This classic townhome in Harrisburg's East Harrisburg neighborhood offers a potential rental income ranging from $1,250 to $1,550 per month. With three bedrooms and a central location, it's well-positioned for steady demand. If rented consistently, the annual revenue could range from $15K to $18.6K. Given the property's price of $145K, the payback period might span 7-9 years. Market conditions show stability, and the home's hardwood floors and brick exterior add to its charm. However, the single bathroom might limit appeal to larger families.
To maximize rental income, consider updating the kitchen and bathroom to modern standards, as these areas significantly impact tenant interest. Adding energy-efficient appliances could also be a draw. If selling, emphasize the property's prime location near parks, schools, and shopping, which enhances its appeal to both investors and residents seeking convenience.