• 1429 N Front Street HARRISBURG, PA 17102

  • $1,540,000
  • 0
    Bed(s)
  • 0
    Baths
  • 2,790
    Sq Ft
  • 2614
    Sqft

-----1427-29 N Front Street----- MPM is proud to present the historic Mira Lloyd Dock House located at 1427-1429 N Front St, Harrisburg, PA 17102. The Mira Lloyd Dock House is a three (3) story apartment building consisting of nine (9) units - 7 fully leased and 2 rent-ready - full of original charm. This historic building features original brick and stonework, 2 large front porches, multiple balconies, beautiful hardwood floors, and stunning Susquehanna River views! Located in Midtown, the Mira Lloyd Dock House is within walking distance of Broad Street Market, Midtown Cinema, the Susquehanna Art Museum, the Midtown Scholar Bookstore, and an array of Harrisburg's best bars and restaurants. Amazingly, this property is not in the 100 year flood plain! Environmentalist, educator, and social reformer, Mira Lloyd Dock lived in 1427 N Front St at the turn of the 20th Century, during which she served as a member of the State Forestry Reservation Commission (and as the first woman in a PA government position). Her dedication to civic enhancement helped to launch Harrisburg’s City Beautiful movement, transforming a polluted, industrial State Capitol into the beautiful city it is today. This property has significant value add potential. Each unit has modern layouts that support elevated rents with reasonable updates. Three (3) of the studio units (1429 N Front St Unit 1F, Unit 1M, and Unit 1R) would make excellent furnished rental opportunities with riverfront views to capitalize on increased cash flow. MPM has the opportunity to rent parking to support high-end rental operations in the neighborhood. Operating a cash flow property gives you the freedom to restore it to its absolute glory and be an asset to your portfolio and the community. Plus, by creating short term rentals, you are allowing travelers to experience the history and beauty of Harrisburg in a prime location along the riverfront. See attached document for pro forma and annual operating data. -----1609 N Front Street---- Welcome to this exquisite multifamily unit located at 1609 N Front Street. This property offers a unique opportunity for investors and savvy buyers looking to own a piece of history with stunning river views. With five 1-bedroom, 1-bathroom apartments, this historic property is full of charm and potential. Tenants will appreciate the character and uniqueness of a well-preserved historic building. Unlike many properties in the area, parking is conveniently included in the rents. Please note that the property is partially in the 100 year flood plain and will require flood insurance. Currently, rents are below market level, presenting an excellent opportunity for the new owner to increase rental income to match the current market rates. For a comprehensive view of the property's financials, please refer to the attached documents outlining annual income and expenses. Four out of the five units are fully leased, providing immediate and stable rental income. Additionally, one unit is vacant and rent-ready, offering flexibility for the new owner. -----Midtown Property Management----- Both of these amazing properties are efficiently managed by Midtown Property Management, ensuring smooth operations and minimal hassle for the new owner. This package deal is a rare gem, combining historical charm, river views, and excellent rental potential. Own your piece of Harrisburg history today!

Property Type :

Multi-Family

Subdivision :

Midtown Historic District

County :

DAUPHIN

Style :

Multi-Family

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Property Details

 

Water/Sewer

Water Source : Public

Interior Features

Basement Description: Unfinished

Heating & Cooling

Cooling: Ductless/Mini-Split,Window Unit(s)

Heating: Hot Water

Cooling Fuel: Electric

Heating Fuel: Natural Gas

Building Information

Year Built: 1894

Structure: Detached

New Construction: No

Total Units: 4

Built: 1894

Construction Material: Brick

Foundation/Basement: Brick/Mortar

Architecture: Beaux Arts

Pool/Private: No Pool

Pool Information

Pool: No Pool

Utility Features

Sewer: Public Sewer

Water

Water Heat: Natural Gas

Lot Information

Lot Size: 2,614

Lot Size (Acres): 0.06

Architectural Style: Beaux Arts

Main Square Feet: 2,614

Property Information

SQ ft: 2,790

SQ ft (Living Area): 2,790

Total Lot SQ ft: 2,614

Subdivision: MIDTOWN HISTORIC DISTRICT

Total Acreage: 0.06

New Construction: No

Type: Beaux Arts

Listing Information

Possession: Settlement

Days Of Market: 261

Tax Information

Annual Tax: $14,113

Tax Year: 2022

Total Taxes Payment Frequency: Annually

Possession

Settlement

Assessment Information

Taxes Assessment Amount: $304,000

Parking Information

Parking Type: On Street

Has Garage: N

Homeowners Association Information

Direction: Follow I-81 N to N Front St in Susquehanna Township. Take exit 66 from I-81 N. Keep right at the fork, follow signs for Downtown/Harrisburg/South Front Street and merge onto N Front St. Both destinations will be on your left.

School Information

High School: HARRISBURG HIGH SCHOOL

School District: HARRISBURG CITY

Utility Information

Water Source: Public

Sewer: Public Sewer

Cooling Fuel: Electric

Heating Fuel: Natural Gas

Hot Water: Natural Gas

Location Information

Direction: Follow I-81 N to N Front St in Susquehanna Township. Take exit 66 from I-81 N. Keep right at the fork, follow signs for Downtown/Harrisburg/South Front Street and merge onto N Front St. Both destinations will be on your left.

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
308 Reily Street , Harrisburg, PA,17102 $115,000 -- -- 1,742 1742 Sqft
331 Reily Street , Harrisburg, PA,17102 $164,000 3 2.0 1,836 871 Sqft
1617 N Front Street , Harrisburg, PA,17102 $650,000 6 3.5 -- 10454 Sqft
2009 Logan Street , Harrisburg, PA,17102 $115,000 3 1.5 1,212 871 Sqft
1325 William Street , Harrisburg, PA,17102 $200,000 2 1.0 1,317 436 Acres
1525 N Front Street #507, Harrisburg, PA,17102 $168,900 1 1 -- 732 Sqft
1910 N Third St , Harrisburg, PA,17102 $275,000 5 2.5 2,214 1306.8 Sqft
314 Muench Street , Harrisburg, PA,17102 $159,900 4 1.5 -- 436 Acres
340 Hamilton Street , Harrisburg, PA,17102 $175,000 3 2.0 1,494 871 Sqft
1930 Green Street , Harrisburg, PA,17102 $262,900 3 2.5 2,104 1307 Sqft

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 04/28/2024 @ 11:41

MLS: PADA2025860
LISTED BY: Amanda Sachs , Midtown Property Management
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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