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404 Broadway

HANOVER, PA 17331
  • $275,000
  • STATUS: Active
  • ON SITE: 17 Days
  • ID#: PAYK2048840
UPDATED: 229 min ago
$275,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1930
County:

School Ratings & Info

School District:

Description

Incredible Investment Opportunity in Hanover, PA!6-Room Boarding House with Outstanding Cap Rate and Cash-on-Cash Return over 12%!Welcome to this promising property in Hanover, Pennsylvania, offering savvy investors an exceptional opportunity. This 6 bedroom, 4 bathroom boarding house boasts an impressive cap rate and cash-on-cash return, both exceeding 12%, making it an enticing prospect for those seeking high returns.While the property may require some improvement, its potential for substantial financial gains cannot be overlooked. With an affordable entry point, you have the flexibility to customize upgrades to enhance its appeal and rental income, thereby boosting your returns over time.Situated in a location with consistent demand for affordable housing, this property offers diversified income streams and the potential for long-term growth as Hanover, PA, continues to prosper economically.Don't miss out on this unique investment offering. Seize the opportunity to shape this property to your vision and capitalize on the strong rental market in Hanover, PA.

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Joy Daniels Real Estate Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-10-04T11:54:43.957.
www.centralpahomehunter.com/homes/143463756
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404 Broadway HANOVER, PA 17331

  • Price: $275,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 229 min ago
  • ID#: PAYK2048840
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1930
Built
Neighborhood:
Hanover Boro
County:
York
Area:
Hanover Boro (15267)
School District:
Hanover Public
Property Description
Incredible Investment Opportunity in Hanover, PA!6-Room Boarding House with Outstanding Cap Rate and Cash-on-Cash Return over 12%!Welcome to this promising property in Hanover, Pennsylvania, offering savvy investors an exceptional opportunity. This 6 bedroom, 4 bathroom boarding house boasts an impressive cap rate and cash-on-cash return, both exceeding 12%, making it an enticing prospect for those seeking high returns.While the property may require some improvement, its potential for substantial financial gains cannot be overlooked. With an affordable entry point, you have the flexibility to customize upgrades to enhance its appeal and rental income, thereby boosting your returns over time.Situated in a location with consistent demand for affordable housing, this property offers diversified income streams and the potential for long-term growth as Hanover, PA, continues to prosper economically.Don't miss out on this unique investment offering. Seize the opportunity to shape this property to your vision and capitalize on the strong rental market in Hanover, PA.
Exterior Features

Construction Materials Brick Garage YN No Parking Features FencedPrivate Parking Types Parking Lot Property Condition Good Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 1500.00 Cooling Central A/C Exclusions Tenants Personal items Heating 90% Forced Air Heating YN Yes Net Square Feet 1500.00 Security Features Carbon Monoxide Detector(S)Smoke Detector

Property Features

Acceptable Financing CashConventionalBank Portfolio Accessibility Features 2+ Access Exits Assessment Year 2023 Business Type Hotel/MotelMedicalApartment Building Central Air YN Yes Cooling Fuel Electric Foundation Details StonePermanent Heating Fuel Natural Gas Hot Water Natural Gas Municipality Hanover Boro Navigable Water YN N New Construction YN No Number Of Units Total 4 Original MLSNumber 802616393252 Ownership Interest Fee Simple Possession Settlement Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 3223.00 Tax Assessment Amount 90510.00 Tax Lot 0145 Vacation Rental YN No Water Source Public Zoning Rooming House Zoning Description Rooming House Grandfathered in As Per Hanover Boro

Listing courtesy of Exp Realty, Llc: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Joy Daniels Real Estate Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-10-04T11:54:43.957.
 
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The Joy Daniels Real Estate Group
2793 Old Post Road
Harrisburg PA, 17110