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$245,000
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Property Description
Welcome to this prime investment opportunity in Steelton, PA! This well-maintained 4-unit apartment building is a lucrative addition to your portfolio. All units are currently occupied, providing immediate cash flow, and there is significant potential for increased rental income. Location: Situated in the heart of Steelton, PA, this property is conveniently located with easy access to local amenities, schools, and major transportation routes. Unit Mix: The building consists of 1 commercial unit, ideal for a business or office space, as well as 1 spacious 1-bedroom unit and 2 comfortable 2-bedroom units. This diverse unit mix caters to a range of tenant needs. Occupancy: All units are currently occupied, ensuring a steady income stream from day one. The stability of existing tenants provides a solid foundation for a seamless transition of ownership. Upward Rent Potential: There is untapped potential for increased rental income. With the current market trends and the demand for housing in the area, strategic rent adjustments can be implemented to maximize returns. Maintenance: The property has been well-maintained, minimizing immediate capital expenditures for the new owner. Whether you're an experienced investor or just entering the real estate market, this property offers a compelling opportunity for financial growth. Don't miss out on the chance to add this income-generating asset to your investment portfolio. Contact us today to schedule a viewing and explore the potential of this Steelton gem!
Full Property Details
Full Property Details for 638 S 2nd St
General
- Sold For: $245,000
- Taxes: $3,812 (2024)
- Status: Closed
- Type: Multi-Family
- Source: BrightMLSPhilly
- MLS ID: PADA2031168
- Added to Site: 782 day(s) ago
Parking
- Parking Type: On Street
Location
- Area: Steelton Boro (14057)
- Municipality: STEELTON BORO
- County: Dauphin
- Driving Directions: GPS
School Information
- School District: Steelton-Highspire
- High School: Steelton-Highspire Jr-Sr High School
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard - Hot Water, Baseboard - Electric
- Heating Fuel: Natural Gas, Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Structure Type: Detached
- Construction: Brick, Block
- Basement: Yes
- Basement Desc.: Unfinished
- Foundation: Block
- Stories/Levels: 0
- Square Feet: 3,920
- Sq. Ft. Source: Estimated
- Living Area: 3,920 Sq. Ft.
- Finished Above Grnd: 3,920 Sq. Ft.
- Year Built: 1900
- Year Built Source: Assessor
Unit Information
- 1 Bedroom Units: 1
- 2 Bedroom Units: 2
Lot Features
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 3,920
- Lot Size Source: Assessor
- Zoning: C04 - STORE/OFFICE WITH A
Financial Considerations
- Price Per Sq. Ft.: $66.3
- Assessment Year: 2024
- School Tax: $3,051
- County Tax: $724
- County Tax Freq: Annually
- Tax w/Assessment: $105,300
- Tax Amount: $3,812
- Tax Year: 2024
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
Listed and Sold by Keller Williams of Central PA, ANDREW SAFT
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Schools
Schools serving 638 S 2nd St
School District:Steelton-Highspire School District
| Name | Grades | Distance |
|---|---|---|
Steelton-Highspire El School 250 Reynders Street, Steelton, PA 17113 | K-6 | 0.7 mi |
Steelton-Highspire High School 250 Reynders Street, Steelton, PA 17113 | 7-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 638 S 2nd St
Date
Details
Price
Change
Source
2/06/2025
Sold
$245,000
-5.73%
MLS
8/01/2024
Price Reduced
$259,900
-5.46%
MLS
6/18/2024
Price Reduced
$274,900
-8.34%
MLS
4/18/2024
Price Reduced
$299,900
-7.69%
MLS
3/28/2024
Price Reduced
$324,900
-7.14%
MLS
2/22/2024
Listed
$349,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
638 S 2nd Street, Steelton, PA 17113 (MLS# PADA2031168) is a Multi-Family property that was sold at $245,000 on February 06, 2025. Want to learn more about 638 S 2nd Street? Do you have questions about finding other Multi-Family real estate for sale in Steelton? You can browse all Steelton real estate or contact a Coldwell Banker agent to request more information.

