$422,000
SOLD OCT 25, 2024

161 N College St Carlisle, PA 17013

-- Bed
-- Bath
3,044 Sq Ft
0.25 Acres

Recently Sold

$139 Per Sq Ft

2% Below List Price

5 Days on Market

Highlights

  • Corner Lot
  • More Than Two Accessible Exits
  • Carpet
  • Side Yard
  • Forced Air Heating System

About This Home

As of October 2024

Investment Opportunity! Here is your chance to own this fully leased 3-unit apartment building located in Carlisle Borough across the street from Dickinson College Rector Science Complex. Each tenant pays water, sewer, trash, electric. A total of 2 - 2 bedroom/1 full bath units and 1 - 3 bedroom/1 full bath unit. Off street parking at the building. Owner currently uses the oversized detached garage but this could be future rental income! There is also a shed that is currently leased. Add this to your rental portfolio today!

Last Agent to Sell the Property

Jeanne DeDay

(717) 991-6153 jdeday@homesale.com Berkshire Hathaway HomeServices Homesale Realty License #RS311743 Listed on: 09/06/2024

Berkshire Hathaway HomeServices Homesale Realty

Co-Listed By

Joseph DeDay

(717) 761-7900 josephdeday@homesale.com Berkshire Hathaway HomeServices Homesale Realty License #RS363190

Last Buyer's Agent

datacorrect BrightMLS

datacorrect@brightmls.com Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,455

Year Built

  • Built in 1895

Lot Details

  • 0.25 Acre Lot
  • Corner Lot
  • Level Lot
  • Open Lot
  • Side Yard

Home Design

  • Brick Exterior Construction
  • Stone Foundation

Interior Spaces

  • 3,044 Sq Ft Home
  • Carpet
  • Gas Oven or Range
  • Unfinished Basement

Home Security

  • Fire and Smoke Detector
  • Fire Escape

Parking

  • 5 Parking Spaces
  • 5 Off-Street Spaces
  • Gravel Driveway
  • On-Street Parking

Accessible Home Design

  • More Than Two Accessible Exits

Schools

  • Carlisle Area High School

Utilities

  • Ductless Heating Or Cooling System
  • Window Unit Cooling System
  • Forced Air Heating System
  • Wall Furnace
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for common area maintenance, insurance, real estate taxes
  • Assessor Parcel Number 05-20-1798-245

Community Details

Overview

  • 3 Units
  • 3-Story Building

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,300
  • Maintenance Expense $2,013
  • Other Expense $720
  • Operating Expense $4,455
  • Net Operating Income $31,772

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,455

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Inclusions: Refrigerator, stove, and washer & dryer in each unit.
  • New Construction: No
  • Other Expense: 720.00
  • Expected On Market: 2024-09-06
  • Year Built: 1895
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: Investment Opportunity! Here is your chance to own this fully leased 3-unit apartment building located in Carlisle Borough across the street from Dickinson College Rector Science Complex. Each tenant pays water, sewer, trash, electric. A total of 2 - 2 bedroom/1 full bath units and 1 - 3 bedroom/1 full bath unit. Off street parking at the building. Owner currently uses the oversized detached garage but this could be future rental income! There is also a shed that is currently leased. Add this to your rental portfolio today!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator
  • Interior Amenities: Carpet
  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 3044
  • Living Area Sq Ft: 3044
  • Price Per Sq Ft: 141.23
  • Above Grade Finished Sq Ft: 3044
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 161

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Exterior Features: Fire Escape
  • Road Surface Type: Black Top
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Gravel Driveway
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Off Street, On Street
  • Off Street Parking Spaces: 5

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s), Ductless/Mini-Split
  • Electric Service: 100 Amp Service
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Wall Unit, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: CARLISLE AREA
  • High School: CARLISLE AREA
  • School District Key: 300200396534
  • School District Source: Listing Agent
  • High School: CARLISLE AREA

Lot Info

  • Lot Features: Corner, Level, Open, Sideyard(s)
  • Lot Size Acres: 0.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Year Assessed: 2024
  • Zoning: RESIDENTIAL 3 FAMILY

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Owner Pays: Common Area Maintenance, Insurance, Taxes - Real Estate
  • Rent Control: No
  • Total Actual Rent: 40260.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 3198.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 4455.00
  • Assessor Parcel Number: 05-20-1798-245
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 10/25/2024

Multi Family

  • Gross Income: 40260.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 4455.00
  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: CARLISLE AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2024
Closed on
Oct 25, 2024
Sold by
Hahn Michael A
Bought by
Pozzuolo Jeffrey S and Pozzuolo Miki
Seller's Agent
Jeanne DeDay
Berkshire Hathaway HomeServices Homesale Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$429,900
Sold Price
$422,000
Premium/Discount to List
-$7,900
-1.84%
Views
4
Current Estimated Value
$442,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,836
Avg. Annual Appreciation
-0.70%
Original Mortgage
$316,500
Outstanding Balance
$314,968
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$104,326

Purchase Details

Closed on
Aug 12, 2019
Sold by
Dan Parson Team Llc
Bought by
Hahn Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,250
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2018
Sold by
Martin Wilkinson Rentals
Bought by
Dan Parson Team Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
4.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 28, 2005
Sold by
Cata Rentals Inc
Bought by
Myers Thomas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
5.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 28, 2004
Sold by
Diehl Roger
Bought by
Cata Rentals Inc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $422,000 None Listed On Document
Warranty Deed $267,000 None Available
Warranty Deed $212,100 Abstract Associates Of Lncst
Warranty Deed $148,500 --
Deed $125,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $316,500 New Conventional
Previous Owner $200,250 New Conventional
Previous Owner $230,000 Unknown
Previous Owner $127,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2024 10/25/24 Sold $422,000 -1.8% $139 / Sq Ft
09/12/2024 09/12/24 Pending -- -- --
09/06/2024 09/06/24 For Sale $429,900 -- $141 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,557 $193,500 $31,100 $162,400
2024 $4,426 $193,500 $31,100 $162,400
2023 $4,224 $193,500 $31,100 $162,400
2022 $4,163 $193,500 $31,100 $162,400
2021 $4,104 $193,500 $31,100 $162,400
2020 $4,017 $193,500 $31,100 $162,400
2019 $3,933 $193,500 $31,100 $162,400
2018 $3,849 $193,500 $31,100 $162,400
2017 $3,773 $193,500 $31,100 $162,400
2016 -- $193,500 $31,100 $162,400
2015 -- $193,500 $31,100 $162,400
2014 -- $193,500 $31,100 $162,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PACB2034630

Bright MLS

APN: 05-20-1798-245