Bought with Lucille Peterman • RE/MAX Patriots
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Key Details
Sold Price $280,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,906 sqft
Price per Sqft $146
MLS Listing ID PAYK2078802
Sold Date 06/20/25
Style Colonial
Abv Grd Liv Area 1,906
Year Built 1916
Available Date 2025-04-18
Annual Tax Amount $4,307
Tax Year 2024
Lot Size 4,500 Sqft
Acres 0.1
Property Sub-Type Detached
Source BRIGHT
Property Description
**Back on market due to no fault of its own**
Looking for your next investment to build equity, build up depreciation for taxes AND has a value add opportunity? Welcome to Hanover PA where you'll find a brick duplex with a large, 2 story garage generated $2,500 per month of rental income and room to grow!
This stunning investment is nestled within the South Western School District. Built in 1916, the colonial-style brick property boasts over 1,900 square feet of living space, making it an attractive opportunity for investors seeking a stellar addition to their portfolio.
Property Features:
This offers a functional layout with added character. Featuring 3 bedrooms and 1 bath for the top unit and 2 bedrooms, 1 bath for the bottom unit, it provides ample space for anyone living in each unit. The oversized detached garage provides space for 4 vehicles and the additional parking lot adds significant value. The garage has separately metered electric and the upstairs is finished. Whether you're looking for personal use or rental income potential, this space fits the bill.
The architectural integrity of the colonial style is well-preserved, making a strong impression with its classic brick exterior. This home offers not only an ideal living solution but also a stable income-producing asset. Each unit has been designed to maximize space and functionality, appealing to long-term tenants or owner-occupants.
Location Benefits:
Conveniently located near major thoroughfares such as PA94 and PA116, with a quick drive to Gettysburg, York, Carlisle and easy access to Maryland, commuting and accessibility are hassle-free. The property is in close proximity to Hanover Shoe Farms Fairgrounds, offering a variety of local community events and activities. Moreover, its placement near the vibrant heart of Hanover brings a plethora of dining and recreational opportunities to your doorstep, making it a desirable spot for renters and homebuyers alike.
Hanover's diverse and dynamic scene ensures that there's always something to do, making this property not just a place to live but a key to experiencing a flourishing community. This strategic location is appealing to potential tenants who value both the serenity of suburban life and the convenience of urban amenities.
Ideal Investment Opportunity:
This property serves as an ideal investment. Whether you plan to rent all units or supplement your income while living in one, the distinct appeal of this home is hard to overlook. It stands out in the market due to its size, location, and adaptability to various investment strategies.
By investing here, you tap into a thriving rental market in a highly sought-after area. The robust local economy and friendly community atmosphere enhance the value proposition, ensuring sustainable cash flow and asset appreciation over time. Properties like this rarely stay on the market long, schedule a showing today!
Location
State PA
County York
Area Penn Twp (15244)
Zoning RESIDENTIAL
Rooms
Basement Full
Interior
Interior Features Attic, Entry Level Bedroom, Floor Plan - Traditional
Hot Water Electric
Heating Hot Water
Cooling Window Unit(s)
Fireplace N
Heat Source Natural Gas
Exterior
Parking Features Garage - Rear Entry, Oversized, Additional Storage Area
Garage Spaces 7.0
Water Access N
Roof Type Shingle
Accessibility None
Total Parking Spaces 7
Garage Y
Building
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
Structure Type Dry Wall
New Construction N
Schools
School District South Western
Others
Tax ID 44-000-03-0210-00-00000
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Standard
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William Mercogliano III
Broker Associate | License ID: 0893537
Broker Associate License ID: 0893537
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