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5-Unit Apartment Building with Parking

22 Lee Park Ave, Hanover Township, PA 18706

For Sale
$315,000

Updated electrical panels, a dry basement, and an available four-bedroom unit support leasing flexibility.

Property SizeContact for details
Days on Market110

Property Features for 22 Lee Park Ave

General Information

Standard status Active
Property subtype Residential Income

Additional Details

Multifamily Units 5

Taxes and HOA fees

Annual Taxes $3,723

Amenities

parking lot
Listing Agency: Avanti Real Estate Group
Listed By: Aly Diaz
Source: Exprealty
Added: Jul 23 Changed: Nov 3 Last Checked: Nov 8 at 8:49AM

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 Avanti Real Estate Group

Rey
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Investment Insights

Based on property information with market context.

This 5-unit apartment building at 22 Lee Park Ave in Hanover Township, PA includes a 4,000-square-foot parking lot, a dry basement, and recently installed electrical panels. One four-bedroom unit is vacant and ready for a new tenant, providing immediate leasing availability within the property.

The owner pays water, which is an established operating arrangement for the building. The available unit’s rent is projected in the property information, while the existing unit count and on-site parking provide a clear framework for evaluating the multifamily asset.

Key Highlights

  • 5‑unit apartment building at 22 Lee Park Ave, Hanover Township, PA
  • 4,000‑square‑foot parking lot
  • Four‑bedroom unit recently became vacant and is ready for a new tenant

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

756
Businesses Nearby

Demographics for 18706, PA

16,338
Population
7,675
Households
2.1
Avg Household Size
43
Median Age
20%
College-Educated
91%
High-School Grad
26.3 sq mi
ZIP Area
621
Density / Sq Mi
$57,546
Median Household Income
$38,381
Median Earnings
$883
Median Rent
$121,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Apartment buildings in Luzerne County, PA

$106 Jul
$113 Aug
$93.19 Sep
$94.64 Oct

Properties on Market for Apartment buildings in Luzerne County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Updated electrical panels, a dry basement, and an available four-bedroom unit support leasing flexibility.
Where is this apartment building located?
The property is located at 22 Lee Park Ave Hanover Township, PA.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: 5‑unit apartment building at 22 Lee Park Ave, Hanover Township, PA; 4,000‑square‑foot parking lot; Four‑bedroom unit recently became vacant and is ready for a new tenant
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