$1,195,000
128-134 Baltimore St, Hanover, PA, 17331
17,620
Square feet
0.15
Acres
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% CAP. See agent for financials.
Facts & Features
MLS® # | PAYK2060800 |
---|---|
Price | $1,195,000 |
Bathrooms | 0.00 |
Square Footage | 17,620 |
Acres | 0.15 |
Year Built | 1947 |
Type | Commercial Sale |
Sub-Type | Mixed Use |
Status | Active |
Community Information
Address | 128-134 Baltimore St |
---|---|
Area | Hanover Boro (15267) |
City | Hanover |
County | YORK-PA |
State | PA |
Municipality | HANOVER BORO |
Zip Code | 17331 |
Senior Community | No |
Amenities
Is Waterfront | No |
---|
Interior
Heating | Central |
---|---|
Cooling | Central A/C |
Has Basement | No |
Fireplace | No |
Exterior
Exterior | Brick and Siding, Block |
---|---|
Roof | Rubber |
School Information
District | HANOVER PUBLIC |
---|
Additional Information
Date Listed | May 9th, 2024 |
---|---|
Days on Market | 12 |
Zoning | DOWNTOWN |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Capstone Commercial |
---|---|
Contact Info | (717) 819-2825 |