2540 FALLING SPRING RD Active Save Request In-Person Tour Request Virtual Tour
Chambersburg,PA 17202
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 6,500 sqft
Price per Sqft $122
Subdivision Chambersburg
MLS Listing ID PAFL2020816
Style Other,Cabin/Lodge
Bedrooms 11
Full Baths 6
HOA Y/N N
Abv Grd Liv Area 6,500
Originating Board BRIGHT
Year Built 1985
Annual Tax Amount $11,182
Tax Year 2022
Lot Size 4.360 Acres
Acres 4.36
Property Description
Welcome to the Falling Spring Bed and Breakfast Lodging House, a unique property that offers the perspective owner a great opportunity for substantial, additional income! Seller financing will be considered for qualified buyers. Well known in the area, Falling Spring once hosted former Presidents Jimmy Carter and Bill Clinton, who visited the area to fly fish on the spring bearing the same name. Lovingly maintained and renovated by its current owner since he acquired it in 2017, the main building boasts numerous improvements including new luxury vinyl plank flooring throughout, electrical wiring updated to meet L&I Code, all new plumbing, new light fixtures, updated bathrooms, two new A/C systems, and two new heat pumps. An on-site manager, who is responsible for cleaning and serving a continental breakfast daily, is willing to stay on with the new owner. The building also has 11 rentable rooms (one currently occupied by the manager), a pair of coin-operated laundry machines, and offers the potential for over $100,000 in net annual income assuming full occupancy. Want more space? There is a Cape Cod style storage building on the property, that could easily be finished, as well as a large garage building featuring an office area, a half bath, three new doors, and a new breaker box. Big enough to accomodate several large vehicles or a car collection, this garage could easily be leased out to provide even more rental income. Thinking of hosting events? The large parking lot, which runs parallel to Park Terrace Drive, provides more than 40 spaces to acoomodate your guests! Also, the blacktopped area to the right of the rear courtyard provides an ideal space for a tent to host outdoor events in the spring and summer months. Don't miss out on this great business opportunity! Bring offers to this motivated seller!
Location
State PA
County Franklin
Area Guilford Twp (14510)
Zoning RESIDENTIAL
Rooms
Other Rooms Dining Room,Bedroom 2,Bedroom 3,Bedroom 4,Bedroom 5,Kitchen,Bedroom 1,Great Room,In-Law/auPair/Suite,Storage Room,Utility Room,Bedroom 6,Bathroom 1,Bathroom 2,Bathroom 3,Full Bath
Basement Outside Entrance,Combination
Main Level Bedrooms 5
Interior
Interior Features Attic,Breakfast Area,Dining Area,Kitchen - Country,Exposed Beams
Hot Water Electric,Instant Hot Water,Natural Gas
Heating Forced Air
Cooling Central A/C
Flooring Luxury Vinyl Plank
Fireplaces Number 1
Fireplaces Type Non-Functioning
Inclusions One set of coin operated laundry machines, five refrigerators, three microwaves, and one stand-alone freezer.
Fireplace Y
Heat Source Natural Gas
Laundry Main Floor,Common
Exterior
Exterior Feature Patio(s),Deck(s),Balcony
Garage Garage Door Opener,Additional Storage Area
Garage Spaces 66.0
Waterfront N
Water Access N
View Creek/Stream,Panoramic,Scenic Vista,Trees/Woods
Roof Type Metal
Accessibility Ramp - Main Level,Level Entry - Main
Porch Patio(s),Deck(s),Balcony
Parking Type Driveway,Detached Garage,Off Street,Parking Lot
Total Parking Spaces 66
Garage Y
Building
Lot Description Irregular,Stream/Creek,Partly Wooded
Story 2
Sewer Public Sewer
Water Public
Architectural Style Other,Cabin/Lodge
Level or Stories 2
Additional Building Above Grade
New Construction N
Schools
Middle Schools Faust Junior High School
High Schools Chambersburg Area Senior
School District Chambersburg Area
Others
Senior Community No
Tax ID 10-D09-69
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Bank Portfolio,Cash,Seller Financing,Lease Purchase
Listing Terms Bank Portfolio,Cash,Seller Financing,Lease Purchase
Financing Bank Portfolio,Cash,Seller Financing,Lease Purchase
Special Listing Condition Standard