2-4 S Front St · Wormleysburg, PA 17043

$520,000

3 bd · 2.0 ba · 1,572 sqft · MultiFamily public records · 14 Days on market

Built 1920 1,742 sqft lot

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +13.1/30.0
• ARV discount +7.5/15.0
• Schools +4.1/10.0
• Livability +4.0/5.0
• DSCR +3.9/10.0
• 1% rule +2.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed

Listing remarks

Fully leased side-by-side duplex located at 2-4 S Front Street in Lemoyne Borough. Tenants are responsible for all utilities, providing an efficient operating structure for ownership. This is an excellent opportunity to acquire a well-performing multifamily asset with stable rental income and add a strong investment to your portfolio. Submit your offer today, this opportunity will not last long.

Key facts

• 1,742 sq ft lot
• Built 1920
• Listed 14 days

Property features AI

Finance

• Financial info: Fee simple ownership; Two-unit building

Exterior

• Parking: Off-street parking
• Utilities: Public water; Public sewer
• Home design: Semi-detached property; Stick-built construction
• Construction: Stick-built construction; Block foundation
• Exterior features: No tidal water on the property; Above-grade and below-grade structures present

Interior

• Heating & cooling: Forced air heating (natural gas); Central air conditioning (natural gas); Electric hot water
• Interior features: Semi-detached structure; Two total units

What this means for you Summary

Snapshot

• This is a 2 × 4-bed/?-bath units multifamily listed at $520k.

Deal economics

• At list price, monthly cash flow is $-90 ($-1k/yr) — negative. Per door: $-45/mo.
• To cash-flow at today's rent, offer at most $504k (3.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $398k (23.5% below list).
• Recommended offer: $398k (23.5% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 79/100 on livability (#268 in PA, #2,349 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities D, commute F.
• West Shore SD (suburban): math 37% / reading 56% proficiency, ranked #222 of 539 in PA (top 41%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Cedar Cliff Hs (math 56% / reading 24%, grade F, #263 of 437 statewide, top 60%, 1,353 students, 39% FRL).
• Market conditions: 25 active listings in the ZIP; 23 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 43% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,052 units permitted in Cumberland County in 2024 (310 in 5+ unit buildings).
• At $3,979/mo this rent would consume 78% of the median local household income ($61k/yr) (locally 444% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $4k of loan paydown is wiped out by about $16k of value loss. Plan a longer hold.
• Cumberland County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 14 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $21k; list at $520k implies a 2376% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo; built in 1920 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe flood risk; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $397,900 (23.5% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
5. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 0.77% ✗
• Cap rate: 6.24%
• Cash-on-cash: -0.19%
• DSCR: 0.99
• GRM: 10.9

CMA / ARV

• ARV (on-the-fly): $187,068
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
9 N 2nd St	0.10mi	3/—	1,690 (+8%)	7mo	$201,000	$119	77

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -17.6%
• Equity multiple: 0.38×
• Total profit: $-90,147
• Equity at exit: $77,534

10-year hold

• IRR: -9.7%
• Equity multiple: 0.41×
• Total profit: $-86,524
• Equity at exit: $44,960

Cash invested: $145,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Pennsylvania: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

10-day notice; Philadelphia has eviction-court diversion + some protections; otherwise moderate.

Methodology + full state rankings →

ZIP-level market 17043

• Home prices YoY: -27.0%
• Active inventory: 25
• Price-to-rent: 21.8×

Monthly cashflow live

• Estimated rent: $3,979 high
• Mortgage (P&I): −$2,727
• Tax from tax record: −$223 /mo · $2,679/yr
• Insurance: −$217
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$836
• Net cashflow: $-90

Break-even live

Break-even rent $4,093

Max offer price $504,125

Occupancy floor 97%

2-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 2× units	4	—	$3,980
Total (2 units)			$3,979

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $130,000
• Closing costs: $15,600
• Reserves months: —
• Total cash needed: —

Rent comps 23 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
616 N Front St Lemoyne, PA	3.0	1.0	1408	$1,650	$1.17	43d	1	0.76mi
321 N Front St Unit 102 Harrisburg, PA	2.0	2.5	1562	$2,395	$1.53	43d	1	0.77mi
116 Pine St Harrisburg, PA	1.0–2.0	1.0–2.0	900	$1,638	$1.82	13d	14	0.82mi
407 Herman Ave Lemoyne, PA	3.0	2.0	1400	$2,100	$1.50	21d	1	0.83mi
122 State St Apt 2 Harrisburg, PA	2.0	1.0	1250	$1,725	$1.38	13d	1	0.83mi
612 N 2nd St Apt 2 Harrisburg, PA	2.0	1.0	1050	$1,445	$1.38	43d	1	0.85mi
612 N 2nd St Apt 3 Harrisburg, PA	2.0	1.0	1100	$1,545	$1.40	43d	1	0.85mi
711 N 2nd St Apt 2 Harrisburg, PA	2.0	1.0	1400	$1,595	$1.14	43d	1	0.89mi
1008 N 2nd St Unit 2 Harrisburg, PA	2.0	1.0	1410	$1,295	$0.92	43d	1	0.95mi
919 Penn St Harrisburg, PA	3.0	2.0	1458	$1,795	$1.23	23d	1	0.97mi
1202 Penn St Harrisburg, PA	4.0	1.0	1706	$1,495	$0.88	43d	1	1.05mi
301 Chestnut St Harrisburg, PA	4.0	1.0–2.5	1437	$2,525	$1.76	13d	10	1.11mi
301 Chestnut St Harrisburg, PA	1.0–4.0	1.0–2.5	1437	$2,097	$1.46	43d	1	1.11mi
1320 Penn St Harrisburg, PA	2.0	1.0	1193	$1,495	$1.25	43d	1	1.11mi
200 S Court St Harrisburg, PA	1.0–3.0	1.0–2.5	950	$1,800	$1.89	13d	14	1.12mi
1116 N 3rd St Unit 3 Harrisburg, PA	2.0	1.0	1100	$1,375	$1.25	23d	1	1.12mi
20 House Ave Camp Hill, PA	2.0	2.0	1243	$1,720	$1.38	13d	2	1.13mi
919 Grand St Harrisburg, PA	2.0	1.5	1116	$1,695	$1.52	23d	1	1.15mi
660 Boas St Harrisburg, PA	2.0	1.0–2.0	800	$1,574	$1.97	13d	21	1.28mi
400 W Crestwood Dr Camp Hill, PA	1.0–3.0	1.0–2.0	1042	$2,071	$1.99	13d	14	1.33mi
1149 Columbus Ave Lemoyne, PA	1.0–2.0	1.0–2.0	840	$2,075	$2.47	13d	9	1.40mi
7 Hummel Ave Camp Hill, PA	3.0	1.0	1100	$1,275	$1.16	13d	1	1.42mi
1139 Mulberry St Harrisburg, PA	1.0–3.0	1.0	900	$1,185	$1.32	43d	1	1.48mi

Listing history 12 events

1. 2026-06-18
   days on market $520,000 Active 14 DOM
2. 2026-06-17
   days on market $520,000 Active 13 DOM
3. 2026-06-16
   days on market $520,000 Active 12 DOM
4. 2026-06-15
   days on market $520,000 Active 11 DOM
5. 2026-06-14
   days on market $520,000 Active 9 DOM
6. 2026-06-10
   days on market $520,000 Active 6 DOM
7. 2026-06-09
   days on market $520,000 Active 5 DOM
8. 2026-06-08
   days on market $520,000 Active 4 DOM
9. 2026-06-07
   days on market $520,000 Active 3 DOM
10. 2026-06-05
    status $520,000 Active 1 DOM
11. 2026-06-03
    remarks 398-char remark
12. 2026-06-03
    listed $520,000 Coming Soon 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast PA · Partial reset (capped growth)

• Current annual tax: $2,679 · $223/mo
• Projected year-2 tax: $5,447 · $454/mo
• Expected delta: +$2,769/yr (+$231/mo · 103.4%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 10/10 Extreme FEMA zone X (shaded) · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥100°F today · 15 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 6% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $47,748
• − Mortgage interest: −$29,128
• − Property taxes: −$2,679
• − Insurance: −$3,398
• − Repairs & maintenance: −$3,820
• − Management: −$3,820
• − Depreciation: −$15,127
• Taxable loss: −$10,223
• Est. tax savings @ 24.0%: +$2,454
• After-tax cash flow: $1,375/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: West Shore SD
• NCES district ID: 4225830
• Math proficiency: 37% ▼ -12.00%
• Reading proficiency: 56% ▼ -10.00%
• Median HH income: $61,398
• Composite: 40.9/100
• National rank: #3617
• State rank: #222 of 539 in PA

Livability — Wormleysburg

• Score: 79/100
• State rank: #268
• US rank: #2349

Category grades

Amenities D Commute F Cost of living A+ Crime A+ Employment B- Housing A+ Health & safety A+ User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Wormleysburg, PA
• County: Cumberland County · 257,673 people
• Metro: Harrisburg-Carlisle, PA
• Population (ZIP): 5,852
• Household income: $61,173
• Rent vs Own: 48.1% rent · 51.9% own
• Severe rent burden: 444.0

Population outlook (Cumberland County) Hauer SSP2

• Today (2025): 267,950 people
• By 2030: 278,105 · +3.8%
• By 2040: 296,552 · +10.7%
• By 2050: 312,937 · +16.8%
• By 2075: 349,233 · +30.3%
• By 2100: 361,875 · +35.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (88%)
• Race & ethnicity: White 88% Two or more races 5% Black 4% Asian 2%
• Common ancestry: Polish 3% Slovak 3% Romanian 2%
• Foreign-born: 5% · Canada, China
• Languages at home: 93% English-only · Russian/Polish/Slavic 3% Other Indo-European 1% German/W. Germanic 1%

Political lean MEDSL · Cumberland

• 2024 margin: Lean R (+9.4) · D 44.6% · R 54.1% · Other 1.3%
• 2008→2024 swing: +4.2pp toward D · 2008: -13.6pp · 2024: -9.4pp
• All cycles: 2024: R+9.4 2020: R+10.6 2016: R+18.6 2012: R+18.5 2008: R+13.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -84.77%
• Current HPI: 229.3436
• Rent YoY: —
• Metro: Harrisburg-Carlisle, PA
• State GDP YoY: ▲ 1.68%
• F500 in state: 34

Industry mix (Fortune 500 HQ in PA)

Industry	F500 HQs	Revenue
▸Healthcare	2	$309B
▸Insurance	2	$27B
▸Telecommunications / Media	1	$124B
▸Industrial Distribution	1	$22B
▸Financial Services	1	$20B
▸Chemicals / Materials	1	$18B

Price history

+4714.8% since first listed

3 events — show timeline

• 2026-06-02 Coming Soon $520,000 BRIGHT MLS
• 1992-10-26 Sold (Public Records) $21,000 Public Records
• 1974-05-08 Sold (Public Records) $10,800 Public Records

Property tax history

+4.0%/yr

Latest (2026): $2,679 · +7.9% YoY. Source: county tax records.