129 N Market St, Elizabethtown, PA 17022

$299,900
6
BD
2
BA
2,214
SqFt

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List Price
$299,900
Days on Market
1
Status
ACTIVE
MLS#
PALA2097602
Bedrooms
6
Bathrooms
2
Full Baths
2
Living Area
2,214
Lot Size (Acres)
0.14
Style
Side by Side
Year Built
1930
County
Lancaster
School District
Elizabethtown Area

Property Description

GREAT INVESTMENT OPPORTUNITY IN ELIZABETHTOWN BOROUGH! This side-by-side duplex is ideal for investors or buyers looking to live in one unit while collecting rental income from the other! Each unit offers approximately 1,100 square feet of living space, 3 bedrooms, and 1 full bathroom. Features include separate natural gas hot water heating systems, separate electric services, natural gas water heaters, replacement windows, and kitchens and baths updated around 2005. Off-street parking accommodates at least 4 vehicles! The 129 side is in good condition, while the 131 side offers an opportunity for improvements and added value. Both units are currently rented on month-to-month leases at below-market rates. With potential rental income of approximately $1,500 per month per unit after improvements, this property could generate $36,000 in annual gross rental income! Tenants pay their own gas, electric, and water, and reimburse the landlord for sewer and trash. Two units, one deed, and excellent income potential! Conveniently located in Elizabethtown Borough, this property offers an opportunity for both investors and owner-occupants!

Additional Information

Area
Elizabethtown Boro (10525)
Subdivision
Central Business District
School District
Elizabethtown Area
Middle School
Elizabethtown Area
High School
Elizabethtown Area
Heating
Baseboard
Cooling
None
Roof
Architectural
Water
Public
Sewer
Public Sewer
Basement
Full, Interior Entry, Unfinished, Exterior Entry

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Listing courtesy of RE/MAX Pinnacle. Contact: