Skip main navigation
Sold for $250,000 on 12/20/23
  • $250,000

    404 Broadway, Hanover, PA 17331

    6beds
    1,496sqft
    Single Family Residence
    Built in 1930
    3,001 Square Feet Lot
    $349,800 Zestimate®
    $167/sqft
    $1,826 Estimated rent

    What's special

    Incredible Investment Opportunity in Hanover, PA! 6-Room Boarding House with Outstanding Cap Rate and Cash-on-Cash Return over 12%! Welcome to this promising property in Hanover, Pennsylvania, offering savvy investors an exceptional opportunity. This 6 bedroom, 4 bathroom boarding house boasts an impressive cap rate and cash-on-cash return, both exceeding 12%, making it an enticing prospect for those seeking high returns. While the property may require some improvement, its potential for substantial financial gains cannot be overlooked. With an affordable entry point, you have the flexibility to customize upgrades to enhance its appeal and rental income, thereby boosting your returns over time. Situated in a location with consistent demand for affordable housing, this property offers diversified income streams and the potential for long-term growth as Hanover, PA, continues to prosper economically. Don't miss out on this unique investment offering. Seize the opportunity to shape this property to your vision and capitalize on the strong rental market in Hanover, PA.

    Zillow last checked: 7 hours ago

    Listing updated: July 15, 2024 at 04:08pm

    Listed by:

    Nathan Barshinger 717-668-4694,

    EXP Realty, LLC

    Bought with:

    Brad Bygall

    Lime House

    Source: Bright MLS,MLS#: PAYK2048834MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 1
    • 1/2 bathrooms: 3
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Basement
    • Area: 0
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Gas Water Heater
    • Laundry: None
    Features
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 1,496
    • Total interior livable area: 1,496 sqft
    • Finished area above ground: 1,496
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Crushed Stone, Enclosed, Private, Off Street, Parking Lot
    Accessibility
    • Accessibility features: 2+ Access Exits
    Features
    • Levels: Two and One Half
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 3,001 sqft
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 67000180145A000000
    • Zoning: ROOMING HOUSE
    • Zoning description: Rooming house grandfathered in as per Hanover Boro
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Foundation: Stone, Permanent
    Condition
    • Good
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
    Location
    • Region: Hanover
    • Subdivision: Hanover Boro
    • Municipality: HANOVER BORO

    Other

    Other facts
    • Listing agreement: Exclusive Agency
    • Listing terms: Cash,Conventional,Bank Portfolio
    • Ownership: Fee Simple
    Services availability
    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $349,800
    2% more+ $6,996
    With Zillow Showcase(estimated)
    $356,796