Welcome to 712 Linden Ave, a multi-family investment opportunity located in the desirable town of Hanover, PA! This property features two units, with one unit fully renovated and the other in above average condition.
The renovated unit is a spacious 2 bedroom, 1 bathroom unit with modern finishes and durable LVP flooring. The kitchen is updated with newer appliances and plenty of storage space. The living room is the perfect place to relax and unwind, with plenty of natural light streaming in through the brand new windows. The unit also has gas forced hot air heat, ensuring that you'll stay warm and cozy all winter long. This unit has the potential to fetch a market rent of around $1,200 per month.
The other unit is a 3 bedroom, 1 bathroom unit with electric baseboard heat. While this unit is in above average condition, it still offers plenty of space and storage for its future tenants. This unit has the potential to fetch a market rent of around $1,350 per month. However, if the attic space is finished into a large 4th bedroom, this unit has the potential to bring in even more income with a market rent of around $1,500 per month.
Both units have separate heat and electric, so the future owner will only need to pay for water, sewer, and trash. However, it is possible for the owner to figure out a way to charge the tenants for some of these costs if desired. This property also offers a large parking area out back that can accommodate up to 10 vehicles.
This property is a great investment opportunity for someone looking to live in one unit and rent the other, a strategy known as "house hacking." With expected market rents of $1,200 and $1,350 (or $1,500 with a 4th bedroom), this property has the potential to generate significant income for the owner. Don't miss out on this opportunity to own a multi-family property in Hanover, PA. Contact us today to schedule a showing!
Courtesy of: Inch & Co. Real Estate, LLC Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 8th February, 2023 10:38 PM (UTC)
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