1. Pennsylvania
  2. Middletown
  3. 123 E WATER STREET
$185,000

123 E WATER STREET, Middletown, PA 17057

  • 1,460 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon3,485sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $127/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

Investor’s Dream! This well-maintained two-unit property in the heart of Middletown offers strong cash flow and long-term upside. Each unit is currently leased to excellent, long-term tenants on a month-to-month basis, providing flexibility for future owner-occupancy or rental increases. The top and bottom units total 1,460 sq ft, with the upstairs unit renting for $775/month and the downstairs for $660/month—both well below market value with potential to increase by several hundred dollars each. Each unit has separate electric and heat, and the property features natural gas hot water. Tenants take great care of the home, making this a low-maintenance, income-producing opportunity. Whether you're looking to grow your rental portfolio or live in one unit and rent the other, this property offers versatility and value. See MLS documents for copies of both leases. Don’t miss this opportunity—schedule your showing today!

Listing Status:
Active
Listing Office:
Keller Williams of Central PA : 7177614300
Listing Agent:
Judah Hoover : 7173306648
MLS ID:
PADA2046420
  • A/C: None
  • Heating: YBaseboard - ElectricElectric
  • Disability Feature: None

This listing courtesy of Judah Hoover, Keller Williams of Central PA

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Fink Elementary School

150 N Race St, Middletown, PA, 17057

Grades KG-5

0.26 miles away

M

Middletown Area Middle School

215 Oberlin Rd, Middletown, PA, 17057

Grades 6-8

1.28 miles away

M

Middletown Area High School

1155 N Union St, Middletown, PA, 17057

Grades 9-12

1.06 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.