Property Attributes
- MLS#PALA2091366
- TypeSingle Family
- Listing Status ACTIVE
- CountyLANCASTER
- CityElizabethtown
- AreaWest Donegal Twp
- NeighborhoodRheems
- Zip17022
- StyleColonial
- Year Built1905
- Taxes$ 6339
- Price$ 525,000
- Bedrooms6
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage3904
- Lot Size0.25 Acres
Data Source:
Bright MLS
Property Description
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. ---
| Price History | |
|---|---|
| 7/7/2026 | Listed $525,000 |
General Features
| Living Area | 3904 |
|---|---|
| Sewer | Public Sewer |
| Heating | Forced Air |
| Cooling | Window Unit(s) |
| Possession | Negotiable |
| Roof | Shingle |
| Zoning | RESIDENTIAL,FAMILY DWLG |
| Architectural Style | Colonial |
| Construction Materials | Vinyl Siding |
| School District | ELIZABETHTOWN AREA |
| Exclusions | Tenants personal property,washer and dryers in all units |
| Year Built | 1905 |
| Levels | 2 |
| Tax Year | 2026 |
| Ownership | Fee Simple |
| Cool Fuel | Electric |
| Accessibility | Level Entry - Main |
| County | LANCASTER |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | RHEEMS |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Full Baths | 4 |
| Status | ACTIVE |
| Directions | Head West on Main Street (Route 230 West) out of downtown Elizabethtown. Turn left onto Heisey Quarry Road. Turn left onto West Harrisburg Avenue to property on right. |
| City | ELIZABETHTOWN |
| Senior Community Y/N | No |
| MLS Area | West Donegal Twp (10516) |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 10890.00 |
| Tax Assessed Value | 250700.0 |
| Tax Annual Amount | 6339.0 |
| Structure Type | Detached |
| Condo/Coop Association fee Y/N | No |
| Bathrooms Full Main Level | 4 |
| Bathrooms Count Main Level | 4.00 |
| Price Per Sq Ft Total AG | 134.48 |
| Acceptable Financing | Cash,Conventional |
| Vacation Rental Y/N | No |
| Total SQFT | 3904 |
| Standard Status | Active |
| Year Built Source | Estimated |
| Total Actual Rent | 50400.00 |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Basement | Outside Entrance,Partial |
| Hot Water | Electric |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Above Grade Finished Area | 3904 |
| Central Air Y/N | No |
| Total Bedrooms | 6 |
| Main Level Bedrooms | 6 |
| Below Grade Finished Area Unit Type | Square Feet |
| LivingAreaSource | Assessor |
| Below Grade Finished Area Source | Assessor |
| Above Grade Finished Area Source | Assessor |
| Above Grade Finished Area Unit Type | Square Feet |
| Total Baths | 4 |
Exterior Features
| Pool | No Pool |
|---|---|
| Lot Features | Level |
| Water Source | Public |
| Inclusions | Stove/oven,Refrigerator |
| Total Parking Spaces | 8 |
| Type of Parking | Off Street,Other |
| Foundation Details | Block |
| Water View Y/N | No |
| Lot Size Acres | 0.25 |
| Lot Size Source | Estimated |
| Waterfront Y/N | No |
| Land Assessed Value | 49000.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| Off Street - # of Spaces | 8 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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