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Sold for $2,300,000 on 04/30/25
  • $2,300,000

    41 Peters Ave, Middletown, PA 17057

    35beds
    --baths
    --sqft
    Multi Family
    Built in 1971
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $985 Estimated rent

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    $14,805/mo

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    What's special

    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.

    Zillow last checked: 11 hours ago

    Listing updated: May 06, 2025 at 05:40am

    Listed by:

    Beth Shoop 717-571-5526,

    Coldwell Banker Realty,

    Co-Listing Agent: Colleen Marie Blume 717-503-3256,

    Coldwell Banker Realty

    Bought with:

    NON MEMBER

    Non Subscribing Office

    Source: Bright MLS,MLS#: PADA2041422MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 35
    Basement
    • Area: 0
    Heating
    • Baseboard, Wall Unit, Electric
    Cooling
    • Window Unit(s), Ductless, Electric
    Appliances
    • Included: Oven/Range - Electric, Refrigerator, Gas Water Heater
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Parking features: Unassigned, Off Street
    Accessibility
    • Accessibility features: Other
    Features
    • Pool features: None
    Lot
    • Size: 0.57 Acres
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 420210260000000
    • Zoning: R2 RES. MULTI FAMILY
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Block
    • Foundation: Block, Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1971
    • Major remodel year: 1985

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Monitored, Smoke Detector(s), Security System
    Location
    • Region: Middletown
    • Municipality: MIDDLETOWN BORO

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Income includes: Apartment Rentals, Laundry, Concessions
    • Listing terms: Bank Portfolio,Cash,Conventional
    • Ownership: Fee Simple