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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Hanover, PA
$ 234,900
ROI
26.0
Cash Flow/m
406- 4 Bed
- 2 Bath
- 2504 sft
530 Baer Ave, Hanover, PA, 17331
Currently Rented
Rental Income
$ 249,000
ROI
26.2Cash Flow/m
446- 3 Bed
- - Bath
- 1381 sft
399 Frederick St, Hanover, PA, 17331
$ 240,000
ROI
26.3Cash Flow/m
433- 6 Bed
- 2 Bath
- 1992 sft
138 Pleasant St #1/2, Hanover, PA, 17331
Rental Income
$ 150,000
ROI
33.0Cash Flow/m
552- 4 Bed
- - Bath
- 1998 sft
20 & 20-1/2 Monroe 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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