$450,000
$549,500
18.1%For more information regarding the value of a property, please contact us for a free consultation.
5,644 SqFt
SOLD DATE : 04/14/2021
Key Details
Sold Price $450,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 5,644 sqft
Price per Sqft $79
Subdivision Historic District
MLS Listing ID PAAD115064
Sold Date 04/14/21
HOA Y/N N
Originating Board BRIGHT
Year Built 1860
Annual Tax Amount $5,277
Tax Year 2020
Lot Size 10,019 Sqft
Acres 0.23
Property Description
Own a piece of history in Downtown Historic Gettysburg, PA. This stunning pre- Civil War building is 2 blocks from the town square and 1 block from the National Battlefield Park. It is a wonderful investment opportunity with SIX UNITS with TEN BEDROOMS ranging from a studio to a 3 bedroom house. The studio apartment was both an antique shop and a gun store in the past and could be converted back to a retail space if you desired. This building has a grass backyard with 8 parking spaces and room for more. Included is a large workshop and a one car garage. There are two washer dryer hook-ups in the basements and a spring in the basement of 156. This building is in beautiful condition and has been well maintained. POTENTIAL Financials for 154-156 York St Expenses: Insurance 2235 Utilities: water 965, electric 1404, gas 1935. = $4304 Taxes 5200 Total $11,739 annually or $978 per month approximate expenses Income: The PROJECTED monthly income is as follows based on comps in the same town: Unit 1 Studio $650 Unit 2 two bedroom $825-850 Unit 3 large one bedroom $825-850 Unit 4 small one bedroom $650 Unit 5 two bedroom $825-850 154 (House) $1200-$1300. Workshop/garage $300. Total $63,300 annually or $5275 monthly Rents minus expenses = $51,561.00. Seller Financing is not available. Would also make an incredible Bed and Breakfast, an AirBnB or a house hack. This building is very desirable, centrally located, has great (and hard to find) parking out back, and is easy to rent. Don't miss the opportunity!
Location
State PA
County Adams
Area Gettysburg Boro (14316)
Zoning HISTORIC DISTRICT
Interior
Hot Water Natural Gas
Heating Forced Air, Heat Pump(s)
Cooling Ceiling Fan(s), Central A/C
Flooring Hardwood
Heat Source Natural Gas
Exterior
Garage Spaces 8.0
Utilities Available Electric Available, Natural Gas Available, Sewer Available, Water Available
Waterfront N
Water Access N
Accessibility None
Parking Type Driveway, Private Garage
Total Parking Spaces 8
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Gettysburg Area
Others
Tax ID 16007-0243---000
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with KEVIN BAO • All Ameridream Real Estate LLC
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