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33735019
33734777

37-39 E Willow St, Elizabethtown, PA 17022

JF
PA PA RS325195
Hostetter Realty
JG
PA 3349959
Hostetter Realty
Listed by Hostetter Realty
$575,000
0 days on market
Updated 0 days ago

37-39 E Willow Street

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,084
Units 4
Cap Rate 7.83%
NOI $45,000
Occupancy 100%
Tenancy Multi
Brand/Tenant Tenants
Rent Bumps No
Price per SqFt $186
Year Built 1900
Year Renovated 2023, 2026
Buildings 1
Lot Size (SqFt) 4,356
Zoning R-2
Parking Spaces 5 spaces
Parking Per SqFt 1.62
Sale Condition For sale by owner

Multifamily | 4 Units | Elizabethtown

Marketing 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.

Investment highlights

  • 4-Unit Investment Property
  • 2 - 1 Bdrm Units | 2 - 2 Bdrm Units
  • $45,000 Annual Income
  • New Vinyl Windows & New Roof
  • Interior Updates | 1 Unit Rehab
  • Tenant Pays Heating & Electric

Listing Contacts

JF
PA PA RS325195
Hostetter Realty
JG
PA 3349959
Hostetter Realty
Listed by Hostetter Realty

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$45,000.00
$3,750.00/mo

Valuation Metrics

0
DSCR
7.83%
Cap Rate
7.83%
ROI

Map

Zoning

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CBD CommercialCore CommercialCentral Business District
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Last updated Apr 2, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Jake Fisher
License
PA RS325195
Brokerage Phone
717-587-2481
Title
Pa
Name
John Glick
License
3349959
Brokerage
Hostetter Realty
Brokerage Address
321 East Main Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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