37-39 E WILLOW Street, Elizabethtown, PA 17022
MULTI_FAMILY - Other - ELIZABETHTOWN, PA
- Added:
- Jun 11, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 12 at 5:06 am
Property Features for 37-39 E WILLOW Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street, Off Street
- Appliances
- Washer/Dryer Hookups Only
- Standard status
- Active
- Size
- 3,084 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4510
Utilities
- Heating system
- Electric (Heating), Baseboard
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1900
- Number of units
- 4
- Building materials
- Aluminum Siding, Shingle Siding
- Architectural style
- Other
Listing agent John J Glick (717) 598-7490
Listing office Hostetter Realty LLC 321 E Main Street, NEW HOLLAND, PA (717) 354-6416
Listing date Jun 11, 2026
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 4‑unit property with two 1‑bedroom units and two 2‑bedroom units
- Separate utilities for each unit
- Generates $45,000 in annual income
- Recent improvements include new roof, new windows, and new sewer lines to the street
- Off‑street parking with newly installed blacktop; also has on‑street parking
- Electric baseboard heat and window unit A/C; washer/dryer hookups only
Overview
The building is located in the Central Business District of Elizabethtown, providing convenient access to downtown amenities, shopping, dining, and transportation. Off-street parking is available, with newly installed blacktop that supports tenant and visitor convenience.
For investors or owner-operators, the unit mix and separate utilities can simplify day-to-day management by separating billing for each home. With multiple bedrooms across the four units and a history of upkeep through key improvements, the property offers a practical option for those looking to own a small multifamily portfolio in an established rental setting. Additional documentation, including a profit and loss statement, will be provided prior to the listing becoming active.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.0k | $16.20 |
| − Vacancy | −$749 | −$0.24 |
| EGI | $49.2k | $15.96 |
| − OpEx | −$14.8k | −$4.79 |
| NOI | $34.4k | $11.17 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Elizabethtown
- County
- Lancaster
- State
- Pennsylvania
- Longitude
- -76.60726
- Latitude
- 40.15466
