Property Description

This two-unit property at 1420 State Street in Harrisburg offers solid income, strong upside, and a location just minutes from downtown. The first-floor unit is a two-bedroom, one-bath apartment currently rented for $1,200 per month. The second-floor unit is a four-bedroom apartment that is vacant and ready for a new tenant. Market rents in this area support $1,600 or more for a clean and spacious four-bedroom, giving you immediate room to increase overall cash flow. The home sits in a convenient corridor near the State Street Bridge with quick access to downtown, public transit, and neighborhood amenities. The building is over 2,300 square feet, offering large layouts that are easy to lease. Utilities are already split, and the property includes a fire escape for added safety and compliance. Whether you want to place your own tenant, complete light updates for higher rent, or add this to an existing portfolio, this is a strong opportunity in a high-demand rental area. The combination of one occupied unit and one vacant unit gives you cash flow now and flexibility to increase income right away.

Property Features

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