Located along the main corridor in Hanover, PA, this mixed-use property hasbeen extremely well maintained. The property is comprised of 7 apartments, 3 commercial spaces, and 7storage/shop spaces. The property has had one owner for the last22 years, who has taken great care with updates & improvements.Currently 100% leased, this property generates a strong cash flow, with solidupside potential. Apartment rents are lower with long-time tenants on month-to-monthleases, 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 anda borough lot located only 1 block north of the property.Excellent Cash flow with true 8% CAP. See agent for financials.
PAYK2060800
Mixed Use, Business Opportunities, Other
YORK
1947
0.15
Acres
Public
Brick
Public Sewer
10,096
Sq. Ft.
Interior Features
- Appliances
- Electric Water Heater
- Cooling
- Central Air
- Heating
- Other. Central.
Exterior / Lot Features
- Parking
- 5 Parking Spaces. On Street.
- Exterior
- Brick
- Roof
- Rubber
Financial Considerations
67-000-05-0023-00-00000
$5,125
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