616 3rd Street

Closed 5/29/24

Last Sold Price

$240,000

3,000 sqft$80/sqft

616 3rd St, Hanover, PA 17331

Description

Welcome to this fantastic investment opportunity in McSherrystown, PA! This 4-unit detached property is perfect for multi-unit investors seeking to expand their portfolio. With 2 units on the first floor and 2 on the second floor, each featuring 1 bedroom, 1 bathroom, kitchen, and living area this property offers a total of 3,000 square feet of living space. Situated in the Conewago Valley School District, it presents an amazing chance to own a cash-flowing investment property. Tenants and guests...Welcome to this fantastic investment opportunity in McSherrystown, PA! This 4-unit detached property is perfect for multi-unit investors seeking to expand their portfolio. With 2 units on the first floor and 2 on the second floor, each featuring 1 bedroom, 1 bathroom, kitchen, and living area this property offers a total of 3,000 square feet of living space. Situated in the Conewago Valley School District, it presents an amazing chance to own a cash-flowing investment property. Tenants and guests will appreciate the convenience of off-street parking area, providing ease and accessibility. Currently, the owner covers all utilities, and all units are leased, ensuring immediate income for the new owner. Don't miss out on this lucrative opportunity – schedule your showing today and secure your place in the thriving rental market!

LISTING CLOSED: 05/29/2024 12:00 AM

Listed by Elisabeth P. Hamberger • Keller Williams Keystone Realty
P: (717) 577-0814 lizhamberger@gmail.com

Property Details for 616 3rd Street

Status

Closed

MLS #

PAAD2012806

Days on Market

Taxes

$3,085 / year

HOA Fees

Condo/Co-op Fees

Property Type

Multi Family

MLS Type

Multi-Family / Fee Simple

Year Built

1925

Lot Size

0.09 AC / 3,920 SF

County

Adams County

Tax ID Number

08008-0235---000

Ownership

Fee Simple

Structure Type

Detached

Style

Traditional

Waterfront

Garage

Subdivision

CONEWAGO TWP

Subdivision

CONEWAGO TWP (ADAMS PA)

Municipality

CONEWAGO TWP

Central Air

Basement

Yes

Above Grade Finished SQFT

3,000.00

Above Grade Fin SQFT Source

Assessor

Below Grade Unfinished SQFT

600.00

Below Grade Unfin SQFT Source

Estimated

Total Below Grade SQFT

600.00

Total Below Grade SQFT Source

Estimated

New Construction

Recent comparable sales

Median sold price

$260,000

Avg days on market

Sale-to-list ratio

87.7%

1/29

$260,000

Sold 12/10/24

Unavailable
Bedrooms: Unavailable
Bathrooms: 2,780
Square Feet: 0.20
Acres

319 Centennial Avenue, Hanover, PA 17331

1/14

$277,000

Sold 07/08/26

Unavailable
Bedrooms: Unavailable
Bathrooms: 3,288
Square Feet: 0.07
Acres

146 Pleasant Street, Hanover, PA 17331

a front view of a residential apartment building with a yard

1/2

$322,000

Sold 03/16/26

Unavailable
Bedrooms: Unavailable
Bathrooms: 2,664
Square Feet: 0.11
Acres

412 High Street, Hanover, PA 17331

1/52

$358,000

Sold 10/29/24

Unavailable
Bedrooms: Unavailable
Bathrooms: 2,681
Square Feet: 0.10
Acres

333 High Street, Hanover, PA 17331

a view of a brick house with a swimming pool in front of it

1/13

$200,000

Sold 01/21/26

Unavailable
Bedrooms: Unavailable
Bathrooms: 1,816
Square Feet: 0.15
Acres

219 North 3rd Street, Hanover, PA 17331

1/5

$365,000

Sold 05/26/26

Unavailable
Bedrooms: Unavailable
Bathrooms: 3,360
Square Feet: 0.12
Acres

226 Poplar Street, Hanover, PA 17331

a front view of house with yard swimming pool and outdoor seating

1/4

$217,500

Sold 02/02/26

Unavailable
Bedrooms: Unavailable
Bathrooms: 1,381
Square Feet: 0.15
Acres

399 Frederick Street, Hanover, PA 17331

1/28

$205,000

Sold 12/10/24

Unavailable
Bedrooms: Unavailable
Bathrooms: 1,400
Square Feet: 0.04
Acres

222 North Franklin Street, Hanover, PA 17331

1/42

$205,000

Sold 12/03/25

Unavailable
Bedrooms: Unavailable
Bathrooms: 1,680
Square Feet: 0.19
Acres

523 Frederick Street, Hanover, PA 17331

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Location

Listing Courtesy of Keller Williams Keystone Realty

Sold By RE/MAX Quality Service, Inc.

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Building Information for 616 3rd Street

Stories-Residences4Year Built1925Building Size-Lot Size0.09 AC / 3,920 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage¹

$1,477 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,220

Property Taxes

$257

HOA Dues

The Payment Calculator is for illustrative purposes only.

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Property Information for 616 3rd Street

Location

School District Name: CONEWAGO VALLEY
School District County ID: 300200396431

SchoolDistrictSource: 3rd Party
Middle Or Junior School: CONEWAGO VALLEY (ADAMS PA)
MiddleSchoolSource: Listing Agent
High School: CONESTOGA VALLEY (ADAMS PA)
HighSchoolSource: Listing Agent
County: ADAMS
MLS Area: Conewago Twp (14308)

Waterfront / Water Access

Water View: No
Water Access: No

Water Oriented: No
Navigable Water: No
Tidal Water: No
Riparian Rights Y/N: No

Taxes and Assessment

Tax Year: 2023
Tax Assessed Value: $139,500

Year Assessed: 2024
County Tax: $619
Improvement Assessed Value: $114,900
City Town Tax: $280
Land Assessed Value: $24,600
Clean Green Assessed: No
Land Use Code: 103
Zoning: RESIDENTIAL
Tax Lot: 0235
School Tax: $2,185
Automatically Update Tax Values Y/N: Yes

Lease Information

Owner Pays: Sewer, Water, Trash Collection, Electricity, Heat
Concessions: Yes

Concessions Amount: $1,400

Unit Information

Single Room Units Count: 0
One Bedroom Units Count: 4

Two Bedroom Units Count: 0
Three Bedroom Units Count: 0
Units Leased Count: 4
Number Of Units Vacant: 0
Number Of Units Month To Month: 4
Rent Control: No

Financial Information

Existing Lease Type: Month to Month

Building Info

Building Units Total: 4
Total Finished SQFT: 3,000.00

Total Finished SQFT Source: Assessor
Tax Total Finished SQFT: 3,000.00
Total SQFT: 3,600.00
Total SQFT Source: Estimated
Construction Materials: Stick Built
Roof: Asphalt, Shingle
Ext Main Mid-res: http://bright-media01.prd.brightmls.com/bright/images/0000/8030/2919/0062/803029190062_512_384_WM_3z5KMFXzuEG6bM9x.jpg
Basement Type: Partial
Foundation Details: Stone

Lot / Land Information

Lot Size Source: Assessor
Parcel ID: 11217029

Parking

Type Of Parking: Parking Lot, Off Street

Interior Features

Accessibility Features: 2+ Access Exits

Exterior Features

Pool: No Pool
Other Structures: Above Grade

Utilities

Heating: Yes
Cooling Type: None

Cooling Fuel: None
Heating Type: Hot Water
Heating Fuel: Oil
Hot Water: Electric
Water Source: Public
Sewer Septic: Public Sewer

Confidential Data

Listing Office

List Agent AOR: REALTORS Association of York & Adams Counties (PA)

Property History for 616 3rd Street

Date	Event & Source	Price	Appreciation
May 29, 2024	Closed (Public Record) Public Record #1533678523	$240,000	—
May 29, 2024	Closed BRIGHT #PAAD2012806	$240,000	—
May 16, 2024	Pending BRIGHT #PAAD2012806		—
Apr 29, 2024	Listed (Active) BRIGHT #PAAD2012806	$274,995	—

Date	Event & Source	Price
05/29/2024	Closed (Public Record) Public Record #1533678523	$240,000
05/29/2024	Closed BRIGHT #PAAD2012806	$240,000
05/16/2024	Pending BRIGHT #PAAD2012806	—
04/29/2024	Listed (Active) BRIGHT #PAAD2012806	$274,995

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 616 3rd Street

Taxable ValueLand$25,200Additions$119,700Total$144,900

Tax Record2026$3,533 ($294 / month)

Home Facts

Baths3Total Finished SqFt3,145 SqFtAbove Grade Finished SqFt3,145 SqFtLot Size4,356 SqFtStyleMulti-Family Res (5+ Units)Year Built1925CountyADAMSAPN08 008-0235---000

Schools near 616 3rd Street

This home is within Conewago Valley School District.


Rating	School	Type	Grades	Distance
7/10	Conewago Township Elementary School	Public - Nearby school	K to 3	0.3 mi
7/10	New Oxford Middle School	Public - Nearby school	7 to 8	5.2 mi
6/10	New Oxford Senior High School	Public - Serves this home	9 to 12	5.2 mi
8/10	New Oxford El School	Public - Nearby school	K to 3	5.0 mi
5/10	Conewago Valley Intermediate School	Public - Nearby school	4 to 6	5.7 mi
NR	Delone Catholic High School	Private - Nearby school	9 to 12	0.3 mi
NR	St. Vincent De Paul School	Private - Nearby school	K to 8	0.6 mi
NR	Saint Teresa of Calcutta Catholic School	Private - Nearby school	PK to 8	0.7 mi


Rating	School	Distance
7/10	Conewago Township Elementary School PublicK to 3 Nearby school	0.3 mi
7/10	New Oxford Middle School Public7 to 8 Nearby school	5.2 mi
6/10	New Oxford Senior High School Public9 to 12 Serves this home	5.2 mi
8/10	New Oxford El School PublicK to 3 Nearby school	5.0 mi
5/10	Conewago Valley Intermediate School Public4 to 6 Nearby school	5.7 mi
NR	Delone Catholic High School Private9 to 12 Nearby school	0.3 mi
NR	St. Vincent De Paul School PrivateK to 8 Nearby school	0.6 mi
NR	Saint Teresa of Calcutta Catholic School PrivatePK to 8 Nearby school	0.7 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 616 3rd Street, Hanover, PA 17331	$240,000	–	–	3,000	3,920
614 3rd Street, Hanover, PA 17331	–	–	2	2,774	8,276
112 South Jefferson Street, Hanover, PA 17331	$129,800	3	1	1,310	5,227
618 3rd Street, Hanover, PA 17331	–	3	1	1,836	4,356
114 South Jefferson Street, Hanover, PA 17331	$140,000	2	2	1,011	7,620
108 South Jefferson Street, Hanover, PA 17331	$75,000	3	1	1,532	5,227
622 3rd Street, Hanover, PA 17331	$89,900	2	2	1,366	6,969
116 South Jefferson Street, Hanover, PA 17331	$212,995	3	2	1,186	6,534
628 3rd Street, Hanover, PA 17331	–	4	1	1,500	8,712
200 South Jefferson Street, Hanover, PA 17331	–	4	2	1,428	6,098
626 3rd Street, Hanover, PA 17331	$69,000	3	1	1,332	11,761
600 3rd Street, Hanover, PA 17331	–	–	–	–	–
204 South Jefferson Street, Hanover, PA 17331	–	–	2	1,616	7,405
333 South Street, Hanover, PA 17331	–	2	1	1,178	9,148
630 3rd Street, Hanover, PA 17331	$78,900	3	1	1,487	–
334 South Street, Hanover, PA 17331	$173,500	3	2	1,158	9,583

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Listing Courtesy of Keller Williams Keystone Realty

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Hanover, PA

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