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Property view

219 S Union St, 
Middletown, PA 17057

$362,500


5

Beds


Bath


3,186

Sq Ft


Multi-Family

Sold

Listed by

Elisabeth P. Hamberger

Bought with Core Partners Realty

Keller Williams Keystone Realty, 7177555599, wohrum@gmail.com

MLS#

PADA2048820

Source:

BRIGHTMLS

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About This Home

219 S Union St

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!

Home Facts

Multi-Family

5 Bedrooms

Built in 1900

Price Summary

399,000

$125 per Sq. Ft.

MLS #:

PADA2048820

Sold:

April 2, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

5


Structure

Structure

Architectural Style:

Traditional

Building Area:

3,186 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

871


Finances & Disclosures

Finances

Price:

$399,000

Price per Sq. Ft:

$125 per Sq. Ft.

Source:BRIGHTMLS
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