Looking for your next investment to build equity, build up depreciation for taxes AND has a value add opportunity? Welcome to Hanover PA where you'll find a brick duplex with a large, 2 story garage generated $2,500 per month of rental income and room to grow! This stunning investment is nestled within the South Western School District. Built in 1916, the colonial-style brick property boasts over 1,900 square feet of living space, making it an attractive opportunity for investors seeking a stellar addition to their portfolio. Property Features: This offers a functional layout with added character. Featuring 3 bedrooms and 1 bath for the top unit and 2 bedrooms, 1 bath for the bottom unit, it provides ample space for anyone living in each unit. The oversized detached garage provides space for 4 vehicles and the additional parking lot adds significant value. The garage has separately metered electric and the upstairs is finished. Whether you’re looking for personal use or rental income potential, this space fits the bill. The architectural integrity of the colonial style is well-preserved, making a strong impression with its classic brick exterior. This home offers not only an ideal living solution but also a stable income-producing asset. Each unit has been designed to maximize space and functionality, appealing to long-term tenants or owner-occupants. Location Benefits: Conveniently located near major thoroughfares such as PA94 and PA116, with a quick drive to Gettysburg, York, Carlisle and easy access to Maryland, commuting and accessibility are hassle-free. The property is in close proximity to Hanover Shoe Farms Fairgrounds, offering a variety of local community events and activities. Moreover, its placement near the vibrant heart of Hanover brings a plethora of dining and recreational opportunities to your doorstep, making it a desirable spot for renters and homebuyers alike. Hanover’s diverse and dynamic scene ensures that there’s always something to do, making this property not just a place to live but a key to experiencing a flourishing community. This strategic location is appealing to potential tenants who value both the serenity of suburban life and the convenience of urban amenities. Ideal Investment Opportunity: This property serves as an ideal investment. Whether you plan to rent all units or supplement your income while living in one, the distinct appeal of this home is hard to overlook. It stands out in the market due to its size, location, and adaptability to various investment strategies. By investing here, you tap into a thriving rental market in a highly sought-after area. The robust local economy and friendly community atmosphere enhance the value proposition, ensuring sustainable cash flow and asset appreciation over time. Properties like this rarely stay on the market long, schedule a showing today! Schedule a Private Showing

Listing courtesy of BRIGHT / EXP Realty, LLC

Last checked: Checking… • Last updated Apr 19, 2025 • Source: BRIGHT

MLS# PAYK2078802 — Report a problem