2 unit turnkey investment property in Royalton! This large, side by side home has been renovated in the last few years, including paint, flooring, kitchens, bathrooms, and all new HVAC. Gas heat and central air in both units! All utilities are separated and can be paid by tenants. Owner currently pays W/S/T for $270/month. 501 is a 3 bedroom, 1 bath unit and rents for $1200. 503 is a 2 bedroom, 1 bath unit and rents for $1100. Detached garage rents separately for $50. This property would make an ideal first investment to live in one, rent the other, or could be a nice addition to the portfolio of an experienced investor.
Sold for $256,000 on 06/06/25
$256,000
501 Shippen St, Middletown, PA 17057
5beds
--baths
2,855sqft
Duplex
Built in 1900
-- sqft lot
$251,700 Zestimate®
$90/sqft
$1,509 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: June 06, 2025 at 09:02am
Listed by:
KYLE MCCORKEL 717-649-1825,
Prime Home Real Estate, LLC
Bought with:
Joette Swartz, RS311657
RE/MAX Realty Select
Source: Bright MLS,MLS#: PADA2044898
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Gas Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 2,855
- Total interior livable area: 2,855 sqft
Property
Parking
- Total spaces: 1
- Parking features: Storage, Detached
- Garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 6,970 sqft
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 540030260000000
- Zoning: RESIDENTIAL
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Frame
- Foundation: Stone, Pillar/Post/Pier
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Middletown
- Municipality: ROYALTON BORO
Other
Other facts
- Listing agreement: Exclusive Agency
- Ownership: Fee Simple