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, Below Grade
Lot Dimensions: 0.23 Acre(S)
Appliances: Oven/Range - Electric, Refrigerator
Lot Features: Level, Not In Development, Rear Yard
Basement: Dirt Floor
Lot Size: 0.23 Acres
Basement: Yes
Roof Type: Architectural Shingle
Cooling: None
Sewer: Public Sewer
Days on Market: 20
Special View Info: Street
Exterior: Sidewalks, Street Lights
Taxes: $5,660
Exterior: Frame
Three Bedroom Units: 2
Flooring: Carpet, Luxury Vinyl Plank, Vinyl
Units: 2
Fuel Type: Natural Gas
Utilities: Above Ground, Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Heating: Forced Air
Water: Public
Interior: Attic, Bathroom - Tub Shower, Carpet, Combination Dining/Living, Floor Plan - Traditional
Windows: Double Hung, Energy Efficient
Lot Description: Level, Not In Development, Rear Yard
Year Built: 1920
School District: ELIZABETHTOWN AREA