220 E Park Street, Elizabethtown, PA 17022 - Photo 1

1/1

$298,000

Sold
Closed
Single Family
2,520 Sq. Ft.

1/1

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". ðŸ“ˆ 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: PALA2079486
Added to Site: 64 day(s) ago

Rental Information

Lease Info: Month to Month

Interior

Interior Features: Attic, Bathroom - Tub Shower, Carpet, Combination Dining/Living, Floor Plan - Traditional
Appliances: Oven/Range - Electric, Refrigerator
Flooring: Carpet, Luxury Vinyl Plank, Vinyl

Exterior

Exterior Features: Sidewalks, Street Lights

Parking

Parking Type: Off Street, 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

School Information

School District: Elizabethtown Area

Heating & Cooling

Cooling Type: None
Heating Type: Forced Air
Heating Fuel: Natural Gas
Water Heater: Electric

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Above Ground, 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
Walls/Ceilings: Dry Wall, Paneled Walls, Plaster Walls
Windows: Double Hung, Energy Efficient
Stories/Levels: 3
Square Feet: 2,520
Sq. Ft. Source: Assessor
Living Area: 2,520 Sq. Ft.
Finished Above Grnd: 2,520 Sq. Ft.
Year Built: 1920
Year Built Source: Assessor
Property Condition: Average

Additional Structures

Other Structures: Barn

Lot Features

Property View: Street
Lot Size (Acres): 0.23
Lot Size (Sq. Ft.): 10,019
Lot Size Source: Assessor
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
City/TownTax: $1,208
City/TownTax Freq: Annually
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: Stove/oven, refrigerator

Listed by Berkshire Hathaway HomeServices Homesale Realty, Joan M. Hains
Sold by Keller Williams Elite, Christopher J Good

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Listing agent

— 220 E Park St —

Joan M. Hains

Berkshire Hathaway HomeServices Homesale Realty

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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.

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220 E Park Street, Elizabethtown, PA 17022 (MLS# PALA2079486) 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.

220 E Park St Elizabethtown, PA 17022