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$575,000
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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.
Full Property Details
Full Property Details for 37-39 E Willow St
General
- Price: $575,000
- Taxes: $4,510 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PALA2089986
- Updated: 6/11/2026
- Added to Site: 8 day(s) ago
Business
- Business Type: Apartment Building
Additional Information
- Security/Safety: Smoke Detector
Parking
- Total Spaces: 6
- Parking Type: Driveway
Location
- Area: Elizabethtown Boro (10525)
- Municipality: ELIZABETHTOWN BORO
- County: LANCASTER
- Driving Directions: Use Gps
School Information
- High School: Elizabethtown Area
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available
Structural Information
- Construction: Aluminum Siding, Shingle Siding
- Roof: Composite, Shingle, Metal
- Building Size: 3084
- Year Built: 1900
- Year Built Source: Estimated
- Property Condition: Good
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 2, Unit 4, Unit 3
Lot Features
- Lot Size (Acres): 0.1
- Lot Size (Sq. Ft.): 4,356
- Lot Size Source: Estimated
- Frontage Feet: 67
- Zoning: CENTRAL BUISNESS DISTRICT
Financial Considerations
- Price Per Sq. Ft.: $186.45
- School Tax: $2,459
- City/TownTax: $699
- City/TownTax Freq: Annually
- County Tax: $477
- County Tax Freq: Annually
- Tax w/Assessment: $139,900
- Tax Amount: $4,510
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- 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.
Listed by Hostetter Realty LLC, John J Glick
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Schools
Schools serving 37-39 E Willow St
School District:Elizabethtown Area School District
| Name | Grades | Distance |
|---|---|---|
Mill Road El School 35 Elm Avenue, Elizabethtown, PA 17022 | K-3 | 0.5 mi |
Bear Creek School 1459 Sheaffer Road, Elizabethtown, PA 17022 | 4-6 | 1.5 mi |
Elizabethtown Area Middle School 600 East High Street, Elizabethtown, PA 17022 | 7-8 | 0.7 mi |
Elizabethtown Area Senior High School 600 East High Street, Elizabethtown, PA 17022 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 37-39 E Willow St
Date
Details
Price
Change
Source
6/11/2026
Listed
$575,000
194.87%
MLS
11/30/2011
Sold
$195,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 37-39 E Willow St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,510
3%
$155,500
—
2024
$4,366
8%
$155,500
—
2023
$4,055
—
$155,500
—
2022
$4,055
4%
$155,500
—
2021
$3,898
3%
$155,500
—
2020
$3,794
2%
$155,500
—
2019
$3,719
-15%
$155,500
—
2018
$4,363
7%
$155,500
11%
2017
$4,090
3%
$139,900
—
2016
$3,965
4%
$139,900
—
2015
$3,820
3%
$139,900
—
2014
$3,725
—
$139,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 37-39 E Willow St
37-39 E Willow Street, Elizabethtown, PA 17022 (MLS# PALA2089986) is a Apartment property. 37-39 E Willow Street is currently listed for $575,000 and was received on June 11, 2026. Want to learn more about 37-39 E Willow Street? Do you have questions about finding other Apartment real estate for sale in Elizabethtown? You can browse all Elizabethtown real estate or contact a Coldwell Banker agent to request more information.

