716 York Street Hanover, PA $ 649,900
716 York Street
$ 649,900
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716 York Street

Hanover, PA, 17331
$ 649,900
Baths0.0 Sq 2,144

Monthly Estimate*

$ 4,540

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Studio

Commercial Property for sale in Hanover, PA

for $649,900. This 2,144 square foot building was built in 1908 on a lot size of 0.14.

This investment property consists of 7 residential units, 1 garage and 2 buildings - (716 York Street with 2 units and a detached garage) and (730 York Street with 5 units). (716 York Street): consists of 2 units, and a basement. (716 York St. Unit #1:) (includes all 1st floor some 2nd floor, KT, LR, DR, 2 BR., 1 bath, W/D hook up, deck, 1222 sq. ft. $950.00 per month). (716 York St. Unit #2:) (includes 2nd and 3rd floor- KT, LR, DR,2 BR., 1 bath, deck, 1212 sq. ft. $900.00 per month). The 14 x 20 detached garage at 716 York St. is currently being used by owner. 730 York Street has 5 units on 1st & 2nd floors. And a full basement.: (730 #1) (all 1st floor, KT, LR, 2 BR., 1 bath, W/D hookup, total 1018 sq. ft., $950 per month). (730 #2) all 1st floor, Eat in Kit, LR, 2 BR., 1 bath, W/D hook up, 1st floor 777 sq. ft., $750 per month. (730 #3) (2nd and 3rd levels, LR, KT, 2 BR., 1 bath, W/D hook up, A/C, 1579 sq. ft. $1000. Per month) (730 # 4) all 2nd floor Eat in Kitchen, LR, 1 BR., 1 bath, 594 sq. ft. $750 per month. (730 Rear #5) includes 1st and 2nd floors, 2 BR., 1 bath, W/D hookup, A/C, 963 sq. ft. $1200 per month. The basement of 730 includes 4 hot water heaters, 4 furnaces, and all the units are serviced individually by a 100 amp. circuit Box, (730 R #5) has water heater and furnace in the unit. Landlord annual expenses include: (R.E. taxes $3,458.98, Water $1,750.00, Sewer $2,018.00, Insurance $2,400.00 per year. Total expenses $9,626.98). Tenants pay: (Heat, electric, and garbage). Also included: There are 2 parking lots, on street parking on Baer Ave., (Leases posted online for agents only). NOTE: THIS TRANSACTION HAS TWO TRACTS KNOWN AS 716 YORK ST. & 730 YORK ST. WITH TWO SEPARATE DEEDS.

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Commercial Active

Price

$ 649,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,592

Style

Apartment Building

Lot Size

0.14

Year Built

1908

Town/City

Hanover

County/Region

York

MLS | Web ID

PAYK2060326

Features
Interior
Heating Fuel Natural Gas
Flooring Carpet Ceramic Tile Hardwood Laminated
Hot Water Natural Gas
Total Stories 2
Heating Y/N Y
Street Suffix STREET
Central Air Y/N Y
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General
Sewer Public Sewer
Heating 90% Forced Air Baseboard - Hot Water Radiant
Cooling Central A/C
Utilities Above Ground Cable TV
Possession Settlement
Roof Architectural Shingle Pitched Rubber
Zoning AO-APT. AND/OR OFFICE
Security Features Main Entrance Lock Resident Manager Smoke Detector Window Grills
Construction Materials Aluminum Siding Asphalt Batts Insulation Cast Iron Plumbing Concrete Copper Plumbing CPVC/PVC Glass HardiPlank Type Mixed Plumbing Stick Built Tile
Year Built 1908
Electric 100 Amp Service
Property SubType Five Or More Units
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality PENN TWP
Gross Income 72000.00
Business Type Apartment Building
Accessibility 2+ Access Exits 36 + wide Halls Accessible Switches/Outlets Doors - Swing In Grab Bars Mod
County YORK
Net Operating Income 54630.00
Operating Expense 17370.00
Insurance Expense 4038.00
New Construction N
Property Type Commercial Sale
Subdivision Name SOUTHWEST
Possible Use Apartment Building Office Residential
Water Access Y/N N
Status ACTIVE
Directions Hanover Square: Take York St. (Rt. 116E) to property on left at corner of York St. and Baer Ave.
City HANOVER
Buyer Agent Compensation 2.5
Disclosures Prop Disclosure Other
Zoning Description Apartment and /or office
Total Units 7
MLS Area Penn Twp (15244)
Lot Size Square Feet 6303.00
Waterfront Y/N N
Street Name YORK
Tax Annual Amount 3592.0
Property Condition Good
Price Per Sq Ft 303.12
Acceptable Financing Conventional Cash
Vacation Rental Y/N N
Days on Market 8
Location Type Corner Lot/Unit
Standard Status Active
Year Built Source Assessor
Tax Lot 0035
Total Actual Rent 72000.00
Buyer Agent Compensation Type % Of Gross
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Exterior
Parking Features Private Unassigned
Lot Features Level
Water Source Public
Inclusions Refrigerator(7) Stove(7) Dishwasher(3)
Type of Parking Driveway
Foundation Details Stone
Water View Y/N N
Building Area Total 2144.00
Lot Size Acres 0.14
Road Surface Type Black Top Paved
Lot Size Units Square Feet
Lot Size Source Assessor
Road Responsibility State Boro/Township
Land Assessed Value 0.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 716
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* Excluded Features
List By
Re/Max Quality Service, Inc.

Broker

randyhilker@earthlink.net

Email

Affordability Calculator

$4,839
Per Month
94%
6%
0%
Monthly Principal & Interest
$4,540
Monthly Property Taxes
$299
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/30/2024$649,900 Listed Price

Map


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716 York Street, Hanover, PA, 17331 is a Commercial Property for sale at $649,900 with 2,144 sqft and a lot size of 0.14. 716 York Street is a studio with 0.0 baths and was built in 1908. The property's zip code is 17331 which is in Hanover, PA