219 S UNION ST
MIDDLETOWN, PA 17057
$399,000
Sq. Ft.: N/A
Type: Commercial
Listing #PADA2049614
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, ornate details, and private rear balconies for each apartment. Don't miss this rare, high-yield investment opportunity in thriving downtown Middletown!
Listing Courtesy of: Keller Williams Keystone Realty (717) 755-5599
Property Features
County: DAUPHIN-PA
Municipality: MIDDLETOWN BORO
Latitude: 40.19279
Longitude: -76.73222
MLS Area: Middletown Boro (14040)
Directions: From PA-441 N turn right onto S Union St -- destination will be on the left.
Heating: Forced Air, Baseboard - Electric
Heating Fuel: Natural Gas, Electric
Cooling: Central A/C, Heat Pump(s), Other, Electric
Water Heater: Electric
Entry Level: 1
Total Number of Units: 4
Accessibility: 2+ Access Exits
Stories: 3
Is New Construction: No
Construction: Stick Built
Foundation: Stone
Septic or Sewer: Public Sewer
Has Garage: No
Parking Spaces: 0
Lot Size in Acres: 0.02
Lot Size in Sq. Ft.: 871
Zoning: RESIDENTIAL
Condition: Excellent
Building Total Area (Sq. Ft.): 3,186
Has Waterfront: No
Has Water Access: No
School District: MIDDLETOWN AREA
ListDate: 2025-09-18 00:00:00.0
Possession: Settlement
Property Type: COM
Property SubType: Commercial Sale
Year Built: 1900
Status: Active
Tax Year: 2025
Tax Amount: $3,179
Ownership Interest: Fee Simple
Business Type: Apartment Building, Flex, Other/General Retail, Professional
$ per month
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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Gacono Real Estate participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Gacono Real Estate are marked with the IDX icon, and detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information Deemed Reliable But Not Guaranteed.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Gacono Real Estate participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Gacono Real Estate are marked with the IDX icon, and detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information Deemed Reliable But Not Guaranteed.
BRIGHT(MRIS/Trend) data last updated at December 5, 2025, 12:50 AM ET
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