Motivated Seller!
Selling an assignable purchase contract for two beautiful cottages located at 78 W Main St. Adamstown, PA 19501 (includes
a Greenhouse and 2 Carriage Houses)
Details for Yellow Cottage (Firefly)
Beds: 2
Baths: 2
Year Built: 1700s
Firefly AirBNB Link: https://bit.ly/2yAZ9RD
Current rental rate per night: $239!
Details for Green Cottage (Dragonfly)
Beds: 3
Baths: 1.5 (features full bath with Jacuzzi tub and shower)
Year Built: 1700s
Dragonfly AirBNB Link: https://bit.ly/3dpDjzc
Current rental rate per night: $199!
Link to more pictures: https://drive.google.com/drive/folders/1Gp9Pxe23EkpJka_7_whrJLil5lBS8Ag2?usp=sharing
Asking: All goes for ONLY $285k!
Rehab: $0K
2018 Financials
Total income: $37,490
Total expenses: $14,738
Net income: $22,752
2019 Financials
Total income: $26,585
Total expenses: $13,660
Net income: $12,824
2020 Financials (the covid lockdowns greatly impacted the business)
Total income: $$32,554
Total expenses: $23,373
Net income: $9,181
Seller want’s out. No longer able to keep up with the demands of running an Airbnb and Bed&Breakfast business. The package includes 2 cottage houses, 2 carriage houses, and a greenhouse. The cottages are gems! They are the perfect Airbnb vacation and also good for longer term rentals such as for traveling nurses or young professionals. Located about 30 minutes from the city of Lancaster, this property is near shopping outlets, golf courses, and if you enjoy history, not far from different historical sites.
A block down the street, the seller also has a gorgeous Bed and Breakfast available for sale.
Contact us today at 610-595-4111 to schedule a showing .