Welcome to The All American Federalist Style Main Street home! Rentals allowed OR convert to your single family home. Currently, the rooms are rented. All licenses in place. This Classic Colonial offers 3 finished levels with 6 bedrooms, 4.5 bathrooms. Hardwood flooring, carpet and upgrades. Main level enter foyer, on right of foyer is Catoctin Suite. Left of foyer is front living & dining room that walks through to large country kitchen. Attached to kitchen is laundry room and half bathroom. 2 upstairs levels feature additional bedrooms and bathrooms. 2nd Floor En-Suite Bedroom over Kitchen features new updates including: new electric panel $2100, new heater plug in bathroom, New wall-to-wall carpet $800, new floor in bathroom and refinishing of shower $600 - all as of 2022. Upper level rear porches allow views of scenic vista beyond the backyard. Private parking area for five vehicles in back with walkway through pretty, well-manicured yard to entrance of home. Property includes a separate "Carriage House" is finished with drywall and electric (no separate bathroom). Ground level side-room, and upper rear room with private balcony can be used for private short term rentals with zoning compatibility). Close to Mount St Mary's University, The National Shrine Grotto, Route 15 and Pennsylvania line.
Turn-key furnished. Property is sold with all interior and exterior furniture, window treatments, beds, sheets, blankets, pillows, towels, kitchen table, dishes, silverware, pots, pans, rugs, art, couches, tables, lamps, chairs, clothes washer, clothes dryer, rakes, trimmer, lawn mower, wheelbarrow, ladders, benches, fire pit, outdoor tables and chairs, etc. To replace would cost at least $10,000. (Excludes: dining room suite, personal balcony effects, 3rd floor furniture belonging to tenant table, TV dresser.) Unfurnished is an option! Make this your spacious home -or- purchase as an investment. Investor options include living in one unit as an on-site manager -or- a hands off investor has ability to have an on-site manager as tenant - or- self-entry guest stays no management on site. Property to have full occupancy as of 6/1/23. There is no HOA.
RENTAL INCOME SUMMARY SHEET: $775 1st floor efficiency. $600 3rd floor. $600 Master bedroom with son Dan - could be $650-700 to someone else. $560 New tenant just moved into 2nd floor front room to right of Bathroom. $300-600 mo 2nd floor Air B&B income varies. Average $500 sue b&b per mo.
$3045 per mo Second Floor En-Suite Bedroom above Kitchen has new wall-to-wall carpet, two small closets, private bathroom. It is being offered to rent at a rate of $725-750 month. At $725 per month, occupancy adds annual amount of $3,760.
The Cottage is currently used for storage. This one Room detached structure provides a quaint private space. Note, there is no en-suite bath. Access to kitchen half-bath easily offers rental possibility as an office space. Monthly rate of $500 potential income. per month potential income
$45,000 + cottage potential $6,000 year = $51,000 potential income per year