Address
716 York Street, Hanover, PA
Price
$ 649,900
Property Attributes
- MLS#PAYK2060326
- TypeCommercial
- CountyYORK
- CityHanover
- AreaPenn Twp
- NeighborhoodSouthwest
- Zip17331
- StyleApartment Building
- Year Built1908
- Taxes$ 3592
- Price$ 649,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2144
- Lot Size0.14 Acres
Data Source:
Bright MLS
Property Description
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.
| Price History | |
|---|---|
| 4/30/2024 | Listed $649,900 |
General Features
| 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 | 2024 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Gross Income | 72000.00 |
| OwnerPays | Sewer,Taxes - Real Estate,Water,Insurance |
| 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 | No |
| Property Type | Commercial Sale |
| Subdivision Name | SOUTHWEST |
| Possible Use | Apartment Building,Office,Residential |
| Water Access Y/N | No |
| Property Use | Investment |
| Status | ACTIVE |
| Directions | Hanover Square: Take York St. (Rt. 116E) to property on left at corner of York St. and Baer Ave. |
| ModificationTimestamp | 2024-05-24T05:43:33 |
| 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 |
| Tax Assessed Value | 106610.0 |
| Waterfront Y/N | No |
| Street Name | YORK |
| Tax Annual Amount | 3592.0 |
| Property Condition | Good |
| Price Per Sq Ft Total | 303.12 |
| Acceptable Financing | Conventional,Cash |
| Vacation Rental Y/N | No |
| Days on Market | 25 |
| 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 |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Flooring | Carpet,Ceramic Tile,Hardwood,Laminated |
| Hot Water | Natural Gas |
| Total Stories | 2 |
| Heating Y/N | Yes |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
Exterior Features
| Parking Features | Private,Unassigned |
|---|---|
| Lot Features | Level |
| Water Source | Public |
| Inclusions | Refrigerator(7),Stove(7),Dishwasher(3) |
| Total Parking Spaces | 14 |
| Type of Parking | Driveway |
| Land Use Code | 122 |
| Foundation Details | Stone |
| Water View Y/N | No |
| 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 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| Car Parking Spaces | 14 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 17331
Price
Taxes
Visits
Year Built
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