1022 & 1082 Chambers Street

• Harrisburg, PA Multifamily Portfolio | 14 Apartments, 1 Garage & 4 Storage Units
• Value-Add Opportunity | Rents on Average 11% Below Market Rates
• Recent Improvements | $80k Invested in New Roofs, Windows & HVAC
• Strong Demographics & Population Growth | 4.9% Projected Population Increase by 2027, Driving Demand for Housing
• Access to Downtown Harrisburg & Regional Highway Systems | Access to I-283 & I-83, Plethora of Dining & Shopping and Downtown Harrisburg Amenities

Property Description

SCOPE Commercial Real Estate Services is pleased to exclusively present for sale The Chamber St. Multifamily Portfolio, a portfolio of two apartment buildings, on Chambers Street in Pennsylvania's state capital, Harrisburg. 1022 and 1082 Chambers, built in 1944 and 1974, feature 14 apartments, four storage units, and one garage. The units include one-, two-, and three-bedroom configurations. An additional parcel offers the opportunity for development or parking income. The properties are situated on a total lot size of 0.70 acres, offering both privacy and convenience with easy access to Harrisburg’s urban amenities. Ownership recently invested $80,000 in CapEx for a new roof, windows, and HVAC units. Currently, rents are achieving a below-market average of $969 across the portfolio offering a potential increase of 12.81% to meet market rents. Located along Chambers Street, the subject property is located just 1.5 miles from I-283 connecting to I-83 the the surrounding Harrisburg region. Tenants have access to numerous neighborhood/regional shopping centers as well as dining, entertainment, and all Downtown Harrisburg has to offer.