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Four-Unit Residential Income Property

131-133 East Chestnut Street Hanover, PA 17331

New
131-133 East Chestnut Street, Hanover, PA, 17331
$429,500
For Sale
$429,500

Four fully rented units with separately metered electric and an on-site coin-operated laundry.

Days on Market6

Property Features for 131-133 East Chestnut Street

General Information

Standard status
Active
Property subtype
Multi-Family / Fee Simple

Building Details

Year Built
1930
Listing agency RE/MAX Plus
Listed by Francis X Murray III · License #RS327559
Source Compass
Added: Jul 17 Updated: Jul 21 at 4:18PM Checked: Jul 22 at 10:43AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Plus


Investment Insights

Based on property information with market context.

This four-unit residential income property at 131-133 East Chestnut Street in Hanover is fully rented and includes one 1-bedroom unit, one 2-bedroom unit, and two 3-bedroom units. Electric service is separately metered and paid by the tenants. All four units currently operate on month-to-month leases.

An on-site coin-operated laundry is available for residents. The property is described as being within walking distance to downtown restaurants and other businesses.

For prospective buyers, the listing notes that a showing must be approved in advance, requiring either a pre-qualification letter or a letter from a bank confirming available cash for the purchase.

Key Highlights

  • 4‑unit property built in 1930, fully rented
  • Unit mix: one 1‑bedroom, one 2‑bedroom, and two 3‑bedroom units
  • Separately metered electric with electricity paid by tenants

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Restaurant Real Estate Agency Law Firm Grocery & Convenience Store Hotel & Motel Veterinary Clinic Clothing & Fashion Store (Bike/Boat/Book/etc) Store Storage Facility Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four fully rented units with separately metered electric and an on-site coin-operated laundry.
Where is this quadplex located?
The property is located at 131-133 East Chestnut Street Hanover, PA.
What is the asking price?
The asking price for this property is $429,500.
What are key features of this property?
This property features: 4‑unit property built in 1930, fully rented; Unit mix: one 1‑bedroom, one 2‑bedroom, and two 3‑bedroom units; Separately metered electric with electricity paid by tenants
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