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406 N 3rd St, Steelton, PA 17113

$159,995
: 3
BD
: 1
BA
: 1,495
SqFt

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List Price: $159,995
Status: ACTIVE
MLS#: PADA2062434
Subtype: Residential
Style: Traditional
Year Built: 1900
Bedrooms: 3
Bathrooms: 1
Full Baths: 1
Living Area: 1,495
Lot Size: 1,742
Acres: 0.04
Subdivision: Steelton Borough
MLS Area Major: Steelton Boro (14057)

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Property Description

Calling all investors! Don't miss this outstanding opportunity to add a strong income-producing property to your portfolio. 406 N. 3rd Street offers an impressive 8.5%+ cap rate and 9%+ cash-on-cash return, making it an attractive investment from day one. The main level features a spacious living room, formal dining room, and kitchen with the convenience of a first-floor laundry area just off the kitchen. The second floor offers two comfortable bedrooms and a full bathroom, while the finished third floor provides a spacious third bedroom complete with a walk-in closet area and additional attic storage. Outside, tenants will appreciate the covered front porch, covered rear porch, and fenced backyard, providing inviting outdoor living spaces with added privacy. Whether you're expanding your rental portfolio or purchasing your first investment property, this home offers an excellent combination of space, functionality, and strong income potential. Schedule your showing today and see the opportunity for yourself!

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Additional Information

Taxes: $1,164
Property Description: Traditional
Zoning: RESIDENTIAL
Heating: Radiator(s), Electric Baseboard
Air Conditioning: None
Levels: Two and One Half
Foundation: Stone
School District: Steelton-Highspire
Elementary School: Steelton-Highspire
Middle School: Steelton-Highspire Jr-Sr High School
High School: Steelton-Highspire Jr-Sr High School