Browse All Hanover MD Multi-Family Properties for Sale

$244,900

Investment opportunity in Hanover! This brick duplex offers the opportunity to own an income-producing property with one unit already occupied and a second unit recently upgraded and ready for a new tenant. The second floor unit is currently rented for $1,000/month, and the tenants would like to remain, providing an immediate source of rental income for the next owner. The first floor, 2-bedroom, 1-bath unit is currently vacant, offering the opportunity to place a new tenant at a potential rent of approximately $1,200/month. Each unit also has its own additional storage space, with basement access for the first floor unit and attic access for the second floor unit. With a newer roof, an existing tenant, and an updated vacant unit ready to be rented, this property offers a compelling opportunity for an investor or owner-occupant looking to generate rental income.

548 Baer Ave, Hanover

Listing courtesy of Keller Williams Elite. Contact: 7175532500

$249,990

320 Spring Ave offers a versatile investment opportunity in Hanover with three separate units, multiple potential income streams, and a location that puts tenants close to the everyday conveniences that make this area appealing. Built in 1940 and offering approximately 1,853 square feet of living space, this triplex could be a strong addition to an investment portfolio or an opportunity for an owner occupant interested in house hacking by living in one unit while renting the others. The property includes a 1 bedroom, 1 bathroom unit on the first floor, a second 1 bedroom, 1 bathroom unit on the second floor, and a finished attic efficiency apartment. This variety of unit sizes can appeal to individual renters and couples looking for practical, manageable living spaces. A full basement provides additional storage, while the detached garage adds valuable parking or storage options for the property. The location adds to the property's long term rental appeal. Hanover combines a small town atmosphere with a strong selection of shopping, restaurants, coffee shops, healthcare, and recreation. Downtown Hanover offers locally owned dining and businesses, while the Eisenhower Drive retail corridor provides convenient access to major shopping and everyday necessities. Hanover is also home to UPMC Hanover and has a strong employment base that includes healthcare, food manufacturing, retail, and other industries. For recreation, Codorus State Park and Lake Marburg are nearby, offering thousands of acres for boating, fishing, hiking, picnicking, and other outdoor activities. Residents can also take advantage of Hanover's community events and historic downtown, while nearby Gettysburg offers restaurants, breweries, shops, museums, and Gettysburg National Military Park. York and Westminster, Maryland provide additional options for employment, shopping, dining, and entertainment. With three units, a detached garage, a full basement, and access to the amenities of Hanover and the surrounding region, 320 Spring Ave offers flexibility for both experienced investors and buyers looking for a creative path to property ownership. Live in one unit and offset expenses with rental income from the others, or operate the property as a full investment and take advantage of three separate rental opportunities in an established Hanover location.

320 Spring Ave, Hanover

Listing courtesy of Real of Pennsylvania. Contact: 7173445577

$259,900

This lovely property located close to schools, shopping, and a playground is a perfect rental to consider to put on your property management list. It is a two unit property, both sides have washer and dryers on the first level so no need to go to the basement when cleaning your clothes. It also has a lovely back yard with two small storage sheds and parking for six cars. The unit has been extremely well maintained and the floors have been redone with lament planking. Make an appointment to come see these units before they are gone.

14 and 14 1/2 Ridge Ave, Hanover

Listing courtesy of RE/MAX Quality Service, Inc.. Contact: (717) 632-5111