Beds6
Baths1Full31/2
Sq.Ft.1,496
Year1930
Jay Day and The Day Home Team
(866) 702-9038
For information about this home for sale 404 Broadway in Hanover PA 17331 with MLS# PAYK2048834. Located in Hanover Boro in York. View larger photos, pricing, information and more,
Status:
Pending
Property Type:Detached
MLS #:PAYK2048834
Sq. Feet:1,496
On Site:87 Days
Lot Size:0.07 Acres
County:York
Listing Office
Office:Exp Realty, LLC
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.
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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Detailed Maps
Community Information
Address:404 Broadway, Hanover, PA 17331
Area:Hanover Boro (15267)
County:York
City:Hanover
School District:Hanover Public
Subdivision:Hanover Boro
Zip Code:17331
Neighborhood:HANOVER BORO
Architecture
Bedrooms:
6
Bathrooms:
1 Full / 3 Half
Year Built:1930
Stories:2.5
Style:Colonial
Construction: Brick
Foundation: Stone, Permanent
Basement Type: Full
Features / Amenities
Main Level Bedrooms: 3
Security System: Carbon Monoxide Detector(s), Smoke Detector
Sub Structure Types: Above Grade, Below Grade
Cooling: Central A/C
Cooling Fuel: Electric
Heating: 90% Forced Air
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Square Footage
| Finished Sq. Ft. | |
| Above Grade | 1496 |
| Below Grade | 0 |
| Total | 1496 |
Property Features
Lot Size:
0.07 Acres
Parking: Crushed Stone, Fenced, Private
Parking Types: Off Street, Parking Lot
Sewer: Public Sewer
Water: Public
Municipality: HANOVER BORO
Zoning:ROOMING HOUSE
Directions:From traffic circle in Spring Grove-exit onto W Hanover St, slight right to stay on Old Hanover Rd, turn left onto Abbottstown Pike/Broadway, in 1.5 mi you'll arrive
Tax and Financial Info
Total Taxes: $3,223 (paid Annually)
Tax Year: 2022
School Tax: $2,087
Ownership Type: Fee Simple
Homeowners' Assoc.: No
City Tax Rate: $551.00 (Annually)
County Tax Rate: $624.00 (Annually)
Acceptable Financing: Cash, Conventional, Bank Portfolio
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404 Broadway Hanover, PA 17331
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Listing Information Last Updated 12/11/2023
