101 E Baltimore St Greencastle, PA $ 685,000
101 E Baltimore St
$ 685,000
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101 E Baltimore St

Greencastle, PA, 17225
$ 685,000
Bedrooms4 Baths0.0

Monthly Estimate*

$ 4,325

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Multi-Family Home for sale in Greencastle, PA

for $685,000 with 4 bedrooms. This home was built in 1890 on a lot size of 0.11.

Own a remarkable piece of Greencastle history with the iconic Gilland Guest House, located at 101 E. Baltimore Street. Built around the turn of the 20th century by Dr. Gilland as both his medical practice and family residence, this stunning Victorian property offers a rare investment opportunity filled with quality craftsmanship and immediate, proven income potential. Unlike many converted homes, this property was originally designed to accommodate multiple living spaces and currently features four one-bedroom apartments, with the potential to create a fifth unit on the third level. Each apartment has been thoughtfully updated to preserve the building's historic charm while providing the modern conveniences today's tenants desire, including in-unit laundry facilities and off street parking. Timeless architectural details are found throughout, including beautifully preserved hardwood floors, intricate Victorian woodwork and moldings, reglazed tile, and original hand-crafted oak shutters that adorn every window. The attention to detail and quality of construction are a testament to a bygone era rarely found in today's properties. Situated in the heart of downtown Greencastle, this property offers strong rental appeal with walkable access to local shops, restaurants, and community amenities. Conveniently located less than two miles from Interstate 81, residents have easy commuting access north and south, with Frederick, MD and Carlisle, PA both approximately 44 miles away. Whether you're looking to expand your investment portfolio or own a truly distinctive historic property with reliable cash flow, the Gilland Guest House presents a rare opportunity to own one of Greencastle's most treasured landmarks.

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Multi-Family Active

Price

$ 685,000

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 4,968

Style

Victorian

Lot Size

0.11

Year Built

1890

Town/City

Greencastle

County/Region

Franklin

MLS | Web ID

PAFL2035670

Features
General
Living Area 0
Sewer Public Sewer
Heating Hot Water
Cooling Ductless/Mini-Split
Possession Negotiable
Zoning CC
Architectural Style Victorian
Security Features Main Entrance Lock Motion Detectors Smoke Detector
Construction Materials Brick
School District GREENCASTLE-ANTRIM
Exclusions Internet modem in unit #1 personal items.
Year Built 1890
Property Subtype Quadruplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality GREENCASTLE BORO
Gross Income 54240.00
Accessibility None
County FRANKLIN
Net Operating Income 18833.00
Operating Expense 18833.00
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions From route 81 to exit 5 (PA-16/Waynesboro-Greencastle). Turn onto PA-16W continue for about 1.5 miles. Property is on left on the corner of Washington St and Baltimore St.
City GREENCASTLE
Disclosures Lead Based Paint - State Prop Disclosure
Number Of Units Total 4
MLS Area Greencastle Boro (14508)
Lot Size Units Square Feet
Lot Size Square Feet 4792.00
Number of Units Leased 4
Tax Annual Amount 4968.0
Home Warranty Y/N N
Property Condition Very Good
Two Bedroom 0
Structure Type Detached
Acceptable Financing Cash Conventional Negotiable
Rent Control Y/N N
Vacation Rental Y/N N
Lease Type Yearly Long Term Month to Month
Standard Status Active
Year Built Source Estimated
Total Actual Rent 54240.00
Cap Rate 7.50
Association Recreation Fee N
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Interior
Heating Fuel Oil
Basement Unfinished
Flooring Hardwood
Hot Water Electric
Furnished Units Some
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Parking Features Paved Parking Unassigned
Water Source Public
Type of Parking Off Street
Foundation Details Stone Other
Spa N
Water View Y/N N
Lot Size Acres 0.11
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 1200.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 101
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* Excluded Features
List By
Samson Properties

Broker

pbeidel013@gmail.com

Email

Affordability Calculator

$4,739
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,325
Monthly Property Taxes
$414
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3476964 Elementary School
4305927 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/24/2026$685,000 Listed Price

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101 E Baltimore St, Greencastle, PA, 17225 is a Multi-Family Home for sale at $685,000 with a lot size of 0.11. 101 E Baltimore St has 4 bedrooms, 0.0 baths, and was built in 1890. The property's zip code is 17225 which is in Greencastle, PA