123 E Water Street, Middletown, PA 17057
- Beds
- 3
- Sqft
- 1,460
View property features, location on map, relevant school information and overview from seller's agent.
- 1
- 0
Overview
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!
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of bedrooms
- 3
- Square feet
- 1,460
- Lot size (acres)
- 0.08
- Year built
- 1900
Utilities
- Heating
- Electric, Baseboard
- Cooling
- None
- Sewer
- Public sewer
- Water
- Public
Taxes
- Tax Annual Amount (2024)
- $2,682
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Bright MLS MLS®#: PADA2046420 Last checked: …

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