128-134 Baltimore Street Hanover, PA ^$ 1,195,000

128-134 Baltimore Street

^$ 1,195,000

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128-134 Baltimore Street

Hanover, PA, 17331

^$ 1,195,000

Studio Baths0.0 Sq 17,620

Monthly Estimate*

^$ 7,942

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Studio

Commercial Property for sale in Hanover, PA

for $1,195,000. This 17,620 square foot building was built in 1947 on a lot size of 0.15.

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.

Commercial Active

Price

^$ 1,195,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 5,125

Style

Apartment Building,Hair Salon and Spa,/General Ret

Lot Size

0.15

Year Built

1947

Town/City

Hanover

County/Region

York

MLS | Web ID

PAYK2060800

Features

Interior

Heating Fuel None

Hot Water Electric

Heating Y/N Y

Street Suffix STREET

Central Air Y/N Y

General

Sewer Public Sewer

Heating Central

Cooling Central A/C

Possession Settlement

Roof Rubber

Zoning DOWNTOWN

Construction Materials Brick Block

Year Built 1947

Property SubType Mixed Use

Tax Year 2023

Percent Ownership Fee Simple

Cool Fuel Electric

Municipality HANOVER BORO

Business Type Apartment Building Hair Salon and Spa Other/General Retail Storage

Accessibility 2+ Access Exits

County YORK

New Construction N

Property Type Commercial Sale

Water Access Y/N N

Status ACTIVE

Directions TBD

City HANOVER

Buyer Agent Compensation 0

Total Units 0

MLS Area Hanover Boro (15267)

Lot Size Square Feet 6438.00

Waterfront Y/N N

Street Name BALTIMORE

Tax Annual Amount 5125.0

Price Per Sq Ft Total 118.36

Vacation Rental Y/N N

Days on Market 14

Standard Status Active

Year Built Source Assessor

Tax Lot 0023

Cap Rate 8.00

Buyer Agent Compensation Type % Of Gross

Exterior

Water Source Public

Type of Parking On Street Parking Lot Other

Water View Y/N N

Building Area Total 10096.00

Lot Size Acres 0.15

Lot Size Units Square Feet

Lot Size Source Assessor

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 128

* Excluded Features

List By

Capstone Commercial

Broker

realtornaomibrown@gmail.com

Affordability Calculator

$8,369

Per Month

Monthly Principal & Interest: $7,942
Monthly Property Taxes: $427
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Hanover, PA

Average List Price ^$931,450

Percent of Sale Price 22%

About Hanover, PA

15,852 Population

9% Since 2002

^$45,528 Median Income

41.45 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/9/2024	$1,195,000		Listed Price

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128-134 Baltimore Street, Hanover, PA, 17331 is a Commercial Property for sale at $1,195,000 with 17,620 sqft and a lot size of 0.15. 128-134 Baltimore Street is a studio with 0.0 baths and was built in 1947. The property's zip code is 17331 which is in Hanover, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

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128-134 Baltimore Street

Commercial Property for sale in Hanover, PA

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