220 E PARK STREET , Elizabethtown, PA 17022


Sold For: 298000

Sold on: Dec 4th, 2025
$ Per Square Foot: $118.25
Beds: 3
Baths: 1 full

Comments for 220 E PARK STREET , Elizabethtown, PA 17022

**An offer has been received. An offer deadline has been set for Wednesday, November 19, 2025 at 5 PM** 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.

Accessibility: Above Grade Lot Dimensions: 0.23 Acre(S)
Appliances: Stove, Refrigerator Lot Features: Level, Not In Development, Rear Yard
Basement: Dirt Floor Lot Size: 0.23 Acres
Basement: Yes Number of Rooms: 9
Cooling: Ceiling Fan(s) Roof Type: Architectural Shingle, Rubber
Days on Market: 20 Rooms: Living Room, Bedroom 2, Bedroom 3, Kitchen, Basement, Bedroom 1, Laundry, Bathroom 1, Attic
Exterior: Frame Sewer: Public Sewer
Exterior: Sidewalks, Street Lights Taxes: $5,660
Flooring: Carpet, Vinyl, Luxury Vinyl Plank Utilities: Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Fuel Type: Natural Gas Water: Public
Heating: Forced Air Windows: Double Hung, Double Pane, Insulated, Energy Efficient
Interior: Attic, Bathroom - Tub Shower, Carpet, Combination Dining/Living, Dining Area, Floor Plan - Traditional Year Built: 1920
Lot Description: Level, Not In Development, Rear Yard  
High School: ELIZABETHTOWN AREA
School District: ELIZABETHTOWN AREA
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Listed By

Agency Name: Berkshire Hathaway HomeServices Homesale Realty

Shown By

Agent Name: Jen Blankenbiller
Agent Phone: (484) 529-9169

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