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Sold for $298,000
  • $298,000

    220 E Park St, Elizabethtown, PA 17022

    --beds
    --baths
    2,520sqft
    Multi Family
    Built in 1920
    -- sqft lot
    $306,700 Zestimate®
    $118/sqft
    $1,457 Estimated rent

    Home value

    $306,700

    $291,000 - $325,000

    $1,457/mo

    Zestimate® history
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    What's special

    **An offer has been received. An offer deadline has been set for Wednesday, November 19, 2025 at 5 PM** Investor Opportunity #x2013; 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#x2010;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 #x2014; $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 #x201c;AS IS#x201d;. #x1f4c8; 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.

    Zillow last checked:

    Bought with:

    Berkshire Hathaway HomeServices Homesale Realty

    Source: BHHS Homesale Realty,MLS#: PALA2079486

    Facts & features

    Interior

    Heating
    • Forced Air, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Oven, Refrigerator
    Features
    • Flooring: Linoleum
    Interior area
    • Total structure area: 2,520
    • Total interior livable area: 2,520 sqft

    Property

    Lot
    • Size: 8,712 Square Feet
    Details
    • Parcel number: 2507249800000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Roof: Other
    Condition
    • Year built: 1920

    Community & HOA

    Location
    • Region: Elizabethtown

    Financial & listing details

    • Price per square foot: $118/sqft
    • Tax assessed value: $191,900
    • Annual tax amount: $5,565
    • Date on market: 12/5/2025

    Price history

    DateEventPrice
    12/4/2025Sold$298,000$118/sqft
    Source: BHHS Homesale Realty #9e31cff07d69a8f9cbda30b7dbe5732f Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,565 +3.3%$191,900
    2024$5,388 +3.9%$191,900
    2023$5,185 +3.6%$191,900
    2022$5,004 +2%$191,900
    2021$4,908 +240.5%$191,900
    2020$1,441 -68.6%$191,900
    2019$4,590 +231.7%$191,900
    2018$1,384 -66.2%$191,900 +37%
    2017$4,096 +0.3%$140,100
    2016$4,082 +58.6%$140,100
    2015$2,574 $140,100
    2014$2,574 $140,100
    2013-- $140,100
    2012-- $140,100
    2011-- $140,100
    2010-- $140,100
    2009-- $140,100
    2007-- $140,100
    2006-- $140,100
    2005-- $140,100 +7.7%
    2004-- $130,100
    2003-- $130,100
    2002-- $130,100
    2000-- $130,100
    Find assessor info on the county website

    Neighborhood: 17022

    Nearby schools

    GreatSchools rating
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    $306,700
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    With Zillow Showcase(estimated)
    $312,834