Excellent opportunity to own a well-maintained 4-unit investment property located in the highly desirable Central Business District. This income-producing property currently generates $45,000 in annual income and offers additional upside potential through future rent increases. The property consists of two 1-bedroom units and two 2-bedroom units with separate utilities, making management more efficient and attractive to investors. Numerous recent improvements include a new roof, new windows, and new sewer lines to the street, helping reduce future maintenance concerns. The front porch is also scheduled to be professionally painted in June. Additional features include off-street parking with newly installed blacktop and a prime location convenient to downtown amenities, shopping, dining, and transportation. Whether you are looking to expand your portfolio or purchase your first multi-unit investment property, this property offers strong long-term potential in a desirable rental market. Additional details, including a profit and loss statement and further property information, will be provided prior to the listing becoming active.
48 days
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315
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9
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Zillow last checked:
Listing updated:
Listed by:
John Glick717-598-7490,
Hostetter Realty LLC7173546416
Source: Bright MLS,MLS#: PALA2089586
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 2
Heating
Baseboard, Electric
Cooling
Window Unit(s), Electric
Appliances
Included: Electric Water Heater
Laundry: Washer/Dryer Hookups Only
Features
Basement: Full
Has fireplace: No
Interior area
Total structure area: 3,084
Total interior livable area: 3,084 sqft
Property
Parking
Parking features: Off Street, On Street
Has uncovered spaces: Yes
Accessibility
Accessibility features: None
Features
Pool features: None
Frontage length: Road Frontage: 67
Lot
Size: 4,356 Square Feet
Details
Additional structures: Above Grade
Parcel number: 2509116500000
Zoning: CENTRAL BUISNESS DISTRICT
Zoning description: In Elizabethtown, the C-CBD (Central Business District) zoning district is intended to serve as the Borough’s downtown commerc
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Aluminum Siding, Shingle Siding
Roof: Composition,Shingle,Metal
Condition
Good
New construction: No
Year built: 1900
Utilities & green energy
Electric: 200+ Amp Service
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available
Community & HOA
Community
Security: Smoke Detector(s)
Subdivision: None Available
Location
Region: Elizabethtown
Municipality: ELIZABETHTOWN BORO
Financial & listing details
Price per square foot: $168/sqft
Tax assessed value: $139,900
Annual tax amount: $4,510
Date on market: 6/11/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Exclusions: Appliance Ownership Summary • All Stoves, Refrigerators, And Dishwashers Are Owned By The Property Owner. Washer & Dryer Details By Unit: • 37 E Willow St – Unit 201 Washer And Dryer Are Located In The Common Area And Are Owned By The Property Owner. • 39 E Willow St – Unit 201 Washer And Dryer Were Provided In “as-is” Condition At Move-in. Tenant Has Since Replaced The Dryer. • 37 E Willow St – Unit 101 Original Lease Does Not Mention Washer And Dryer Ownership. Current Residents Have Occupied The Unit For An Extended Period Of Time. • 39 E Willow St – Unit 101 Washer And Dryer Are Stated In The Lease As Owner-owned Appliances.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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