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.
Elizabethtown is located in Pennsylvania. Elizabethtown, Pennsylvania has a population of 11,574. Elizabethtown is less family-centric than the surrounding county with 26.3% of the households containing married families with children. The county average for households married with children is 32.04%.
The median household income in Elizabethtown, Pennsylvania is $61,803. The median household income for the surrounding county is $73,688 compared to the national median of $69,021. The median age of people living in Elizabethtown is 34.9 years.
The average high temperature in July is 85.1 degrees, with an average low temperature in January of 21.3 degrees. The average rainfall is approximately 41.7 inches per year, with 23.9 inches of snow per year.
