Multifamily Housing
1500 Verbeke Street Harrisburg, PA 17103
Details & Description
Price: $1,100,000
    KW Commercial is pleased to present a unique Value Add Multifamily Portfolio in the heart of Pennsylvania's State Capitol Harrisburg. The portfolio consists of four separate buildings within a 2 mile proximity. The unit breakdown among the four buildings are 13 units in one building, 4 units in the second, 3 units in the third building, and a 3 bed 1 bath townhouse.Most units are currently under market rent which gives the potential investor upside potential. All units have been meticulously maintained and improved during any tenant turnover.
    Property Highlights
    Additional Photos
    Listing Agents
    Brady Carroll
    KW Commercial
    O: 610-291-9895
    bcarroll@kwcommercial.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1500 Verbeke Street

    Harrisburg, PA 17103

    Listing ID: 265536
    • 1500 Verbeke Street Harrisburg, PA 17103 | for Sale | Photo 1
    • 1500 Verbeke Street Harrisburg, PA 17103 | for Sale | Photo 2
    • 1500 Verbeke Street Harrisburg, PA 17103 | for Sale | Photo 3
    • 1500 Verbeke Street Harrisburg, PA 17103 | for Sale | Photo 4
    1500 Verbeke Street | for Sale | Thumbnail 1
    1500 Verbeke Street | for Sale | Thumbnail 2
    1500 Verbeke Street | for Sale | Thumbnail 3
    1500 Verbeke Street | for Sale | Thumbnail 4
    Building Size: 17,022 SF
    Lot Size: 0.300 AC
    Land Size: 13,068 SF
    Building $/SF: $64.62
    Land $/SF: $84.18
    Price
    $1,100,000
    Property Highlights
    Value Add Multiple Property Investment Portfolio
    19 1 Bed1 Bath Units 1 3 Bed2 Bath Unit 1 3 Bed1 Bath Unit
    All properties within 2 mile proximity
    Properties have been renovated and updated over past four years
    Most units hold 2 months security deposits
    New roof decking 2019
    Pointing of brick around building 2019
    New flooring appliances throughout
    New laundry machines
    New fire alarm system
    LED lighting throughout common areas
    Description

    KW Commercial is pleased to present a unique Value Add Multifamily Portfolio in the heart of Pennsylvania's State Capitol Harrisburg. The portfolio consists of four separate buildings within a 2 mile proximity. The unit breakdown among the four buildings are 13 units in one building, 4 units in the second, 3 units in the third building, and a 3 bed 1 bath townhouse.

    Most units are currently under market rent which gives the potential investor upside potential. All units have been meticulously maintained and improved during any tenant turnover.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Harrisburg History of Multifamily Housing for Sale

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    Harrisburg Area Market Trends

    Listing Demographics for 1500 Verbeke Street Harrisburg, PA 17103

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population16,104113,839219,341
    Population Median Age343739
    Population by Age0-9 Yrs2453 (15%)14683 (12%)26487 (12%)
    10-19 Yrs2406 (14%)12125 (10%)24616 (11%)
    20-29 Yrs3055 (18%)21308 (18%)33945 (15%)
    30-39 Yrs2152 (13%)15842 (13%)30404 (13%)
    40-49 Yrs1703 (10%)14240 (12%)28281 (12%)
    50-59 Yrs1861 (11%)14685 (12%)28856 (13%)
    60-69 Yrs1306 (8%)11917 (10%)25097 (11%)
    70+ Yrs1167 (7%)9039 (7%)21656 (9%)
    Median HH Income$37,354$50,348$56,884
    Total Household Income< 24K2120 (34%)11722 (22%)17774 (18%)
    25-49K1741 (28%)13776 (26%)23217 (24%)
    50-74K1270 (20%)10402 (20%)18302 (19%)
    75-99K485 (7%)6719 (13%)13394 (14%)
    100-199K435 (7%)7357 (14%)17959 (19%)
    200K+110 (1%)1391 (2%)3561 (3%)
    Highest Education LevelNo Diploma18751056016564
    Diploma or GED36242374447455
    Some College19591357626473
    Assoc. Degree618578512975
    Bachelors Degree11791511931713
    Higher Degree537914418569
    Total Housing Units7,74159,809105,705
    --Owner-Occupied2,03721,63550,227
    --Renter-Occupied4,12429,73143,979
    Owner-Occupied Values< 100K133360948737
    100-199K5531174526487
    200-299K86290910341
    300-399K344272736
    400-499K4147942
    500K+28313985
    Total Working Age Population12,07491,728177,629
    In Work Force7,83462,837118,477
    Not In Work Force4,24028,89159,152
    Workforce Employed6,94359,260112,609
    Workforce Unemployed8903,5345,684
    Civlian Workforce7,83362,793118,293
    Military Workforce144184
    Total Households6,16151,36694,206
    Family Households3,32524,74851,517
    Non-Family Households2,83626,61842,689
    Married Couple1,13013,91534,010
    Other Family2,19510,83317,508
    Married w/Child3884,80912,189
    Single Male w/Child2151,4272,288
    Single Female w/Child1,0564,7207,108

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Pennsylvania12,281,054+312,702,379+413,230,170+413,759,594
    Cumberland County213,674+10235,406+7251,836+6268,063
    Dauphin County251,798+6268,100+4279,506+3289,132
    Juniata County22,821+824,636024,681+125,013
    Perry County43,602+545,969+648,597+450,348
    York County381,751+14434,972+6460,514+5484,497

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

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    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 1500 Verbeke Street in Harrisburg?
    The asking price for 1500 Verbeke Street is $1,100,000
    What is the building size of this Multifamily property in Harrisburg, PA?
    The size of the building/unit at 1500 Verbeke Street in Harrisburg is 17,022 square feet
    How much land does the Harrisburg, PA property at 1500 Verbeke Street include?
    1500 Verbeke Street in Harrisburg includes 0.300 acres of land
    What is the population within 1 mile of 1500 Verbeke Street in Harrisburg?
    The population within 1 mile of 1500 Verbeke Street Harrisburg, PA 17103 is 16,104 people.
    Who do I contact for questions about 1500 Verbeke Street?
    You should contact the listing agent, Brady Carroll , for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Baltimore Washington International (Thurgood Marshall Airport) (BWI) 77
    Philadelphia International Airport (PHL) 91
    Washington Dulles International Airport (IAD) 97