PA > Middletown
Middletown, PA 17057,219 S UNION ST
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Middletown, PA 17057,219 S UNION ST
Middletown, PA 17057,219 S UNION ST
Middletown, PA 17057,219 S UNION ST
Middletown, PA 17057,219 S UNION ST
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Becky Shaible

Becky Shaible

+1(570) 971-7833
Listed by Elisabeth P. Hamberger • Keller Williams Keystone Realty
$ 450,000
Est. payment /mo
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Active

219 S UNION ST Middletown, PA 17057

3,186 SqFt

UPDATED:

Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 3,186 sqft

Price per Sqft $141

MLS Listing ID PADA2048820

Style Traditional

Abv Grd Liv Area 3,186

Year Built 1900

Annual Tax Amount $3,179

Tax Year 2025

Lot Size 871 Sqft

Acres 0.02

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

Investor Alert! High Cash Flow + Strong ROI + $10,000 Seller Assist! Welcome to 219 South Union Street in Middletown - a fully improved mixed-use, multi-unit property offering impressive income and strong long-term upside! Featuring 1 commercial unit and 3 residential apartments, all separately metered and recently updated, this is a turn-key investment opportunity in a desirable downtown location. Income Breakdown:
Commercial Unit: $1,295/mo, 1BR/1BA Apartment: $1,070/mo (currently leased month to month - higher market rent potential), (2) 2BR/1BA Apartments: $1,595/mo each. - Total Monthly Gross Rent: $5,555
Annual Gross Income: $66,660 WOW!! CAP Rate of 14.1%, and Cash on Cash Return of 30%, 5-Year Projected Equity Growth (4% Appreciation) - $97,000!! 100% Depreciation Benefit!!
This property combines commercial stability with residential demand and future appreciation off the charts. Tenants pay their own electric, minimizing owner expenses. The building features high ceilings, exposed brick, ornate details, and private rear balconies for each apartment. Seller now offering $10,000 toward Buyer's closing costs! Don't miss this rare, high-yield investment opportunity in thriving downtown Middletown!

Location

State PA

County Dauphin

Area Middletown Boro (14040)

Zoning RESIDENTIAL

Rooms

Basement Full

Interior

Hot Water Electric

Heating Forced Air, Baseboard - Electric

Cooling Heat Pump(s), Central A/C, Other

Heat Source Electric, Natural Gas

Exterior

Exterior Feature Deck(s), Balcony, Porch(es)

Water Access N

Accessibility 2+ Access Exits

Porch Deck(s), Balcony, Porch(es)

Garage N

Building

Foundation Stone

Above Ground Finished SqFt 3186

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade

New Construction N

Schools

Middle Schools Middletown Area

High Schools Middletown Area High School

School District Middletown Area

Others

Tax ID 41-017-052-000-0000

Ownership Fee Simple

SqFt Source 3186

Acceptable Financing Cash, Conventional, Seller Financing, Installment Sale, Private, Bank Portfolio

Listing Terms Cash, Conventional, Seller Financing, Installment Sale, Private, Bank Portfolio

Financing Cash,Conventional,Seller Financing,Installment Sale,Private,Bank Portfolio

Special Listing Condition Standard

Bright MLS (BMLS)
Becky Shaible

Becky Shaible

Marketing Real Estate at the Highest Level in PA | UnknownRS343194

+1(570) 971-7833

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