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    204 Carlisle Street

    GETTYSBURG, PA 17325
    • $679,000
    • STATUS: Pending
    • ON SITE: 21 days
    • ID#: PAAD2000318
    Pending
    UPDATED: 28 min ago
    $679,000
    • 12
      BEDS
    • 0.19
      ACRES
    • 5
      BATHS
    • 1
      1/2 BATHS
    • 4,639
      SQFT
    • $146
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1880
    County:

    School Ratings & Info

    School District:

    Description

    Fabulous Business Opportunity in Historic Downtown Gettysburg, PA, immediately adjacent to Gettysburg College and currently rented to Gettysburg College seniors. Other uses such as B&B, Multi Family Unit, & VRBO are worth consideration! 4,639 Sq. Ft., 3-story frame Queen Anne Victorian built in 1880, lovingly maintained, is known to the college community as "The Red House". This property has been in continual use as student housing since before 1970. As a highly sought after college icon, the Red House has been fully occupied and rented to college students since 2005. It boasts 12 generously sized bedrooms, 1st floor storage room/13th bedroom, 5 1/2 bathrooms, 2 kitchens. 1st floor has 10 ft. ceilings; 2nd floor 9 ft. ceilings. There is expansive front covered sitting porch, backyard patio, 8 off-street parking spaces (including 3 spaces in the detached garage, lower level mechanical room with a 10 year young steam boiler and two 75 gallon water heaters, & laundry (2 washers & 2 dryers); 400 AMP service, rewired electric, new plumbing provide up to date systems. A 3rd floor unfinished attic storage room, spacious gathering areas, and a rear fire escape that services the 2nd & 3rd floors provide safety in excess of borough requirements.. Each bedroom is furnished with a bed, dresser, desk. All bedrooms and common areas have window air conditioners. Furnishings in the living room, dining room & kitchen areas included. Many rooms have additional furniture. All items in the house currently will convey with the sale. Rental guidelines set by landlord are as follows: 2 leases required for the building (Lease #1-1st floor; Lease #2- 2nd/3rd floor combined), minimum of 13 but maximum of 15 person occupancy, student GPA requirements set forth by the Gettysburg College lottery system. Property is always rented for the entire academic year (2 semesters). A utility allowance (set by landlord) is included in the rent. Any utility overages are prorated and deducted from security deposits ($750 per student) which are generally collected 1.5 years in advance of student occupancy. Tenants pay cable tv/internet. Requested rent for the 2021/2022 school year is $9,300 per student ($111,600) for 12 bedrooms, $8,800 for 13th bedroom, totaling $120,400 in rental income. CLA regarding possible adjustments to 2021/2022 student rental due to COVID-19 and Gettysburg College housing lottery changes. Estimated annual expenses; $2,500 cleaning, $9,400 utilities, $5,500 insurances, $11,000 repairs & maintenance. One of a kind opportunity. Come See!

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Paul Hayes Group | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-07-23T23:54:47.757.
    www.pahomesandland.com/homes/118940488
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    204 Carlisle Street GETTYSBURG, PA 17325

    • Price: $679,000
    • Status: Pending
    • Updated: 28 min ago
    • ID#: PAAD2000318
    12
    Beds
    5
    Baths
    1
    ½ Baths
    0.19
    Acres
    4,639
    SQFT
    $146
    $/SQFT
    1880
    Built
    Neighborhood:
    Gettysburg College
    County:
    Adams
    Area:
    Gettysburg Boro (14316)
    School District:
    Gettysburg Area
    Property Description
    Fabulous Business Opportunity in Historic Downtown Gettysburg, PA, immediately adjacent to Gettysburg College and currently rented to Gettysburg College seniors. Other uses such as B&B, Multi Family Unit, & VRBO are worth consideration! 4,639 Sq. Ft., 3-story frame Queen Anne Victorian built in 1880, lovingly maintained, is known to the college community as "The Red House". This property has been in continual use as student housing since before 1970. As a highly sought after college icon, the Red House has been fully occupied and rented to college students since 2005. It boasts 12 generously sized bedrooms, 1st floor storage room/13th bedroom, 5 1/2 bathrooms, 2 kitchens. 1st floor has 10 ft. ceilings; 2nd floor 9 ft. ceilings. There is expansive front covered sitting porch, backyard patio, 8 off-street parking spaces (including 3 spaces in the detached garage, lower level mechanical room with a 10 year young steam boiler and two 75 gallon water heaters, & laundry (2 washers & 2 dryers); 400 AMP service, rewired electric, new plumbing provide up to date systems. A 3rd floor unfinished attic storage room, spacious gathering areas, and a rear fire escape that services the 2nd & 3rd floors provide safety in excess of borough requirements.. Each bedroom is furnished with a bed, dresser, desk. All bedrooms and common areas have window air conditioners. Furnishings in the living room, dining room & kitchen areas included. Many rooms have additional furniture. All items in the house currently will convey with the sale. Rental guidelines set by landlord are as follows: 2 leases required for the building (Lease #1-1st floor; Lease #2- 2nd/3rd floor combined), minimum of 13 but maximum of 15 person occupancy, student GPA requirements set forth by the Gettysburg College lottery system. Property is always rented for the entire academic year (2 semesters). A utility allowance (set by landlord) is included in the rent. Any utility overages are prorated and deducted from security deposits ($750 per student) which are generally collected 1.5 years in advance of student occupancy. Tenants pay cable tv/internet. Requested rent for the 2021/2022 school year is $9,300 per student ($111,600) for 12 bedrooms, $8,800 for 13th bedroom, totaling $120,400 in rental income. CLA regarding possible adjustments to 2021/2022 student rental due to COVID-19 and Gettysburg College housing lottery changes. Estimated annual expenses; $2,500 cleaning, $9,400 utilities, $5,500 insurances, $11,000 repairs & maintenance. One of a kind opportunity. Come See!
    Exterior Features

    Architectural Style Victorian Construction Materials Frame Exterior Features Fire Escape Garage Spaces 3.00 Garage Type Garage - Rear Entry Garage YN Yes Location Type Downtown Other Structures Above GradeBelow Grade Parking Features Crushed StonePrivate Parking Types Off StreetDetached Garage Patio And Porch Features Patio(S)Porch(Es) Pool No Pool Riparian Rights YN No Roof SlateRubber Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 4639 Above Grade Unfinished Area 0 Basement UnfinishedSump Pump Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 1000 Cooling Window Unit(S) Fireplace YN No Fireplaces Total 0 Furnished Yes Heating Steam Heating YN Yes Inclusions All Personal Property in The House At This Time including Kitchen & Laundry Appliances Convey With The House At The Time Of The Sale. Laundry Type BasementHas Laundry Levels 3 Main Level Bedrooms 3 Room List Living RoomDining RoomBedroom 2Bedroom 3Bedroom 4Bedroom 5KitchenFoyerBedroom 1Storage RoomBedroom 6Full BathHalf BathAdditional Bedroom Upper Level1 Bedrooms 7

    Property Features

    Accessibility Features None Assessment Year 2021 Association YN No Central Air YN No Condo YN No Cooling Fuel Electric Electric 200+ Amp Service Electric Average Monthly 154 Electric Last12 Months 1848.00 Federal Flood Zone YN No Heating Fuel Natural Gas Hot Water ElectricNatural Gas Municipality Gettysburg Boro Navigable Water YN N New Construction YN No Original MLSNumber 800818544680 Ownership Interest Fee Simple Possession Settlement Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 9488.00 Tax Assessment Amount 477600.00 Vacation Rental YN No Water Source Public Zoning Residential Office Zoning Description Ro - Residential OfficeHistoric DistrictStreetscape Enhancement Overlay

    Listing courtesy of Re/Max Of Gettysburg.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Paul Hayes Group | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-07-23T23:54:47.757.
     
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    The Paul Hayes Group | eXp Realty
    126 W Harrisburg St.
    Dillsburg PA, 17019