
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Lot SqFt:28,314 Sqft
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Zoning:RESIDENTIAL
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:R12
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (407) 308-9887
- Office phone:
- (717) 761-4800
Taxes
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Tax ID Number:35-059-093-000-0000
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Tax Year:2024
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Tax Annual Amount:$5,018
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Tax Assessed Value:$175,000
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Year Assessed:2025
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School Tax:3056.0
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County Tax:1465.00
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City/Town Tax:496.00
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:9
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Bedrooms Main Level:9
Baths
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Total Baths:6
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Full Baths:6
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Main Level Baths:6.00
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Main Level Full Baths:6
Heating & Cooling
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Cooling Type:Window Unit(s)
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Baseboard - Electric
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Other
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Hot Water:Natural Gas
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Water Source:Public
Schools
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High School:CENTRAL DAUPHIN EAST
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School District Name:Central Dauphin
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School District Source:Listing Agent
The Community
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Subdivision Name:Colonial Park Farms
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Senior Community:No
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Pool:No Pool
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HOA:No
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Condo/Coop Association:No
Parking
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Total Garage and Parking Spaces:4
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Garage:Yes
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Garage Features:Garage - Front Entry, Additional Storage Area
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Garage Spaces:4.00
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Type of Parking:Attached Garage
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# of Attached Garage Spaces:4
Extra Units
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Vacation Rental:No
Monthly cost estimate

Asking price
$1,200,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$6,425
|
Taxes | $418 |
Insurance | $330 |
Utilities | N/A |
Total | $7,173/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/18/25
Mar 18, 2025
|
Listed / Active | BRIGHT | $1,200,000 |