Six unit townhome property located in Dover, PA. Property is located directly across the street from Lehr Park / Dover Area Community Center which features a playground, library, walking/ fit trail, and ball fields. Minutes from Walmart and the West Manchester Shopping Center. Each of the six townhomes features two bedrooms, one bathroom, and a basement with washer and dryer hookups, making them highly functional and desirable for residents. All units come with private decks, offering outdoor space. The property underwent a complete rehab in 2021, which included modernized kitchen cabinets, sinks, appliances, flooring, and paint, along with updated bathrooms featuring new vanities, mirrors, and fixtures. Additionally, the parking lot was blacktopped in 2021, adding convenience and appeal for residents. All utilities are public. The net operating income (NOI) is $78,223 (Assuming a 7% management fee and using actual profit / loss numbers from 12/1/23 to 11/30/24.). Being sold at a 7% cap rate. Tenants pay for all their utilities (water, sewer, trash, electric). Water / Sewer / Trash bills are sent to the landlord, the landlord then bills back the tenants. Additionally, this property shares a parking lot with another six-unit townhome complex, which is not owned by the same seller. Should that neighboring property become available in the future, it presents a potential opportunity to expand your portfolio with an additional six units. Don’t miss the chance to make it yours!
PROPERTY OVERVIEW: Development opportunity o 5.54 acres located in Dover, PA. Located in the commercial district, neighbors include, Giant, WellSpan, Stauers o Kissel Hill, Giant, Subway, Turkey hill and Thorton Auto Dealership. Minutes rom Route 30 (over 50,000 VPD) and Carlisle Road (over 21,000 VPD). Great location o a restaurant, medical, banks and professional office. PROPERTY HIGHLIGHTS: - Great development site or retail user - Zoned commercial district - Located on the highly traveled Carlisle Road - Minutes rom Route 30 - Mix o neighborhood and retail - Public utilities available at site
Great retail redevelopment opportunity located on the highly traveled Carlisle Road (Route 74), minutes from Route 30 in Dover, PA. Available site offers great frontage and visibility for new owner or user. Join existing retailers, McDonald's, CVS, Walgreens, Royal Farms, Starbucks, Auto Zone and many more. Property Highlights: - Retail redevelopment opportunity - High visibility - Potential pad site - Retail and residential neighbors - Carlisle Road Average Traffic Count: 21,487 VPD - both directions - Can be combined with neighboring property
The median home value in Dover, PA is $285,000. This is higher than the county median home value of $248,600. The national median home value is $338,100. The average price of homes sold in Dover, PA is $285,000. Approximately 66.17% of Dover homes are owned, compared to 28.18% rented, while 5.66% are vacant. Dover real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Dover real estate agent to arrange a tour today!
Dover, Pennsylvania has a population of 2,159. Dover is more family-centric than the surrounding county with 33.74% of the households containing married families with children. The county average for households married with children is 29.57%.
The median household income in Dover, Pennsylvania is $75,750. The median household income for the surrounding county is $72,543 compared to the national median of $69,021. The median age of people living in Dover is 36.8 years.
The average high temperature in July is 85.7 degrees, with an average low temperature in January of 21.8 degrees. The average rainfall is approximately 42 inches per year, with 23.2 inches of snow per year.