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Key Details
Sold Price $2,300,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PADA2041422
Sold Date 04/30/25
Style Other
Originating Board BRIGHT
Year Built 1971
Annual Tax Amount $25,536
Tax Year 2023
Lot Size 0.570 Acres
Acres 0.57
Property Sub-Type Detached
Property Description
Middletown Borough 35 Unit Apartment building. Fully rented. Walk to Penn State University Harrisburg. Brand new roof in 2022. All new breaker boxes in March 2023. Vinyl Replacement windows. Two newer gas hot water heaters. The annual rent roll is $ 318,120.00 with additional income from coin-operated laundry and vending machines . Property run by a management company. Total operating expenses $126,889.69 The units are all one-bedroom or efficiency apartments. There are fire/security cameras in public areas. 28 of the units have PTAC and 7 have BB with window units. Units each have a range/stove, refrigerator, and access to the washers/ dryers in the laundry room. There are 40+ parking spaces. The tenant pays for cable, internet, and phone. It is located just outside Harrisburg, Pennsylvania the state capitol, and minutes from Harrisburg Int'l Airport.
Location
State PA
County Dauphin
Area Middletown Boro (14040)
Zoning R2 RES. MULTI FAMILY
Interior
Hot Water Natural Gas
Heating Baseboard - Electric, Wall Unit
Cooling Window Unit(s), Ductless/Mini-Split
Equipment Oven/Range - Electric, Refrigerator
Fireplace N
Appliance Oven/Range - Electric, Refrigerator
Heat Source Electric
Exterior
Water Access N
Roof Type Shingle
Accessibility Other
Garage N
Building
Foundation Block, Slab
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
High Schools Middletown Area High School
School District Middletown Area
Others
Tax ID 42-021-026-000-0000
Ownership Fee Simple
SqFt Source Assessor
Security Features Monitored,Smoke Detector,Surveillance Sys
Acceptable Financing Bank Portfolio, Cash, Conventional
Listing Terms Bank Portfolio, Cash, Conventional
Financing Bank Portfolio,Cash,Conventional
Special Listing Condition Standard
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