219 S Union St, Middletown, PA 17057
Local realty services provided by:CENTURY 21 Sylvia Geist Agency
219 S Union St,Middletown, PA 17057
$399,000
- 5 Beds
- - Baths
- 3,186 sq. ft.
- Multi-family
- Pending
Listed by: elisabeth p. hamberger
Office: keller williams keystone realty
MLS#:PADA2048820
Source:BRIGHTMLS
Price summary
- Price:$399,000
- Price per sq. ft.:$125.24
About this home
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. Income Breakdown:
Commercial Unit: $1,195/mo, 1BR/1BA Apartment: $1,195/mo projected rent, (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!...
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Home facts
- Year built:1900
- Listing ID #:PADA2048820
- Added:177 day(s) ago
- Updated:March 15, 2026 at 07:37 AM
Rooms and interior
- Bedrooms:5
- Basement:Yes
- Basement Description:Full
- Living area:3,186 sq. ft.
Heating and cooling
- Cooling:Central A/C, Heat Pump(s)
- Heating:Baseboard - Electric, Electric, Forced Air, Natural Gas
Structure and exterior
- Year built:1900
- Building area:3,186 sq. ft.
- Lot area:0.02 Acres
- Architectural Style:Traditional
- Construction Materials:Stick Built
- Exterior Features:Balcony, Deck(s), Porch(es)
- Foundation Description:Stone
Schools
- High school:MIDDLETOWN AREA HIGH SCHOOL
- Middle school:MIDDLETOWN AREA
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$399,000
- Price per sq. ft.:$125.24
- Tax amount:$3,179 (2025)
Parking
- Parking description:On Street
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