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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.
| DAYS ON MARKET | 93 | LAST UPDATED | 2/14/2024 |
|---|---|---|---|
| YEAR BUILT | 2023 | COMMUNITY | Lower Paxton Twp (14035) |
| COUNTY | DAUPHIN | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | Lower Paxton Twp (14035) |
| BUYER'S BROKERAGE COMPENSATION | 1 |
| CONSTRUCTION | Frame |
| HEAT | Electric, Forced Air |
| INTERIOR | Elevator |
| LOT | 2.74 acre(s) |
| SEWER | Public Sewer |
| STORIES | 3 |
| TAXES | 78012.83 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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