128-134 BALTIMORE ST Pending

Hanover,PA 17331

$ 1225000

- Bed

- Bath

10096 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

Square Footage 10,096 sqft

Price per Sqft $121

MLS Listing ID PAYK2060800

Year Built 1947

Annual Tax Amount $5,165

Tax Year 2024

Lot Size 6,438 Sqft

Property Description

Located along the main corridor in Hanover, PA, this mixed-use property has
been extremely well maintained. The property is comprised of 7 apartments, 3 commercial spaces, and 7
storage/shop spaces. The property has had one owner for the last
22 years, who has taken great care with updates & improvements.
Currently 100% leased, this property generates a strong cash flow, with solid
upside potential. Apartment rents are lower with long-time tenants on month-to-month
leases, making it easy for a new owner to increase the cash flow on day one.
The commercial spaces are leased by a salon, a bakery, and a church with longer term leases.
There are 7 parking spaces on the property, with substantial street parking and
a borough lot located only 1 block north of the property.
Excellent Cash flow with true 8.4% CAP. See agent for financials.

Location

State PA

County York

Area Hanover Boro (15267)

Zoning DOWNTOWN

Interior

Hot Water Electric

Heating Central

Cooling Central A/C

Exterior

Garage Spaces 5.0

Waterfront N

Water Access N

Roof Type Rubber

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Hanover Public

Others

Special Listing Condition Standard

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