219 S Union St, Middletown, PA 17057

Local realty services provided by:Better Homes and Gardens Real Estate Cassidon Realty
219 S Union St,Middletown, PA 17057
$399,000
  • 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:$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: $1,070/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 19.91%, 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,

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Home facts

  • Year built:1900
  • Listing ID #:PADA2048820
  • Added:146 day(s) ago
  • Updated:February 11, 2026 at 02:38 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:$399,000
  • Price per sq. ft.:$125.24
  • Tax amount:$3,179 (2025)

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