Multi Family Investment Properties for Sale in Hanover, PA
Currently Rented
Rental Income
$ 244,900
ROI
21.9
Cash Flow/m
147- 4 Bed
- 2 Bath
- 1878 sft
548 Baer Ave, Hanover, PA, 17331
$ 219,900
ROI
27.8Cash Flow/m
490- 4 Bed
- 2 Bath
- 1660 sft
503 York St #1/2, Hanover, PA, 17331
$ 259,900
ROI
27.9Cash Flow/m
588- 4 Bed
- 2 Bath
- 1865 sft
14 1/2 Ridge Ave, Hanover, PA, 17331
Currently Rented
Rental Income
$ 240,000
ROI
30.6Cash Flow/m
727- 4 Bed
- - Bath
- 2176 sft
640 3rd St, Hanover, PA, 17331
Why Invest in Hanover, Pennsylvania?
Multi-family properties in Hanover, PA offer strong investment potential with steady rental demand. Average rents around $1,250 support solid cash flows for duplexes and small apartment buildings. Cap rates hover at 6-7% amid moderate appreciation of 3-4% annually. Renter occupancy exceeds 35%, bolstered by local manufacturing jobs. Low vacancy risks make this a stable choice for passive income.
8.2%
Avg. ROI
6.8%
Rental Yield
6.5%
Cap Rate
$18500/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
3.9%
1Y Appreciation
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