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$275,000
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Property Description
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.
Full Property Details
Full Property Details for 504 Broadway
General
- Sold For: $275,000
- Taxes: $3,997 (2025)
- Status: Closed
- Type: Multi-Family
- Source: BrightMLSPhilly
- MLS ID: PAYK2090570
- Added to Site: 116 day(s) ago
Parking
- Parking Type: Other
Location
- Area: Hanover Boro (15267)
- Municipality: HANOVER BORO
- County: York
- Driving Directions: Once on Broadway in downtown Hanover, watch for intersections with smaller cross streets; 504 broadway will be on broadway between the intersection around the downtown area. Turn onto Broadway and follow it until you reach number 504-it will be the same street (Broadway), likely near the central business district.
School Information
- School District: Hanover Public
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: 90% Forced Air, Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Structure Type: Detached
- Construction: Stick Built
- Basement: Yes
- Basement Desc.: Unfinished
- Foundation: Permanent
- Stories/Levels: 2
- Square Feet: 2,336
- Sq. Ft. Source: Estimated
- Living Area: 2,336 Sq. Ft.
- Finished Above Grnd: 2,336 Sq. Ft.
- Year Built: 1900
- Year Built Source: Estimated
Unit Information
- Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3
- 1 Bedroom Units: 4
- 2 Bedroom Units: 1
Unit 1
- Unit Description: Unit 1
Unit 2
- Unit Description: Unit 2
Unit 3
- Unit Description: Unit 3
Unit 4
- Unit Description: Unit 4
Unit 5
- Unit Description: Unit 5
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 5,998
- Lot Size Source: Assessor
- Zoning: RES
Financial Considerations
- Price Per Sq. Ft.: $117.72
- Assessment Year: 2025
- School Tax: $2,517
- City/TownTax: $726
- City/TownTax Freq: Annually
- County Tax: $753
- County Tax Freq: Annually
- Tax w/Assessment: $109,180
- Tax Amount: $3,997
- Tax Year: 2025
- Terms: Standard Sale
- Owner Pays: Electricity, Heat, Insurance, Taxes - Real Estate, Trash Collection, Water
- Landlord Pays: Electricity, Heat, Insurance, Taxes - Real Estate, Trash Collection, Water
Disclosures and Reports
- Ownership: Fee Simple
- Section: HANOVER
- Lot Number: 136
Listed by FSBO Broker, Lee F. Wolff
Sold by EXP Realty, LLC, Nathaniel Martin Barshinger
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Schools
Schools serving 504 Broadway
School District:Hanover Public School District
| Name | Grades | Distance |
|---|---|---|
Clearview El School, Hanover, PA 801 Randolph Street, Hanover, PA 17331 | K-4 | 0.8 mi |
Washington El School, Hanover, PA 301 Moul Avenue, Hanover, PA 17331 | K-4 | 0.8 mi |
Hanover Middle School 300 Keagy Avenue, Hanover, PA 17331 | 5-8 | 1.3 mi |
Hanover Senior High School 401 Moul Avenue, Hanover, PA 17331 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 504 Broadway
Date
Details
Price
Change
Source
10/17/2025
Sold
$275,000
—
MLS
9/24/2025
Listed
$275,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
504 Broadway, Hanover, PA 17331 (MLS# PAYK2090570) is a Multi-Family property that was sold at $275,000 on October 17, 2025. Want to learn more about 504 Broadway? Do you have questions about finding other Multi-Family real estate for sale in Hanover? You can browse all Hanover real estate or contact a Coldwell Banker agent to request more information.

