Do Real Estate on the Go!
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Do Real Estate on the Go!
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$399,000
3 Beds
- -- Bath
3,186sqft
219 S Union St, Middletown, PA 17057
$399,000
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Townhouse
Built in 1900
$-- HOA
871 sqft lot
$125/sq.ft
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. Income Breakdown:
Commercial Unit: $1,195/mo, 1BR/1BA Apartment: $1,070/mo (currently leased month to month - higher market rent potential), (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....
Property Details
Status
Active
Type
Townhouse
No. of Stories
3
County
City
Neighborhood
--
Year Built
1900
HOA Fees
-
Finished Area
3,186 sqft
Lot Size
871 sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
PADA2048820
MLS Status
ACTIVE-BRIGHT
Days on Market
79
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