The Ramsey Rhoads Group
Berkshire Hathaway HomeServices Homesale Realty
[email protected] +1(717) 400-1045220-222 E PARK ST Elizabethtown, PA 17022
3 Beds
1 Bath
2,520 SqFt
UPDATED:
Key Details
Property Type Single Family Home, Townhouse
Sub Type Twin/Semi-Detached
Listing Status Under Contract
Purchase Type For Sale
Square Footage 2,520 sqft
Price per Sqft $115
Subdivision None Available
MLS Listing ID PALA2079196
Style Traditional
Bedrooms 3
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 2,520
Year Built 1920
Available Date 2025-11-14
Annual Tax Amount $5,660
Tax Year 2025
Lot Size 10,019 Sqft
Acres 0.23
Property Sub-Type Twin/Semi-Detached
Source BRIGHT
Property Description
Investor Opportunity – Fully Occupied Duplex (on one deed) w/ Strong Cash Flow + Bonus Barn! Tenants Want to Stay!
This well-maintained duplex offers immediate income, stable long-term tenants, and excellent ROI potential. Traditional twin/semi‐detached, duplex style (one deed), this property features two spacious 3-bedroom, 1-bath units, each with a functional living/dining layout and attic storage. Interiors include a mix of carpet and vinyl plank flooring, along with newly installed (2025) energy-efficient double-pane windows that improve comfort and help reduce utility costs. Situated on a 0.23-acre (10,019 sq ft) level lot, the property includes sidewalks, street lighting, off-street parking, and a welcoming porch.
Both units are currently occupied with reliable tenants, generating a combined $2,825 per month — $33,900 annual income. Tenants pay all utilities, keeping owner expenses low and maximizing net return. The large two-story barn provides excellent additional storage or potential for future rental income. The property is being sold “AS IS”.
📈 Investor Highlights:
Total Monthly Rent: $2,825
Annual Gross Income: $33,900
Estimated Annual Expenses: $4,800
Projected Net Income: $29,100/year
Approx. 10%+ Cap Rate at $290,000
Tenants pay all utilities
Tenants want to remain in place
Turnkey cash-flowing property
With 2,520 sq. ft. of finished space, stable tenants, and bonus barn potential, this is a rare chance to secure a high-performing investment property in a strong rental market.
48-hour notice required for showings.
Do not disturb tenants.
Location
State PA
County Lancaster
Area Elizabethtown Boro (10525)
Zoning RESIDENTIAL
Direction North
Rooms
Other Rooms Living Room, Bedroom 2, Bedroom 3, Kitchen, Basement, Bedroom 1, Laundry, Bathroom 1, Attic
Basement Dirt Floor
Interior
Interior Features Attic, Bathroom - Tub Shower, Carpet, Combination Dining/Living, Dining Area, Floor Plan - Traditional
Hot Water Electric
Heating Forced Air
Cooling Ceiling Fan(s)
Flooring Carpet, Vinyl, Luxury Vinyl Plank
Inclusions Refrigerator, stove/oven
Equipment Stove, Refrigerator
Fireplace N
Window Features Double Hung,Double Pane,Insulated,Energy Efficient
Appliance Stove, Refrigerator
Heat Source Natural Gas
Laundry Main Floor
Exterior
Exterior Feature Porch(es)
Utilities Available Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Water Access N
Roof Type Architectural Shingle,Rubber
Accessibility None
Porch Porch(es)
Road Frontage Boro/Township, City/County
Garage N
Building
Lot Description Level, Not In Development, Rear Yard
Story 2.5
Foundation Stone
Above Ground Finished SqFt 2520
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 2.5
Additional Building Above Grade
Structure Type Dry Wall,Plaster Walls,Paneled Walls
New Construction N
Schools
High Schools Elizabethtown Area
School District Elizabethtown Area
Others
Pets Allowed N
Senior Community No
Tax ID 250-72498-0-0000
Ownership Fee Simple
SqFt Source 2520
Security Features Smoke Detector
Acceptable Financing Cash, Conventional
Horse Property N
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
