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Dashboard
- $180k Price
- 1,460 Sqft
- .08 Acres
- 69 DOM
123 E Water St
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!
Essential Information
- MLS® #PADA2046420
- Price$180,000
- Bathrooms0.00
- Square Footage1,460
- Acres0.08
- Year Built1900
- TypeMulti-Family
- Sub-TypeDuplex, Twin/Semi-Detached
- StyleVictorian
- StatusActive
Community Information
- Address123 E Water St
- AreaMiddletown Boro (14021)
- SubdivisionNONE AVAILABLE
- CityMIDDLETOWN
- CountyDAUPHIN-PA
- StatePA
- MunicipalityMIDDLETOWN BORO
- Zip Code17057
Amenities
Utilities
Cable TV, Natural Gas Available
Interior
- HeatingBaseboard - Electric
- CoolingNone
- # of Stories2
Exterior
- ExteriorBrick and Siding
- FoundationBlock
School Information
- DistrictMIDDLETOWN AREA
- MiddleMIDDLETOWN AREA
- HighMIDDLETOWN AREA HIGH SCHOOL
Additional Information
- Date ListedJune 12th, 2025
- Days on Market69
- ZoningR03 2 STORY
Listing Details
- OfficeKeller Williams of Central PA
- Office Contact(717) 761-4300
Price Change History for 123 E Water St, MIDDLETOWN, PA (MLS® #PADA2046420)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced | $180,000 | $4,000 (2.17%) | |
| Price Reduced (from $185,000) | $184,000 | $1,000 (0.54%) |
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Listing information last updated on August 19th, 2025 at 5:16pm CDT.