1708 Fairmont Drive
Harrisburg,
PA
17111
Property Details
List Price: |
$7,950,000 |
Beds: |
-- |
Baths: |
-- |
Status: |
Active |
SqFt: |
-- |
Agency: |
RSR Realtors |
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Description/Comments
Lot Size: |
2 acre(s) |
Property Type: |
Commercial |
Year Built: |
2023 |
Notes: |
Discover a prime investment opportunity in Union Station, a 350+ home community within Lower Paxton Township, with a brand-new multi-use building constructed in 2023. This property uniquely combines 22 modern 2-bedroom, 2-bathroom residential apartments and 4 leased commercial spaces. The commercial lineup includes Legion Hair Salon, Hops & Barley restaurant, Shakedown BBQ, and the Snack Shop, each committed to 5-10 year leases. 17 of the apartments are currently filled and we anticipate near 100% occupancy before Settlement. Located in the Central Dauphin School District and across from a popular brewery, this property promises a vibrant community and a desirable lifestyle for tenants. It's an exceptional investment that offers a mix of stable income from long-term commercial leases and the growth potential from residential rentals. Positioned in a sought-after neighborhood, it provides a perfect balance for both families and professionals. This investment property is not just a building but a community hub in a thriving residential neighborhood, promising both a steady income stream from its commercial tenants and a strong occupancy rate for its residential units. An opportunity like this, combining a prime location, a brand-new facility, and a mix of commercial and residential leases, is rare and presents a significant value proposition for any savvy investor. |
MlsNumber: |
PADA2030930 |
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Listing Provided By: |
RSR Realtors, original listing |
Name: |
RSR Realtors |
Phone: |
(717) 763-1212 |
Office Name: |
RSR, REALTORS, LLC |
Office Phone: |
(717) 763-1212 |
Agent Name: |
JIMMY KOURY |
Disclaimer: |
Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |