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.
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Listing Snapshot
Price
$2,425,000
Days On Site
63 Days
Bedrooms
12
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.57 Acres
Year Built
1971
MLS® Number
PADA2041422
Status
Pending
Property Tax
$25,536
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
2 months ago
Listing first seen on site
2 months ago
Listing updated with changes from the MLS®
General Features
Acres
0.57
Foundation
BlockSlab
Parking
Off StreetUnassigned
Property Sub Type
Multi Family
Security
Smoke Detector(s)
Sewer
Public Sewer
Special Circumstances
Standard
Style
Other
Water Source
Public
Zoning
R2 RES. MULTI FAMILY
Interior Features
Appliances
Electric RangeElectric OvenGas Water HeaterRefrigerator
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