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About the Listing IRONVALLEY-HAN - 3238970
Prime Downtown Hanover Investment Opportunity! Welcome to the heart of Hanover—where charm, history, and opportunity meet. This solid, all-brick mixed-use building is a standout investment in a rapidly growing and revitalized downtown district. The lower level features one retail storefront that is currently leased with established tenants who would love to stay, providing immediate and reliable income from day one. Above, you’ll find two spacious residential apartments, each offering two bedrooms, beautiful hardwood flooring, and timeless vintage character that tenants truly appreciate. One unit is currently rented, while the other presents a fantastic opportunity for additional income or owner-occupancy. This property has been well maintained and retains its classic appeal, making it both a solid long-term hold and a value-add opportunity. One of the rarest finds in downtown—a private parking lot—adds tremendous value and convenience for both residential and commercial tenants alike. Whether you’re looking to expand your portfolio or step into a thriving market, this property offers multiple income streams, strong rental potential, and a prime location in one of York County’s up-and-coming areas. Don’t miss your chance to invest in the future of downtown Hanover!
Listing Highlights
Status
Active With Contingency
Days on Site
30
Property Type
Multi-Family
MLS ®
PAYK2103964
Year Built
1932
Total Square Footage
6,891
Lot/Acreage
0.33
Interior Details
- Bedrooms: 4
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Baseboard - Hot Water
- Fireplaces:
- Floor: Carpet,Hardwood,Laminate Plank
- Above Ground Sq Ft: 6891
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: COMMERCIAL
- Roof: Asphalt
- Others: Excellent
- Sewer: Public Sewer
- Parking Features: Paved Parking,Parking Lot
Financial Details
- Tax Amount: $5,559
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
318 Carlisle St Hanover, PA 17331
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