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$298,000
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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.
Full Property Details
Full Property Details for 220 E Park St
General
- Sold For: $298,000
- Taxes: $5,660 (2025)
- Status: Closed
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: PALA2079196
- Added to Site: 64 day(s) ago
Interior
- Number of Rooms: 9
- Rooms/Areas: Living Room, Bedroom 2, Bedroom 3, Kitchen, Basement, Bedroom 1, Laundry, Bathroom 1, Attic
- Interior Features: Attic, Bathroom - Tub Shower, Carpet, Combination Dining/Living, Dining Area, Floor Plan - Traditional
- Appliances: Stove, Refrigerator
- Flooring: Carpet, Vinyl, Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Upper Floor Baths: 1
- Upper - Full Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Upper: 3
Additional Information
- Security/Safety: Smoke Detector
Exterior
- Exterior Features: Sidewalks, Street Lights
- Porch/Patio/Deck: Porch(es)
Parking
- Parking Type: On Street
Location
- Area: Elizabethtown Boro (10525)
- Municipality: ELIZABETHTOWN BORO
- County: LANCASTER
- Driving Directions: Take E High St and make a right on Spruce, right on Park to home on left
- Direction Faces: North
School Information
- School District: Elizabethtown Area
- High School: Elizabethtown Area
Heating & Cooling
- Cooling Type: Ceiling Fan(s)
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Structural Information
- Architectural Style: Traditional
- Structure Type: Twin/Semi-Detached
- Construction: Frame
- Basement: Yes
- Basement Desc.: Dirt Floor
- Foundation: Stone
- Roof: Architectural Shingle, Rubber
- Walls/Ceilings: Dry Wall, Plaster Walls, Paneled Walls
- Windows: Double Hung, Double Pane, Insulated, Energy Efficient
- Stories Description: Lower 1, Main, Upper 1, Upper 2
- Square Feet: 2,520
- Sq. Ft. Source: Estimated
- Living Area: 2,520 Sq. Ft.
- Finished Above Grnd: 2,520 Sq. Ft.
- Year Built: 1920
- Year Built Source: Estimated
- Property Condition: Average
Additional Structures
- Other Structures: Barn
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,019
- Lot Size Source: Estimated
- Zoning: RESIDENTIAL
- Lot Description: Level, Not In Development, Rear Yard
Financial Considerations
- Price Per Sq. Ft.: $115.08
- Assessment Year: 2025
- School Tax: $3,892
- County Tax: $558
- County Tax Freq: Annually
- Tax w/Assessment: $191,900
- Tax Amount: $5,660
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 2520
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Washer/Dryer
- Inclusions: Refrigerator, stove/oven
Listed by Berkshire Hathaway HomeServices Homesale Realty, Joan M. Hains
Sold by Keller Williams Elite, Christopher J Good
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Schools
Schools serving 220 E Park St
School District:Elizabethtown Area School District
| Name | Grades | Distance |
|---|---|---|
East High Street El School 800 East High Street, Elizabethtown, PA 17022 | K-3 | 0.9 mi |
Elizabethtown Area Middle School 600 East High Street, Elizabethtown, PA 17022 | 7-8 | 0.4 mi |
Elizabethtown Area Senior High School 600 East High Street, Elizabethtown, PA 17022 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 220 E Park St
Date
Details
Price
Change
Source
12/04/2025
Sold
$298,000
2.76%
MLS
11/14/2025
Listed
$290,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
220 E Park Street, Elizabethtown, PA 17022 (MLS# PALA2079196) is a Single Family property that was sold at $298,000 on December 04, 2025. Want to learn more about 220 E Park Street? Do you have questions about finding other Single Family real estate for sale in Elizabethtown? You can browse all Elizabethtown real estate or contact a Coldwell Banker agent to request more information.

