9 Hammaker Street

Description

Turnkey Multi-Family Investment or Owner-Occupant Opportunity at 9 Hammaker Street, Highspire, PAThis beautifully updated four-unit building offers a perfect blend of immediate passive income and exceptional flexibility for investors or savvy buyers looking to house-hack. Featuring modern finishes throughout that appeal directly to today's renters, the property is uniquely positioned to maximize returns from day one. Three of the units are currently occupied, producing a strong existing rental income of $4,050 per month, while the fourth unit sits vacant and ready for immediate use. An owner-occupant can move into this pristine vacant unit and let the established tenants pay their mortgage, providing an incredible, low-overhead strategy to build equity. Alternatively, a pure investor can capitalize on the upside by placing a new tenant at current market rates to instantly boost the overall cash flow and cap rate. Situated on a quiet street in Highspire, the property guarantees fantastic tenant convenience with effortless access to major transit routes, local dining, shopping, Penn State Harrisburg, and the Harrisburg International Airport. Modernized, income-generating multi-family assets with this level of built-in flexibility rarely last long in this market.Unit 1 has been used for short to mid-term rentals and is currently furnished making this a true turn key experience for the first time house-hack buyer that wants a furnished apartment!