Discover the potential of this charming 1950s brick Colonial-style multifamily property! Featuring 2 spacious units, EACH offering 2 bedrooms, 1 bath, and timeless hardwood floors, this property exudes character and timeless appeal for cozy living! While a little paint and TLC could make it truly shine, the brand-NEW ROOF (December 2024) ensures your investment is protected for years to come. Appliances are as is and as seen. Photos are for the 452 side only. Whether you’re looking to expand your portfolio or create a home with rental income, this gem is a fantastic opportunity. Don’t miss your chance to see what this property can do for you!
Great investment opportunity! 3 Units- ALL OCCUPIED. Total 4 beds and 3 baths. 2 long term tenants. Upstairs unit is freshly renovated with 2 bedroom, 1 bath, living room and kitchen. Back unit downstairs has 1 bed, 1 bath, LR, kitchen and basement access with washer/dryer. Middle unit is an efficiency apartment with 1 bath. Upstairs is rented for $1300 Downstairs is rented for $650 and $700
6 Unit apartment Building. 3 - one bedroom, 2 - two bedroom and 1 studio apartment. Off street parking. Separated utilities.
Stately Brick 3 Unit Featuring a 3 bedroom, 2 bedroom, and a 1 bedroom. Monthly income is $3,475 with a gross annual income of $41,700. Utilities are separated, and paid by tenant. Great investment! over an 8% cap rate. Building features natural gas, 200 amp service & off street parking.
The median home value in Hanover, PA is $310,000. 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 Hanover, PA is $310,000. Approximately 50.9% of Hanover homes are owned, compared to 39.84% rented, while 9.26% are vacant. Hanover 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 Hanover real estate agent to arrange a tour today!
Hanover, Pennsylvania has a population of 16,291. Hanover is less family-centric than the surrounding county with 21.61% of the households containing married families with children. The county average for households married with children is 29.57%.
The median household income in Hanover, Pennsylvania is $56,277. 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 Hanover is 41.3 years.
The average high temperature in July is 85.9 degrees, with an average low temperature in January of 19.8 degrees. The average rainfall is approximately 41.8 inches per year, with 25.7 inches of snow per year.