Bought with BRAD CLELAND • RE/MAX 1st Advantage
$765,000
$770,000
0.6%For more information regarding the value of a property, please contact us for a free consultation.
4,212 SqFt
SOLD DATE : 07/31/2025
Key Details
Sold Price $765,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 4,212 sqft
Price per Sqft $181
MLS Listing ID PACB2043996
Sold Date 07/31/25
Year Built 1960
Annual Tax Amount $9,082
Tax Year 2024
Lot Size 8,276 Sqft
Acres 0.19
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Presenting a turn-key investment opportunity at 153 S 32nd Street, Camp Hill, PA 17011. This fully occupied, mixed-use property is located in the heart of Camp Hill Borough and features one main-level commercial office space and two medium-term Airbnb rental units on the upper floors. All three units are fully furnished and income-producing. The first-floor commercial space benefits from strong visibility with an estimated traffic count of 40,000 vehicles per day and was designed with the flexibility to be converted into a three-bedroom residential unit if desired.
The property was completely gutted and renovated between 2022 and 2023, resulting in significantly reduced maintenance requirements. Renovations include all new windows, appliances, lifetime LVP flooring, spray foam insulation throughout, new roof and siding, deck installation, and engineered drawings with MEPs. All major systems have been upgraded: electrical (four separate panels), plumbing, HVAC (including a new heat pump and AC condenser in 2024), and two new water heaters.
The property also includes a 28' x 28' two-car garage, nine off-street parking spaces, and additional curb parking. Strategically located near local businesses and amenities, this investment offers consistent rental income with minimal capital expense. The property delivers a Net Operating Income (NOI) of $53,212.50 and a capitalization rate of 6.91%.
Location
State PA
County Cumberland
Area Camp Hill Boro (14401)
Zoning MDRO1
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water, Zoned
Cooling Central A/C, Window Unit(s)
Flooring Carpet, Vinyl
Heat Source Natural Gas
Exterior
Garage Spaces 11.0
Water Access N
Roof Type Asphalt
Street Surface Alley,Concrete,Black Top,Paved
Accessibility 2+ Access Exits, Doors - Lever Handle(s), Level Entry - Main, Ramp - Main Level
Road Frontage City/County
Total Parking Spaces 11
Garage N
Building
Lot Description Corner, Cleared, Landscaping
Sewer Public Sewer
Water Public
New Construction N
Schools
High Schools Camp Hill
School District Camp Hill
Others
Tax ID 01-21-0273-417
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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