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320 Spring Ave , Hanover, PA 17331
$237,000
Est. Payment: $1,280.32/mo
2 Bed
1853 Sqft
0.13 Acres
Status: active | Days on site: 60
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RBRKR5 - 3394083,3327413
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House Description

320 Spring Ave offers a versatile investment opportunity in Hanover with three separate units, multiple potential income streams, and a location that puts tenants close to the everyday conveniences that make this area appealing. Built in 1940 and offering approximately 1,853 square feet of living space, this triplex could be a strong addition to an investment portfolio or an opportunity for an owner occupant interested in house hacking by living in one unit while renting the others. The property includes a 1 bedroom, 1 bathroom unit on the first floor, a second 1 bedroom, 1 bathroom unit on the second floor, and a finished attic efficiency apartment. This variety of unit sizes can appeal to individual renters and couples looking for practical, manageable living spaces. A full basement provides additional storage, while the detached garage adds valuable parking or storage options for the property. The location adds to the property's long term rental appeal. Hanover combines a small town atmosphere with a strong selection of shopping, restaurants, coffee shops, healthcare, and recreation. Downtown Hanover offers locally owned dining and businesses, while the Eisenhower Drive retail corridor provides convenient access to major shopping and everyday necessities. Hanover is also home to UPMC Hanover and has a strong employment base that includes healthcare, food manufacturing, retail, and other industries. For recreation, Codorus State Park and Lake Marburg are nearby, offering thousands of acres for boating, fishing, hiking, picnicking, and other outdoor activities. Residents can also take advantage of Hanover's community events and historic downtown, while nearby Gettysburg offers restaurants, breweries, shops, museums, and Gettysburg National Military Park. York and Westminster, Maryland provide additional options for employment, shopping, dining, and entertainment. With three units, a detached garage, a full basement, and access to the amenities of Hanover and the surrounding region, 320 Spring Ave offers flexibility for both experienced investors and buyers looking for a creative path to property ownership. Live in one unit and offset expenses with rental income from the others, or operate the property as a full investment and take advantage of three separate rental opportunities in an established Hanover location.

Highlights

Listed by Dominic Nicholas Mallozzi , 4846498882 and Nathaniel Martin Barshinger , 7176684694 Real of Pennsylvania , 7173445577. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.13

Year Built

1940

County

York

Area

Hanover Boro (15267)

School District

Hanover Public

Listing ID

PAYK2111056

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
Air Cond:Window Unit(s)
Fireplaces:
Above Ground Sq Ft:1853
Basement:Full
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Garage Capacity:2
Zoning:RESIDENTIAL
Roof:Asphalt
Sewer:Public Sewer
Parking Features:Covered Parking,Detached Garage,Off Street,On Street,2+ Spaces,1+ Spaces
Principal Interest
$1,280
Taxes
$338

Home Price

$237,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$47,400
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,280.32

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,280.32 $337.67 $0.00 $1,617.98
Yearly $15,363.78 $4,052.00 $0.00 $19,415.78
Total $460,913.41 $121,560.00 $0.00 $582,473.41
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Hanover, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T17:14:43.000Z

© 2026 Bright MLS