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MLS: #PACB2058484, Listed By: CHRISTINE WALKER, M C Walker Realty, Source:Bright MLS

503 W Main Street

MECHANICSBURG, PA 17055
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Bed 3

Bed

Bath 0

Bath

SqFt2,628

Sqft

Acres0.26

Acre(Lot)

INVESTMENT OPPORTUNITY IN THE HEART OF MECHANICSBURG! Welcome to 503 W Main Street, a well-positioned three-unit investment property offering an attractive combination of established rental income, desirable apartment layouts, and a convenient location walkable to downtown Mechanicsburg. Situated on one of the appealing blocks of West Main Street, this property places tenants close to restaurants, shopping, schools, major highways, and all that the Mechanicsburg community has to offer. The property features three separate rental units, each with its own character and appeal, and all are occupied by long-term tenants with yearly leases. The first-floor 2-bedroom apartment offers approximately 1,000 square feet of comfortable living space and features hardwood flooring, high ceilings, ceilin g fans, and mostly newer windows. The kitchen and bathroom were remodeled in 2016, and the unit includes a microwave, electric oven, dishwasher, and washer and dryer. Tenants also enjoy off-street parking, a covered side porch, and a rear deck featuring low-maintenance Trex decking. The efficiency apartment was fully remodeled in 2017 and offers a bright, inviting interior with shaker-style white cabinetry, ceiling fans, and a covered side balcony with Trex decking. An attic access area provides additional storage. The 1-bedroom apartment offers a practical layout with a quaint kitchen, spacious living/dining combination, a storage closet, and a separate bedroom. Its efficient design provides an appealing rental option for tenants seeking a more affordable place to call home. From an investment standpoint, the property offers three established rental streams with long-term tenants and annual leases already in place. Current monthly rents are $1,130 for the 2-bedroom, $815 for the 1-bedroom, and $815 for the efficiency, for a total of $2,760 per month, or $33,120 annually in scheduled rental income. Even better, tenants are responsible for their own heat, hot water, and electricity, while the owner pays water, sewer, and trash. Whether you are expanding an existing portfolio or looking for your first multifamily investment, 503 W Main Street offers the opportunity to own a three-unit property in an established Mechanicsburg neighborhood with strong rental appeal. With renovated units, desirable features, long-term tenants, outdoor spaces, and a location close to downtown and major transportation routes, this property is ready to continue its role as a solid income-producing investment.

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Detail Ic Property Details

Property Type : Residential Income

Price : $369,900

AD Id : 91357514

MLS Id : PACB2058484

Beds : 3

Lot Size : 0.26 Acre

Living Area Size : 2,628 Sq. Ft

Tax Amount : $4,230

Year Built : 1903

County : CUMBERLAND

Subdivision: None Available

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Map

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Feature Features

  • Bedroom Information

    Total beds: 3

    Room Information

    Has Basement: Yes Basement: Unfinished
  • Flooring Information

    Wood, Carpet, Vinyl
  • Roofing Information

    Shingle, Rubber
  • Interior Features

    Roof: Shingle, Rubber Appliances: Electric Range, Electric Oven, Electric Water Heater, Washer, Dishwasher, Refrigerator, Washer/Dryer Stacked, Microwave, Dryer Laundry Features: Main Level
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Oil, Baseboard, Radiant Cooling: None

  • Building Information

    Year Built: 1903 Building Area Total: 2628 Construction Materials: Frame Patio And Porch Features: Deck, Porch Pool Features: None Private Pool: No

  • Lot Information

    Lot Size Acres: 0.26 Lot Size Source: Assessor Lot Size Square Feet: 11326

    Property Information

    Subdivision: NONE AVAILABLE Source Property Type: Residential Income Postal Code Plus 4: 3223 Property SubType: Triplex Property Age: 123

  • Listing Price Information

    Listing Price: $369900

  • Tax Information

    Parcel Number: 20-23-0567-002 Tax Year: 2026 Annual Tax: $4230

  • Parking Information

    Parking Total: 2 Off Street, On Street

  • School Information

    Elementary School:
    Junior High School:
    Senior High School: MECHANICSBURG AREA
  • Location Information

    Direction: From the square of Mechanicsburg, go West on Main Street Mechanicsburg to the property on the left. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2715 Mill Road, Mechanicsburg, PA, 17055 $625,000 6 -- 3,500 0.12 Acre

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ByOwner last updated this listing 09/30/2026 @ 05:11

MLS: PACB2058484 LISTED BY: CHRISTINE WALKER, M C Walker Realty 717-697-9487 SOURCE: Bright MLS

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