NOT LISTED FOR SALE

214 Chambersburg St Gettysburg, PA 17325

-- Bed
-- Bath
3,750 Sq Ft
5,227 Sq Ft Lot

Last Sold May 16, 2024

Last sale price $408,200 $109 Per Sq Ft

33 Days on Market

Highlights

  • Traditional Architecture
  • Downtown Location
  • Hot Water Baseboard Heater
  • 2 Car Detached Garage

About This Home

As of May 2024

RENTAL PROPERTY LOCATED IN HEART OF GETTYSBURG. 4 Units fully rented with a large first floor unit featuring 3 BRs, 2 1/2 baths, two 2nd floor units with 2 BRs, and one 2nd floor one bedroom unit. This property includes a yard and garage in rear. Long-term tenants. First floor unit updated in last few years and common areas painted recently.

Last Agent to Sell the Property

Pam Bowers

Mountain Realty ERA Powered License #5009070 Listed on: 03/01/2024

Last Buyer's Agent

KELLY LAWVER

Mountain Realty ERA Powered License #RS365845

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,034

Year Built

  • Built in 1950

Lot Details

  • 5,227 Sq Ft Lot
  • Downtown Location
  • Property is in average condition

Parking

  • 2 Car Detached Garage
  • Rear-Facing Garage

Home Design

  • Traditional Architecture
  • Block Foundation
  • Stone Foundation
  • Shingle Roof
  • Rubber Roof
  • Aluminum Siding

Interior Spaces

  • 3,750 Sq Ft Home
  • Partial Basement

Utilities

  • Hot Water Baseboard Heater
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for accounting/legal, advertising/licenses and permits, common area maintenance, gas, heater maintenance contract, insurance, lawn/shrub care, management, repairs, snow removal, real estate taxes
  • Tax Lot 0265
  • Assessor Parcel Number 16007-0265---000

Community Details

Overview

  • 4 Units
  • 3-Story Building

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,400
  • Maintenance Expense $2,337
  • Manager Expense $3,272
  • Other Expense $3,000
  • Operating Expense $14,094
  • Gross Income $47,940
  • Net Operating Income $32,648

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,034

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Tenants' personal property and/or appliances.
  • Inclusions: 3 Oven/Stoves, 3 Refrigerators, 1 Dishwasher, 1 washer, 1 dryer
  • New Construction: No
  • Other Expense: 3000.00
  • Expected On Market: 2024-03-01
  • Year Built: 1950
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: RENTAL PROPERTY LOCATED IN HEART OF GETTYSBURG. 4 Units fully rented with a large first floor unit featuring 3 BRs, 2 1/2 baths, two 2nd floor units with 2 BRs, and one 2nd floor one bedroom unit. This property includes a yard and garage in rear. Long-term tenants. First floor unit updated in last few years and common areas painted recently.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Stone, Block
  • Basement: Yes
  • Basement Type: Partial
  • Total Sq Ft: 3750
  • Living Area Sq Ft: 3750
  • Price Per Sq Ft: 114.64
  • Above Grade Finished Sq Ft: 3750
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 214

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Roof: Shingle, Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Professional Management Expense: 3272.00
  • Association Recreation Fee: No

Schools

  • School District: GETTYSBURG AREA
  • School District Key: 300200396236
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 201
  • Lot Size Acres: 0.12
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5227.00
  • Property Condition: Average
  • Year Assessed: 2024
  • Zoning: R2/HISTORCOVERLAY/STREET
  • Zoning Description: R2/Histric Overlay/Streetscape Enhancement Overlay District

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 4
  • Owner Pays: Accounting/Legal, Advertising/Licenses And Permits, Common Area Maintenance, Gas, Heater Maintenance Contract, Insurance, Lawn/Shrub Care, Management, Repairs, Snow Removal, Taxes - Real Estate
  • Total Actual Rent: 47940.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • School Tax: 2229.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 4034.00
  • Assessor Parcel Number: 16007-0265---000
  • Tax Lot: 0265
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 05/16/2024

Multi Family

  • Gross Income: 47940.00
  • Gross Scheduled Income: 47940.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 14094.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3
  • Vacancy Allowance Rate: 2.50

MLS Schools

  • School District Name: GETTYSBURG AREA

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2024 05/16/24 Sold $408,200 -5.0% $109 / Sq Ft
03/01/2024 03/01/24 For Sale $429,900 +120.5% $115 / Sq Ft
09/25/2020 09/25/20 Sold $195,000 -7.1% $54 / Sq Ft
09/10/2020 09/10/20 For Sale $210,000 -- $58 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAAD2012114

Bright MLS