37-39 E Willow St, Elizabethtown, PA 17022

$550,000
3,084
SqFt

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List Price
$550,000
Price Change
▼ $25,000 1782329095
Days on Market
46
Status
ACTIVE
MLS#
PALA2089586
Living Area
3,084
Lot Size (Acres)
0.1
Style
Converted Dwelling
Year Built
1900
County
Lancaster
School District
Elizabethtown Area

Property Description

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.

Additional Information

Area
Elizabethtown Boro (10525)
Subdivision
None Available
Taxes
$4510
School District
Elizabethtown Area
High School
Elizabethtown Area
Heating
Baseboard - Electric
Heating Fuel
Electric
Cooling
Window Unit(s)
Roof
Composite, Shingle, Metal
Utilities
Cable TV Available
Water
Public
Sewer
Public Sewer
Basement
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Hostetter Realty LLC. Contact: 7173546416