128-134 BALTIMORE STREET, Hanover, PA 17331

  • $1,225,000
128-134 BALTIMORE STREET, Hanover, PA 17331
Closed
128-134 BALTIMORE STREET, Hanover, PA 17331
128-134 BALTIMORE STREET, Hanover, PA 17331
  • $1,225,000

Overview

Property ID: PAYK2060800
  • Commercial Sale
  • Property Type
  • 10096
  • 0.15
  • Lot Acres
  • 1947
  • Year Built

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.

  • Address 128-134 BALTIMORE STREET
  • City Hanover
  • State/county PA
  • Zip/Postal Code 17331
  • Country US

Details

Updated on November 22, 2024 at 8:56 pm
  • Property ID: PAYK2060800
  • Price: $1,225,000
  • Property Size: 10096
  • Land Area: 0.15 Acres
  • Garage Size: x x
  • Year Built: 1947
  • Property Type: Commercial Sale
  • Property Status: Closed

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