219 S Union St, Middletown, PA 17057

Local realty services provided by:ERA Cole Realty
219 S Union St,Middletown, PA 17057
$450,000
  • 5 Beds
  • - Baths
  • 3,186 sq. ft.
  • Multi-family
  • Active
Listed by:elisabeth p. hamberger
Office:keller williams keystone realty
MLS#:PADA2048820
Source:BRIGHTMLS

Price summary

  • Price:$450,000
  • Price per sq. ft.:$141.24

About this home

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,

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Home facts

  • Year built:1900
  • Listing ID #:PADA2048820
  • Added:46 day(s) ago
  • Updated:November 04, 2025 at 02:32 PM

Rooms and interior

  • Bedrooms:5
  • 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

Schools

  • High school:MIDDLETOWN AREA HIGH SCHOOL
  • Middle school:MIDDLETOWN AREA

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$450,000
  • Price per sq. ft.:$141.24
  • Tax amount:$3,179 (2025)

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