NOT LISTED FOR SALE

250 S Franklin St Gettysburg, PA 17325

-- Bed
27 Baths
19,825 Sq Ft
-- Built

Last Sold May 01, 2013

Last sale price $851,400 $43 Per Sq Ft

Highlights

  • No HOA
  • Forced Air Heating System
  • Carpet
  • Window Unit Cooling System
  • Baseboard Heating

About This Home

As of May 2013

22 Units in 4 Buildings on 1.38 acres. Great location - approx 2 blocks from Gettysburg Hospital / 3 blocks from center square / 4 blocks from Gettysburg College. Same owner since 1972 - meticuluosly maintained and quality improvements throughout. Good upside potential in increased rents and passing utility expenses through.

Last Agent to Sell the Property

John Birkeland, MMH, CCIM

(717) 487-6764 jbirkeland@rockrealestate.net Rock Commercial Real Estate License #AB067026 Listed on: 05/16/2011

Last Buyer's Agent

Sharon Orth

(717) 880-5582 smorth@comcast.net New Beginnings Realty Services

Property Details

Home Type

  • Multi-Family

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Asphalt Roof

Kitchen

  • Oven
  • Stove
  • Dishwasher

Basement

  • Partial Basement
  • Exterior Basement Entry

Parking

  • 24 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Carpet
  • Washer and Dryer Hookup

Listing and Financial Details

  • The owner pays for insurance, management, advertising/licenses and permits, real estate taxes, repairs
  • Assessor Parcel Number 0116010021800000

Community Details

Overview

  • No Home Owners Association
  • 22 Units

Building Details

  • Income includes apartment rentals
  • Insurance Expense $4,515
  • Maintenance Expense $2,400
  • Trash Expense $2,004
  • Operating Expense $56,901
  • Net Operating Income $85,326

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Exclusions: Personal tools
  • New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Stove, Oven - Single, Dishwasher, Washer/Dryer Hookups Only
  • Flooring Type: Carpet
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Partial, Outside Entrance

Exterior Features

  • Construction Materials: Brick, Block
  • Construction Completed: No
  • Roof: Shingle, Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Spaces Total: 24.00
  • Type Of Parking: Off Street, On Street

Utilities

  • Annual Heating Expense: 3908.00
  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Heating Type: Baseboard, Forced Air, Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Sewer Expenses: 5624.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: GETTYSBURG AREA
  • School District Key: 300200396236

Lot Info

  • Zoning Description: Apt/Office
  • In City Limits: Yes

Rental Info

  • Owner Pays: Insurance, Management, Advertising/Licenses And Permits, Taxes - Real Estate, Repairs
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11215175
  • School Tax: 2993.00
  • Assessor Parcel Number: 0116010021800000
  • County Tax Payment Frequency: Annually
  • Close Date: 05/01/2013

Multi Family

  • Gross Income: 142227.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 56901.00
  • Other Units: Unit 1

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
05/01/2013 05/01/13 Sold $851,400 -14.0% $43 / Sq Ft
02/25/2013 02/25/13 Pending -- -- --
05/16/2011 05/16/11 For Sale $990,000 -- $50 / Sq Ft
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: 1002740535

Bright MLS