$250,000

Estimated payment $1,713/month

Total Views 6,804
-- Bed
-- Bath
1,853 Sq Ft
$135 Price per Sq Ft

Highlights

  • Colonial Architecture
  • 2 Car Detached Garage
  • 1-minute walk to Attlesberger Park
  • Hanover Street Elementary School Rated A-
  • Hot Water Heating System

About This Home

NEW PRICE!!! Welcome to 320 Spring Ave—a fully rented triplex offering strong income and even greater potential with today’s rental market. This is a fantastic opportunity for both investors and savvy house hackers!The property features three well-maintained units: a 1 bed/1 bath on the first floor, a 2 bed/1 bath on the second floor, and a spacious efficiency apartment on the third. Live in one unit and let the others help cover your mortgage, or add this cash-flowing asset to your growing portfolio.Ideally located in Hanover with easy access to shopping, dining, and major commuter routes. With a solid rental history and upside potential, this is an opportunity you don’t want to miss. Schedule your private showing today!

Listing Agent

Federico Busacca

EXP Realty, LLC License #RS351832 Listed on: 06/05/2025

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,981

Year Built

  • Built in 1940

Lot Details

  • 5,602 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,853 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 0289
  • Assessor Parcel Number 67-000-04-0289-00-00000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,981

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Tenants' personal property
  • Historic: No
  • Inclusions: All that is not tenants' personal property
  • New Construction: No
  • Year Built: 1940
  • Remarks Public: NEW PRICE!!! Welcome to 320 Spring Ave—a fully rented triplex offering strong income and even greater potential with today’s rental market. This is a fantastic opportunity for both investors and savvy house hackers! The property features three well-maintained units: a 1 bed/1 bath on the first floor, a 2 bed/1 bath on the second floor, and a spacious efficiency apartment on the third. Live in one unit and let the others help cover your mortgage, or add this cash-flowing asset to your growing portfolio. Ideally located in Hanover with easy access to shopping, dining, and major commuter routes. With a solid rental history and upside potential, this is an opportunity you don’t want to miss. Schedule your private showing today!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1853
  • Living Area Sq Ft: 1853
  • Price Per Sq Ft: 134.92
  • Above Grade Finished Sq Ft: 1853
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 320

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Covered Parking
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, On Street, Off Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Source: Public

Schools

  • School District: HANOVER PUBLIC
  • School District Key: 300200396255
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 122
  • Lot Size Acres: 0.13
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5602.00
  • Year Assessed: 2025
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 3
  • Total Actual Rent: 29100.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 2507.00
  • Tax Annual Amount: 3981.00
  • Assessor Parcel Number: 67-000-04-0289-00-00000
  • Tax Lot: 0289
  • Tax Total Finished Sq Ft: 1853
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Single Room Units Count: 1

MLS Schools

  • School District Name: HANOVER PUBLIC

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,981 $108,750 $22,480 $86,270
2024 $3,951 $108,750 $22,480 $86,270
2023 $3,920 $108,750 $22,480 $86,270
2022 $3,690 $103,620 $22,480 $81,140
2021 $3,586 $103,620 $22,480 $81,140
2020 $3,586 $103,620 $22,480 $81,140
2019 $3,530 $103,620 $22,480 $81,140
2018 $3,465 $103,620 $22,480 $81,140
2017 $3,400 $103,620 $22,480 $81,140
2016 $0 $103,620 $22,480 $81,140
2015 -- $103,620 $22,480 $81,140
2014 -- $103,620 $22,480 $81,140
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Price Changed $250,000 -13.8% $135 / Sq Ft
06/05/2025 06/05/25 For Sale $290,000 -- $157 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $120,000 None Available
Deed $51,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $631,400 New Conventional
Closed $241,600 Commercial
Closed $175,000 Future Advance Clause Open End Mortgage
Closed $100,000 Credit Line Revolving
Closed $127,000 Purchase Money Mortgage
Source: Public Records

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Source: Bright MLS

MLS Number: PAYK2083364

Bright MLS

APN: 67-000-04-0289.00-00000