$720,000
$750,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
3,056 SqFt
SOLD DATE : 09/08/2023
Key Details
Sold Price $720,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 3,056 sqft
Price per Sqft $235
Subdivision Gettysburg Borough
MLS Listing ID PAAD2007802
Sold Date 09/08/23
HOA Y/N N
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $5,025
Tax Year 2023
Lot Size 6,970 Sqft
Acres 0.16
Property Description
Impeccable condition! Check out this completely remodeled (2022) 4 unit (3 residential/1 commercial storefront) with approx 3056 sq.ft. and 4 on sight parking spaces located in the heart of Gettysburg's tourist district! The zoning is Tourist Commercial/Historic District/Streetscape Enhancement. Zoning allows for a multitude of uses.....including but not limited to multifamily dwelling, Vacation rental ( land use permit/certificate of use and occupancy required prior to opening), gift shop/retail store, museum, professional/business office, restaurant etc. Be sure to check out the Gettysburg Borough website to confirm all uses:) The 2022 lovingly extensive remodel with bright open spaces (actual cost of $503,000) includes new roofing, HVAC, plumbing, electric, most windows, maple hard wood floors, kitchens/ baths, appliances/ window blinds, granite countertops, tile flooring, porch decking/railings, ceiling fans/lighting, etc. There is a small rear yard and spacious storage shed behind the cottage. The property is all electric with 4 meters, 1 meter for each of the units....the combined total electric expense ( 4 invoices) was $209 per month for the last 12 months. Although the property has not been tenant occupied, the utilities were on and used by the owner and contractors. There is one water/sewer meter (1 invoice) but if the future owner wishes to have 4 meters the plumbing is set up so that is possible. The 540 sq.ft. storefront commercial space has 10.5 ft. ceilings, 7' x 6'5 " half bath, minisplit HVAC unit, 2 ceiling fans, two 6' x 5' front windows with wonderful street visibility for tourist traffic, benches and planters along the front paver sidewalk and street level entry(no steps) ..... projected rent of $1100 per month. Apartment 1 boasts 1134 sq. ft. (estimated), rear patio, access entry at rear porch, 11' x 10' sunroom, 13' x 12' eat-in kitchen, 12' x 12' living room, 15' x 12' bedroom #1 with fireplace (decorative only) / 5' x 5' walk-in closet / attached 8' x 6' full bath, 6' x 3' laundry, 12' x 11' bedroom #2 with attached 7' x 3' half bath, HVAC for this unit only ..... projected rent $1800 per month. Apartment 2 is accessed from side center of the building and boasts 746 sq.ft.(estimated) 8' x 5' entry foyer with steps to level 2, 12' x 12' living room / 14' x 12' kitchen combo, 15' x 11' deck, 11' x 8' full bath, 13' x 12' bedroom with 9 ft. closet, laundry closet, HVAC for this unit only, walk-up attic with storage galore ..... projected rent $1700 per month. The cottage is a freestanding street level building and boasts 636 sq.ft.(estimated), front and rear entrances, 18' x 10' living room / 14' x 8' galley kitchen with breakfast bar combo, 7' x 4' full bath with walk-in shower, 23' x 13' bedroom with laundry area, electric BB heat with wall AC units .... projected rent $1600 rent per month. Each of the 4 units has it's own electric heat/cooling and electric water heater. The total projected monthly rent is $6200 per month or $74,400 per year. This property is a must see with potential galore!
Location
State PA
County Adams
Area Gettysburg Boro (14316)
Zoning TOURIST,HISTORIC,STREETSC
Interior
Hot Water Electric
Heating Forced Air, Baseboard - Electric, Heat Pump(s)
Cooling Window Unit(s), Heat Pump(s)
Flooring Wood, Carpet, Tile/Brick, Luxury Vinyl Plank
Heat Source Natural Gas
Exterior
Garage Spaces 4.0
Utilities Available Electric Available, Natural Gas Available, Cable TV Available
Water Access N
Roof Type Shingle,Rubber
Accessibility Other
Total Parking Spaces 4
Garage N
Building
Foundation Block, Crawl Space
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Gettysburg Area
Others
Tax ID 16015-0026---000
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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