Bought with Christopher J Good • Keller Williams Elite
$298,000
$290,000
2.8%For more information regarding the value of a property, please contact us for a free consultation.
2,520 SqFt
SOLD DATE : 12/04/2025
Key Details
Sold Price $298,000
Property Type Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,520 sqft
Price per Sqft $118
MLS Listing ID PALA2079486
Sold Date 12/04/25
Style Traditional
Abv Grd Liv Area 2,520
Year Built 1920
Available Date 2025-11-14
Annual Tax Amount $5,660
Tax Year 2025
Lot Size 10,019 Sqft
Acres 0.23
Lot Dimensions 0.00 x 0.00
Property Sub-Type Twin/Semi-Detached
Source BRIGHT
Property Description
**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.
Location
State PA
County Lancaster
Area Elizabethtown Boro (10525)
Zoning RESIDENTIAL
Rooms
Basement Dirt Floor
Interior
Interior Features Attic, Bathroom - Tub Shower, Carpet, Combination Dining/Living, Floor Plan - Traditional
Hot Water Electric
Heating Forced Air
Cooling None
Flooring Carpet, Luxury Vinyl Plank, Vinyl
Equipment Oven/Range - Electric, Refrigerator
Fireplace N
Window Features Double Hung,Energy Efficient
Appliance Oven/Range - Electric, Refrigerator
Heat Source Natural Gas
Exterior
Utilities Available Above Ground, Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Water Access N
View Street
Roof Type Architectural Shingle
Accessibility None
Garage N
Building
Lot Description Level, Not In Development, Rear Yard
Foundation Stone
Above Ground Finished SqFt 2520
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
Structure Type Dry Wall,Paneled Walls,Plaster Walls
New Construction N
Schools
School District Elizabethtown Area
Others
Tax ID 250-72498-0-0000
Ownership Fee Simple
SqFt Source 2520
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Standard
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