219 S Union Street, Middletown, PA 17057
- $362,500
- Sold Price
- $362,500
- List Price
- $399,000
- Closing Date
- Apr 02, 2026
- Days on Market
- 170
- Status
- CLOSED
- MLS#
- PADA2049614
- Lot Size (Acres)
- 0.02
- Year Built
- 1900
- County
- Dauphin
- School District
- Middletown Area
Property Description
Investor Alert! High Cash Flow + Strong ROI - 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. Projected Income Breakdown: Commercial Unit: $1,195/mo, 1BR/1BA Apartment: $1,195/mo, (2) 2BR/1BA Apartments: $1,495/mo each. - Total Monthly Gross Rent: $5,255 Annual Gross Income: $63,060 WOW!! CAP Rate of 11.56%, and Cash on Cash Return of 19.91%, 5-Year Investment Rate of Return (5% Appreciation) - 31.72%!! MASSIVE 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. Don’t miss this rare, high-yield investment opportunity in thriving downtown Middletown!
Additional Information
- Area
- Middletown Boro (14040)
- Taxes
- $3179
- Stories
- 3
- School District
- Middletown Area
- Middle School
- Middletown Area
- High School
- Middletown Area High School
- Heating
- Forced Air, Baseboard - Electric
- Heating Fuel
- Natural Gas, Electric
- Cooling
- Central A/C, Heat Pump(s), Other
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Keller Williams Keystone Realty. Contact:
Selling Office: .