128-134 Baltimore Street Hanover, PA 17331
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.
- Property TypeCommercial
- NeighborhoodN/A
- CountyYork
- Taxes$5,165
- HOA/Condo/Coop Fees$0
- Days on Site19 Days
- MLS StatusActive
- MLS ID NumberPAYK2060800
- Home Size Source Assessor
- Year Built1947
- Lot Size0.15 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction BrickBlock
- Parking On StreetParking LotOther
- Sewer Public Sewer
- Acreage 0.15
- Water Public
- Property Sub Type Mixed Use
- Attached Garage No
- Zoning DOWNTOWN
Interior Features
- Cooling Central A/ CElectric
- Heating Central
Exterior Features
- Roof Rubber
- Spa No
- Waterfront Property No
Community Features
- MLS Area Hanover Boro (15267)