123 E Water Street

MIDDLETOWN, PA 17057

  • 0 Bed(s)
  • 0 Bath(s)
  • 1,460 Sqft
  • 3485
    Sqft(Lot)
$185,000

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!

  • Property Type

    Multi-Family

  • Subdivision

    None Available

  • County

    DAUPHIN

  • Style

    Victorian

  • AD ID

    50146666

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Property Details

  • Water/Sewer

    • Water Source : Public

    Heating & Cooling

    • Cooling: None
    • Heating: Baseboard - Electric
    • Cooling Fuel: None
    • Heating Fuel: Electric

  • Building Information

    • Year Built: 1900
    • Structure: Twin/Semi-Detached
    • New Construction: No
    • Total Units: 2
    • Built: 1900
    • Construction Material: Brick
    • Foundation/Basement: Block
    • Architecture: Victorian
    • Pool/Private: No Pool

    Exterior Features

    • Utilities: Cable TV,Natural Gas Available

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Natural Gas

  • Lot Information

    • Lot Size: 3,485
    • Lot Size (Acres): 0.08
    • Architectural Style: Victorian
    • Stories Total: 2
    • Main Square Feet: 3,485

    Property Information

    • SQ ft: 1,460
    • SQ ft (Living Area): 1,460
    • Total Lot SQ ft: 3,485
    • Subdivision: NONE AVAILABLE
    • Financing: Conventional,Cash,FHA,VA
    • Total Acreage: 0.08
    • New Construction: No
    • Type: Victorian

  • Listing Information

    • Possession: Immediate
    • Days Of Market: 2

  • Tax Information

    • Annual Tax: $2,682
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • Immediate

    Assessment Information

    • Taxes Assessment Amount: $60,500

  • Parking Information

    • Parking Type: On Street

    Multi-Unit Information

    • Acceptable Financing: Conventional,Cash,FHA,VA

    Homeowners Association Information

    • Direction: Use GPS

  • School Information

    • Middle OR Junior School: MIDDLETOWN AREA
    • High School: MIDDLETOWN AREA HIGH SCHOOL
    • School District: MIDDLETOWN AREA

    Utility Information

    • Cable TV,Natural Gas Available
    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: None
    • Heating Fuel: Electric
    • Hot Water: Natural Gas
    • Elevators: 0

    Location Information

    • Direction: Use GPS
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BuyOwner last updated this listing 06/21/2025 @ 11:59

  • MLS: PADA2046420
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is for sale, it has 1,460 sqft, 3,485 sized lot, and 0 parking. are nearby neighborhoods.