Hanover, PA 17331 536 S Franklin Street

Pending
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Presented By: EXP Realty, LLC
  • MLS# PAYK2078802
  • 04/16/2025
  • Request Tour
  • Request Info
  • Beds • 5
  • Garage • 4

Home Details

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 youre 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. Hanovers diverse and dynamic scene ensures that theres 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!
Presented By: EXP Realty, LLC

Interior Features for 536 S Franklin Street

Bedrooms

Three Bedroom Units Count1

Other Interior Features

LivingAreaSourceAssessor
BasementFull
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterElectric
Interior AmenitiesAttic, Entry Level Bedroom, Floor Plan - Traditional

General for 536 S Franklin Street

Acceptable FinancingConventional, Cash
AccessibilityNone
Architectural StyleColonial
CityHANOVER
Construction MaterialsBrick
Cool FuelElectric
CoolingWindow Unit(s)
CountyYORK
DirectionsTravel west on Route 116 (York St). At the light just past UPMC York St Medical Center, turn left onto Pleasant St. At the stop sign, turn left onto Baltimore St, then take the next right onto W Granger
Garage Spaces4.00
Garage Y/NYes
HeatingHot Water
Lease TypeMonth to Month
Lot Size Square Feet4500.00
Lot Size UnitsSquare Feet
MLS AreaPenn Twp (15244)
ModificationTimestamp2025-04-23T21:44:55
MunicipalityPENN TWP
New ConstructionNo
Number Of Units Total2
Number of Units Leased3
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 3
OwnerPaysInsurance, Sewer, Taxes - Real Estate, Water, Trash Collection
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG131.11
Property ConditionVery Good
Property SubtypeTriplex
Property TypeMulti-Family
RoofShingle
School DistrictSOUTH WESTERN
SectionPENN
SewerPublic Sewer
Single Room Units Count1
Standard StatusPending
StatusPENDING
Structure TypeDetached
Tax Annual Amount4307.0
Tax Assessed Value127820.0
Tax Lot0210
Tax Year2024
Total Actual Rent30000.00
Total SQFT1906
Two Bedroom1
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1916
Year Built SourceAssessor
ZoningRESIDENTIAL

Exterior for 536 S Franklin Street

# of Detached Garage Spaces4
Exterior AmenitiesSidewalks
Foundation DetailsOther
Garage FeaturesGarage - Rear Entry, Oversized, Additional Storage Area
Land Assessed Value0.00
Land Use Code122
Lot Size Acres0.10
Lot Size SourceAssessor
Navigable Water Y/NNo
Parking FeaturesCrushed Stone
PoolNo Pool
Total Parking Spaces7
Type of ParkingDetached Garage, Driveway
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $249,900
MLS#PAYK2078802
List Date 04/16/2025
Property Type Pending
Phone 703.929.4729
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