4 unit turnkey property on N Market St in Elizabethtown, PA. Currently all units are rented out with good rents. Replacement windows, New rubber roof, Kitchen Stove/Refrigerator per unit, Utilities are split for reach apartment - water, sewer, trash, gas, electric. Hot water natural gas heat. Off street parking for 4 cars to the rear of the property. Detached home with 4) 2 bedroom apt. Two apartments have a privacy bedroom .$55,320.00 gross rent per year.
Excellent income-producing opportunity in the heart of Elizabethtown, PA. This well-established 4-unit rental property features four separate apartments, each with its own entrance: two spacious 2-bedroom units on the first floor and two efficient 1-bedroom units upstairs. Currently generating approximately $4,200/month in gross rental income, this property is anchored by long-term, reliable tenants, providing consistent monthly cash flow and minimal turnover. Owner currently covers water, sewer, trash, and heat, contributing to a stable, tenant-friendly environment and strong occupancy history. Ideal for the investor seeking a turnkey multifamily asset in a desirable Lancaster County location with strong rental demand, easy access to Route 283, and proximity to shops, schools, and commuter routes to Harrisburg and Lancaster. This is a rare chance to acquire a fully leased, income-ready 4-unit in Elizabethtown at an attractive price point. Schedule your showing today. ---
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.