SoldDec 20, 2023

Listed by Nathaniel Barshinger

Source: eXp Realty #120235105

404 Broadway, Hanover, PA, 17331

$250,000

1496 sq. ft.
3001 sq. ft.

Other

•

30+ days on the market

Sold: Dec 20, 2023

What's around 404 Broadway

About this property

Incredible Investment Opportunity in Hanover, PA! 6-Room Boarding House with Outstanding Cap Rate and Cash-on-Cash Return over 12%! Welcome to this promising property in Hanover, Pennsylvania, offering savvy investors an exceptional opportunity. This 6 bedroom, 4 bathroom boarding house boasts an impressive cap rate and cash-on-cash return, both exceeding 12%, making it an enticing prospect for those seeking high returns. While the property may require some improvement, its potential for substantial financial gains cannot be overlooked. With an affordable entry point, you have the flexibility to customize upgrades to enhance its appeal and rental income, thereby boosting your returns over time. Situated in a location with consistent demand for affordable housing, this property offers diversified income streams and the potential for long-term growth as Hanover, PA, continues to prosper economically. Don't miss out on this unique investment offering. Seize the opportunity to shape this property to your vision and capitalize on the strong rental market in Hanover, PA.

Looking for more information on 404 Broadway?

Explore comparables, sales history and growth for this property.
Learn more

Similar properties sold nearby

SoldSep 24, 2026
SoldSep 11, 2026
$95,000
374 Maple Avenue
Hanover PA 17331
2
1
Other
Listing courtesy of Iron Valley Real Estate Hanover and Samson Properties
SoldSep 3, 2026
$104,000
148 Broad Wing Drive
Hanover PA 17331
3
2
3
Other
Listing courtesy of Keller Williams Keystone Realty

Other properties sold by eXp Realty, LLC (E - SR14 - Pennsylvania)

SoldSep 24, 2026
$55,000
215 Patterson Avenue
Bridgeville PA 15017
2
Single-Family
Listing courtesy of eXp Realty, LLC (E - SR14 - Pennsylvania)
SoldSep 23, 2026
$97,000
1042 Blackadore Avenue
Pittsburgh PA 15221
4
2
Single-Family
Listing courtesy of eXp Realty, LLC (E - SR14 - Pennsylvania)
SoldSep 23, 2026
$178,830
944 McDonald Ave
McDonald OH 44437
3
3
3
Single-Family
Listing courtesy of eXp Realty, LLC (E - SR14 - Pennsylvania)

Browse properties sold in nearby areas

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Email
© 2026 RateMyAgent