903 S Market St Elizabethtown, PA 17022
For Sale
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This exceptional investment opportunity presents an assemblage of four contiguous parcels totaling 1.05 acres, strategically located at a signalized intersection in Elizabethtown Borough, Pennsylvania. The property boasts a prime location at the entrance to the borough, offering significant frontage on Route 230 (S. Market Street). Currently generating a total gross income of approximately $116,000 and a net income of approximately $48,000 annually, this mixed-use property comprises four residential units and established commercial tenants including an auto repair shop, salon, and physical therapy office. All existing furniture, fixtures, and equipment (FF&E) are included in the sale. Note that current residential tenants include employees of the seller, occupying units at below-market rents, presenting a significant opportunity to increase profitability. The property's four parcels are identified by the following account numbers: 250-01383-0-0000, 250-08913-0-0000, 250-11967-0-0000, and 250-15155-0-0000. Taxes and assessments reflect the total for all four properties. The property's strategic location, existing income stream, and significant redevelopment potential make this an attractive investment for discerning buyers seeking strong returns in a desirable Pennsylvania market. The address is 903 S Market Street, Elizabethtown, PA. Priced at $1,600,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-G · Elizabethtown, PAElizabethtown. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.