Portfolio 2537 Penbrook Ave, Harrisburg, PA 17103
OFF MARKET

Portfolio 2537 Penbrook Ave
Harrisburg, PA 17103

  • Studio
  • 1,442 sqft
  • Studio
  • 1,442 sqft

Homes for Sale Near Portfolio 2537 Penbrook Ave

Local Information

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Commute Destination

Description

This property is no longer available to rent or to buy. This description is from August 26, 2022
A huge price reduction along with an additional property being added to the package makes this an opportunity that will probably not be found again! This portfolio in Penbrook and Susquehanna Twp boasts a great mix of property types, from single family homes, to apartments and even garages. The 52 units on 28 parcels offer a more than impressive 13%+ cap rate, and any investor can see that the current rents are not up to market rates (the current seller has been in the business for 40 years and is ready to retire). THE SELLER IS NOW WILLING TO SPLIT THE PACKAGE APART, SO THIS OFFERING IS SUBJECT TO CHANGE. If you have an interest in any particular property or properties in this package, please call us to discuss. The parcels included in this offering are: 3430 Schoolhouse Ln, Harrisburg, PA 17109, 46 N 34Th St, Harrisburg, PA 17109, 48 N 34Th St, Harrisburg, PA 17109, 50 N 34Th St, Harrisburg, PA 17109, 136 N 28Th St, Harrisburg, PA 17109, 4312 N 6Th St, Harrisburg, PA 17110, 26 S 28Th St, Harrisburg, PA 17103, 26 S 28Th St, Harrisburg, PA 17103, 2809 Penbrook Ave, Harrisburg, PA 17103, 2838 Penbrook Ave, Harrisburg, PA 17103, 15 S 29Th St, Harrisburg, PA 17103, 2848 Walnut St, Harrisburg, PA 17103, 24 N 28Th St, Harrisburg, PA 17103, 28 Butler St, Harrisburg, PA 17103, 63 Butler St, Harrisburg, PA 17103, 25 Butler St, Harrisburg, PA 17103, 26 S 24Th St, Harrisburg, PA 17103, 7 June Ave (aka 7 Sherman), Harrisburg, PA 17103, 7 Angle Aly, Harrisburg, PA 17103, 2623 Penbrook Ave, Harrisburg, PA 17103, 2537 Penbrook Ave, Harrisburg, PA 17103, 2535 Penbrook Ave, Harrisburg, PA 17103, 2536 Canby St, Harrisburg, PA 17103, 2734 Penbrook Ave, Harrisburg, PA 17103, 23 N 28Th St, Harrisburg, PA 17103, 2371 Canby St, Harrisburg, PA 17103, 23 N 28Th St, Harrisburg, PA 17103 and 2629 Penbrook Ave, Harrisburg

Home Highlights

Parking
Open Parking
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for Portfolio 2537 Penbrook Ave

Interior Features

Interior Details
Basement: FullNumber of Rooms: 1Types of Rooms: Basement
Dimensions and Layout
Living Area: 1442 Square Feet
Appliances & Utilities
Appliances: Electric Water Heater, Gas Water Heater
Heating & Cooling
Heating: Baseboard - Electric,Radiant,Electric,Natural GasNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard Electric
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Circuit Breakers
Levels, Entrance, & Accessibility
Accessibility: None

Exterior Features

Exterior Home Features
Other Structures: Above Grade, Below Grade
Parking & Garage
No CarportNo GarageNo Attached GarageHas Open ParkingParking: Off Street,On Street
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: Side-by-Side, OtherArchitecture: Cape Cod,Ranch/Rambler,Traditional
Building
Construction Materials: FrameNot a New Construction
Property Information
Parcel Number: 490060020000000

Price & Status

Price
List Price: $2,775,000
Status Change & Dates
Off Market Date: Fri Dec 31 2021Possession Timing: Close Of Escrow

Active Status

MLS Status: CLOSED

Location

Direction & Address
City: Harrisburg
School Information
Elementary School District: Central DauphinJr High / Middle School District: Central DauphinHigh School: Central DauphinHigh School District: Central Dauphin

Listing Info

Special Conditions: Standard

Offer

Contingencies: OtherListing Agreement Type: Exclusive Right To SellListing Terms: Bank Portfolio, Cash

Compensation

Buyer Agency Commission: 3Buyer Agency Commission Type: %Sub Agency Commission: 3Sub Agency Commission Type: % Of GrossTransaction Broker Commission: 3Transaction Broker Commission Type: % Of Gross
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Business Information
Ownership: Fee Simple

Rental

Owner Pays: Insurance, Repairs, Taxes - Real Estate

Miscellaneous

BasementMls Number: PADA132734Municipality: PENBROOK BORO
Last check for updates: about 18 hours ago
Listed by Dee Allen, (717) 805-9045
Century 21 Realty Services
Co-Listing Agent: Brad Boyer, (717) 991-0954
Century 21 Realty Services
Bought with: Sheldon Zimmerman, (717) 587-2424, Home365
Source: Bright MLS, MLS#PADA132734

Price History for Portfolio 2537 Penbrook Ave

DatePriceEventSource
12/07/2021$2,775,000Sold
Bright MLS #PADA132734
09/28/2021$2,600,000ContingentBright MLS #PADA132734
08/04/2021$2,600,000PriceChange
Bright MLS #PADA132734
04/27/2021$2,750,000Listed For SaleBright MLS #PADA132734

Comparable Sales for Portfolio 2537 Penbrook Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.08
Multi-Family Home
$140,000
04/01/24
3
-
1,297
0.09
Multi-Family Home
$153,700
05/22/23
1
-
2,186
0.17
Multi-Family Home
$180,000
10/24/23
3
-
2,202
0.28
Multi-Family Home
$194,900
05/05/23
4
-
1,572
0.16
Multi-Family Home
$160,000
11/14/23
2
2
3,582
0.51
Multi-Family Home
$325,000
05/30/23
6
4
3,201
0.20
Multi-Family Home
$500,000
03/19/24
5
4
-
0.76
Multi-Family Home
$135,000
10/10/23
4
-
1,826
0.79
Multi-Family Home
$92,000
04/16/24
2
-
1,586

What Locals Say about Harrisburg

  • Trulia User
    "Nothing special here. I cant wait to move out. There is a lot of hit and runs as well. People have no respect for other peoples belongings. "
    13
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  • Trulia User
    "nothing it's just an area that is well known to me to feel comfortable in the community as well as my kids feeling comfortable with the area to also go to school in "
    0
    Flag
  • Trulia User
    "Broken glass and trash along sidewalks, beautiful river walk, uneven messed up sidewalks, busy intersections depending on time of day "
    0
    Flag
  • Trulia User
    "my commute to work is easy and only about 24 miles round trip! The neighborhood consists of homes about 125 years old on average."
    2
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  • Trulia User
    "It's a quiet neighborhood, some local businesses, close to parks like Italian lake, Front Street and local schools. "
    0
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  • Trulia User
    "It’s nice to live here. Just get a bit worried when it rains for long periods of time because of possible flooding."
    1
    Flag
  • Trulia User
    "There’s wonderful people here, who don’t judge you for being a renter or owning home. Then, there are some who formed a clique to enforce some HOA-like policies."
    3
    Flag
  • Maurice
    "Uptown, Harrisburg is a diamond in the rough, that is going thru a current transition. Miton Hershey us opening a new school in the Uptown neighborhood. PA Archives and Federal Courthouse and now been added and a slew of great local grub, that you can eat and stroll by the Susquehanna River. Properties for sale are scarce, but they are a great entry price that you can have room to renovate to your liking. People are generally respectful and the crime(if any) is usually personal, respectively. "
    4
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  • Trulia User
    "Good,I get to were am going in a timely fashion.no delays,especially to work,and back home.in others words if I had a parking space I would like here for ever."
    0
    Flag
  • Trulia User
    "They would like the side walk room and playground they have and the lovely neighbors and neighborhood "
    7
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  • Trulia User
    "it's home, it's where I was born and raised. there's no place like it, although the people can be nice"
    0
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  • Trulia User
    "3rd in the Burg used to be very popular in this area. I'm not sure if it still takes place. That was a very good special event. That much I do remember. I used to work in a furniture store on 3rd St."
    3
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  • Trulia User
    "Downtown Harrisburg is easy to get to which has events, parades, and all year round fun. It’s enjoyable to walk to and along the Susquehanna River front and Italian Lake. It’s also easy to go to the West Shore or the East Shore for many options for shopping, grocery, and entertainment. "
    2
    Flag
  • Trulia User
    "They will not like that there are areas that have broken glass on the side walks. so that can be dangerous for small pets or children"
    0
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  • Trulia User
    "I've lived here my whole life. Walking to just about anywhere you need to go or near bus route, etc. Riverfront is nice as well."
    6
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  • Trulia User
    "Great commute neighborhood schools aminties resident pool great work environment walking distance have strong income and very 1300 a month and a great youth for your community very reliable and on time with responsibility "
    0
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  • Trulia User
    "There’s been high crime in the area recently I’d stay out of the city or midtown/uptown if you have children "
    4
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  • Trulia User
    "I think it is important to let the parents know that this neighborhood is very peaceful. U rarely hear about anything happening around Midtown. Acceptance of community guidelines required"
    1
    Flag
  • Trulia User
    "Good place to live , people are friendly and take care of the property. Crime is low in midtown , never had a problem with packages getting stolen "
    7
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  • Trulia User
    "I've Lived here for 26 years and the neighbors are very nice and helpful lots of events be going on in the city whatever part you in Harrisburg "
    0
    Flag
  • Trulia User
    " Close to recreation like the Susquehanna, the park, city island, restaurant row, public library, the interstate."
    0
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  • Trulia User
    "Walking distance to everything. Bicycle friendly roads and many community oriented organizations to meet new people."
    4
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  • Trulia User
    "Anything by the river is close and accessible I enjoy being able to walk to events. No one bothers vehicles but packages go missing. "
    1
    Flag
  • Trulia User
    "The bars and clubs have plenty of social nightlife and good food during the day and early evenings .it’s pretty nice for a city."
    0
    Flag
  • Trulia User
    "My commute is okay. It’s close to the highway and major road. Traffic around 4pm is a bit heavy but it flows."
    0
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  • Trulia User
    "I love the diversity. Within less than a mile we have a thriving Catholic Church, synagogue, and mosque. There is unique and interesting ethnic grocery stores, and restaurants. There is also ample outdoor spaces with the green belt, Italian lake, wildwood park and the river walks all accessible. Community is highly commutable with 83/81/283 and the turnpike close by you are within 3 hours or so of NYC, Philadelphia, Baltimore, D.C., and Pittsburg! "
    0
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  • Susanmiller0817
    "i feel very safe here. people are friendly to one another. i know all my neighbors names and we converse, help and look out for one another. i lived in a mixed ethnic and economic neighborhood and i enjoy that. i love the front porch sense of community. "
    10
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  • Abey A.
    "We have a brand new dog park in the capital heights area which is very walkable. Many neighbors bring their dogs and it even has a small dog area."
    21
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  • Rodrigo A.
    " Pretty quiete and friendly, the public transportations is nearly to my home and easy to get i not afraid to leave my car open is very safely "
    9
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  • Kayla S.
    "Walking dog trails for them to walk their dogs. The side walks are all messed up even for people to walk on "
    0
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  • Michael S.
    "Harrisburg has many communities within the city limits. It’s a small town feeling and close to all major highways. We are within a few hours of Philly, Pittsburgh, Baltimore, DC, & NYC. "
    0
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  • Mai J.
    "I see people walking their dogs all over this neighborhood. Very dog friendly. There are many dog sitters that live in the area, and there are also grooming places."
    1
    Flag
  • Khadijah
    "There aren’t any events but when there are parades and things of that nature you can see them in the street."
    6
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  • Troy H.
    "That their children will always be safe. It’s critically important that kids are always comfortable in their neighborhood"
    6
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  • Mailanipridgen
    "Living in the city is convenient, but the quality of business is below average. Everything is pretty close. "
    3
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  • Nafiswilson8
    "This neighborhood is really nice it is amazing. It has very nice people. Followed by accessible transit and stores. "
    5
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  • Lydiacares
    "Neighborhood where most work. Friendly neighbors. Parking on street and one block away from Reservoir Park. Multi-family dwellings."
    0
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  • Abey A.
    "Very easy to get to work with multiple routes to major highways incase of construction or accidents."
    6
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  • Asmeralsa27
    "The neighborhood is not necessarily for family’s. A lot of car crashes, very nosey, parking is a hassle at times, school district is not the best, neighborhoods is loud & rude neighbors."
    0
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  • Sherease N. R.
    "The neighborhood is declining rapidly. There is more crime and there are younger people moving into the neighborhood and therefore it’s changing and not for the better "
    2
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The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near Portfolio 2537 Penbrook Ave

Off Market Homes Near Portfolio 2537 Penbrook Ave

Portfolio 2537 Penbrook Ave, Harrisburg, PA 17103 is a studio, 1,442 sqft multi-family built in 1900. This property is not currently available for sale. Portfolio 2537 Penbrook Ave was last sold on Dec 7, 2021 for $2,775,000 (0% higher than the asking price of $2,775,000).