Skip To Content

123 E Water Street

MIDDLETOWN, PA 17057
  • $185,000
  • STATUS: Active
  • ON SITE: 24 Days
  • ID#: PADA2046420
UPDATED: 66 min ago
$185,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,460
    SQFT
  • $127
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Information

Middle School:
School District:

Description

Investors 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. Dont miss this opportunity"schedule your showing today!

Monthly Payment Calculator



©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Craig Hartranft Team, Berkshire Hathaway Homesale Realty. 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. Data last updated: 2025-07-07T16:56:12.63.
www.lancasterhome.com/homes/164847406
Print Image

123 E Water Street MIDDLETOWN, PA 17057

  • Price: $185,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 66 min ago
  • ID#: PADA2046420
0
Beds
0
Baths
0
½ Baths
0.08
Acres
1,460
SQFT
$127
$/SQFT
1900
Built
Neighborhood:
None Available
County:
Dauphin
Area:
Middletown Boro (14040)
Middle School:
Middletown Area
High School:
Middletown Area High School
School District:
Middletown Area
Property Description
Investors 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. Dont miss this opportunity"schedule your showing today!
Exterior Features

Architectural Style Victorian Construction Materials Brick Garage YN No Parking Types On Street Pool No Pool Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1460 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Fireplace YN No Heating Baseboard - Electric Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 1 Units Furnished None

Property Features

Acceptable Financing ConventionalCashFHAVA Accessibility Features None Central Air YN No Cooling Fuel None Elevators 0 Existing Lease Type Month to Month Foundation Details Block Heating Fuel Electric Hot Water Natural Gas Municipality MIDDLETOWN BORO Navigable Water YN N New Construction YN No Number Of Units Leased 2 Number Of Units Total 2 Number Of Units Vacant 0 Original MLSNumber 803931822072 Ownership Interest Fee Simple Property Sub Type Duplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Twin/Semi-Detached Tax Annual Amount 2682.00 Total Actual Rent 17220.00 Utilities Cable TVNatural Gas Available Vacation Rental YN No Water Source Public Zoning R03 2 STORY Zoning Description R03 2 Story

Listing courtesy of Keller Williams of Central PA: .


©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Craig Hartranft Team, Berkshire Hathaway Homesale Realty. 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. Data last updated: 2025-07-07T16:56:12.63.
 
https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_1_803931822072-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_1_803931822072-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_1_803931822072-2.jpg
Logo
The Craig Hartranft Team, Berkshire Hathaway Homesale Realty
150 North Pointe Blvd.
Lancaster PA, 17601
<-- Client Provided 11/13/24-- >