5-Unit Investment Property with Endless Potential. Calling all investors! This 5-unit rental property is primed for opportunity. With all tenants currently on month-to-month leases, you’ll have maximum flexibility to reposition rents, renovate units, or update management strategies. A little sweat equity can go a long way here — restore this property to its former glory and tap into true profitability. Whether you’re looking for a buy-and-hold investment to generate long-term cash flow or a fix-and-flip project to realize immediate equity, this property delivers. Multi-unit buildings in this price range are rare, and the upside potential is undeniable. Bring your vision, make the upgrades, and watch this property shine as a cornerstone of your portfolio.
Sold for $275,000 on 10/17/25
$275,000
504 Broadway, Hanover, PA 17331
6beds
--baths
2,336sqft
Multi Family
Built in 1900
-- sqft lot
$273,300 Zestimate®
$118/sqft
$1,515 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 28, 2025 at 08:21am
Listed by:
Lee Wolff 717-461-7201,
FSBO Broker
Bought with:
Nathan Barshinger, RS359935
EXP Realty, LLC
Source: Bright MLS,MLS#: PAYK2090570
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
Basement
- Area: 0
Heating
- Forced Air, Baseboard, Electric
Cooling
- Window Unit(s), Electric
Appliances
- Included: Electric Water Heater
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,336
- Total interior livable area: 2,336 sqft
Property
Parking
- Parking features: Other
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 5,998 sqft
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 670001801360000000
- Zoning: RES
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Stick Built
- Foundation: Permanent
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Hanover
- Municipality: HANOVER BORO
HOA & financial
Other financial information
- Total actual rent: 49200
Other
Other facts
- Listing agreement: Exclusive Agency
- Income includes: Apartment Rentals
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$273,300
2% more+$5,466
With Zillow Showcase(estimated)$278,766