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$1,125,000

  • Sold
  • Closed
  • Warehouse
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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 8.4% CAP. See agent for financials.

Full Property Details for 128-134 Baltimore St

General

  • Sold For: $1,125,000
  • Taxes: $5,165 (2024)
  • Status: Closed
  • Type: Warehouse
  • Source: BrightMLSPhilly
  • MLS ID: PAYK2060800
  • Added to Site: 653 day(s) ago

Business

  • Business Type: Apartment Building, Hair Salon and Spa, Other/Genera

Parking

  • Total Spaces: 5
  • Parking Type: On Street, Parking Lot, Other

Location

  • Area: Hanover Boro (15267)
  • Municipality: HANOVER BORO
  • County: York
  • Driving Directions: TBD

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Central
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Brick, Block
  • Roof: Rubber
  • Drive-In Doors: 11
  • Stories/Levels: 0
  • Year Built: 1947
  • Year Built Source: Assessor

Unit Information

  • # Tenants: Multiple

Lot Features

  • Lot Size (Acres): 0.15
  • Lot Size (Sq. Ft.): 6,438
  • Lot Size Source: Assessor
  • Zoning: DOWNTOWN

Financial Considerations

  • Price Per Sq. Ft.: $121.34
  • Assessment Year: 2024
  • School Tax: $3,278
  • City/TownTax: $905
  • City/TownTax Freq: Annually
  • County Tax: $980
  • County Tax Freq: Annually
  • Tax w/Assessment: $142,170
  • Tax Amount: $5,165
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Investment: Yes
  • Lot Number: 23

Listed and Sold by Capstone Commercial, Naomi E Brown

Listing agent

— 128-134 Baltimore St —

  • Naomi E Brown

    Capstone Commercial

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 128-134 Baltimore St

Date
Details
Price
Change
Source
11/22/2024
Sold
$1,125,000
-8.16%
MLS
7/22/2024
Price Increased
$1,225,000
2.51%
MLS
5/09/2024
Listed
$1,195,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Capstone Commercial, Naomi E Brown

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128-134 Baltimore Street, Hanover, PA 17331 (MLS# PAYK2060800) is a Warehouse property that was sold at $1,125,000 on November 22, 2024. Want to learn more about 128-134 Baltimore Street? Do you have questions about finding other Warehouse real estate for sale in Hanover? You can browse all Hanover real estate or contact a Coldwell Banker agent to request more information.