36 Middle Spring Avenue Shippensburg, PA 17257
Detached duplex in Shippensburg, PA, perfect for rental income.
Property Features for 36 Middle Spring Avenue
General Information
- Standard status
- Active
- Size
- 2,034 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1920
Listing office Coldwell Banker Realty (717) 414-0020
Listing date Mar 17, 2026
Source Compass
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Investment Insights
Based on property information with market context.
Key Highlights
- Detached duplex: Ideal for rental income or extended family.
- Two units, each with 2 bedrooms and 1 bathroom: Provides comfortable living spaces.
- Investment opportunity: Potential for maximizing rental income.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.2k | $16.32 |
| − Vacancy | −$2.0k | −$0.96 |
| EGI | $31.2k | $15.36 |
| − OpEx | −$14.1k | −$6.91 |
| NOI | $17.2k | $8.45 |
