Boarding House with Garage
For Sale
$929,900
359 Main St, McSherrystown, PA 17344
17-room boarding house on four floors with common kitchen, laundry access, porches, and on-site parking for 17 cars.
Property Size5,292 SF
Days on Market75
Property Features for 359 Main St
General Information
Standard status
Active
Size
5,292 SF
Property subtype
Multifamily
Building Details
Building Size
5,292 SF
Year Built
1930
Listing Agency:
Clear Multifamily LLC
Listed By:
Naomi Brown, CCIM · License #RM426301
(717) 819-2825
Source:
Capstonecre
Added: Jun 23
Changed: Sep 5
Last Checked: Aug 3 at 7:51AM
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 Clear Multifamily LLC
Investment Insights
Based on property information with market context.
This established 17-room boarding house was constructed in 1930 and is currently arranged over four floors. Residents share a common kitchen and have access to a laundry area in the basement. There are three common bathrooms and one additional room with a private bath. The property also includes two garage rentals. The exterior offers several porches for tenant use. An available Labor & Industry Certificate addresses code items, and the roof, boiler, and water heater are approximately 10 years old or newer, with the owner completing recent cosmetic upgrades.
The boarding house operates under Commercial 1 zoning in McSherrystown Borough and is offered for sale at 359 Main St in the suburbs of Hanover. On-site parking is provided for 17 cars. Each room is all-inclusive, with the landlord covering utilities, common area cleaning, Wi-Fi access, parking, and basic furniture, and tenants sign an initial 6-month lease before converting to month-to-month. Tenants can choose to pay weekly or monthly rent. The offering remarks cite a current 7% cap rate with upside to 9% based on rent levels and recent improvements.
The boarding house operates under Commercial 1 zoning in McSherrystown Borough and is offered for sale at 359 Main St in the suburbs of Hanover. On-site parking is provided for 17 cars. Each room is all-inclusive, with the landlord covering utilities, common area cleaning, Wi-Fi access, parking, and basic furniture, and tenants sign an initial 6-month lease before converting to month-to-month. Tenants can choose to pay weekly or monthly rent. The offering remarks cite a current 7% cap rate with upside to 9% based on rent levels and recent improvements.
Key Highlights
- 17‑room boarding house built in 1930, spread across 4 floors
- Commercial 1 zoning in McSherrystown Borough and long‑standing boarding house use
- Shared setup: 3 common bathrooms, plus 1 room with a private bath; residents share a common kitchen
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
262
Businesses Nearby
Explore this area
Business Placement
Demographics for 17344, PA
3,676
Population
1,526
Households
2.4
Avg Household Size
39
Median Age
18%
College-Educated
94%
High-School Grad
0.7 sq mi
ZIP Area
5,251
Density / Sq Mi
$71,688
Median Household Income
$40,022
Median Earnings
$1,365
Median Rent
$203,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - 17-room boarding house on four floors with common kitchen, laundry access, porches, and on-site parking for 17 cars.
Where is this apartment building located?
The property is located at 359 Main St McSherrystown, PA.
What is the asking price?
The asking price for this property is $929,900.
What are key features of this property?
This property features: 17‑room boarding house built in 1930, spread across 4 floors; Commercial 1 zoning in McSherrystown Borough and long‑standing boarding house use; Shared setup: 3 common bathrooms, plus 1 room with a private bath; residents share a common kitchen
