Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2026
Sq.Footage
11,200
Presenting Centennial Court, a newly designed eight-unit townhome development on Centennial Avenue in the heart of Hanover, York County, Pennsylvania. This project is in construction stage. Architect-designed by Duckham Architecture & Interiors, the project consists of two four-unit buildings totaling 11,200 square feet, with each unit offering 1,400 SF across three stories — three bedrooms, two bathrooms, a first-floor family room, dining room, kitchen, mudroom, powder room, and private front porch and rear patio. The craftsman-influenced exterior features stone veneer, board-and-batten siding, and pitched gable rooflines, delivering the kind of curb appeal that attracts and retains quality tenants. All utilities are separately metered and paid by tenants, and the exterior is tenant-maintained, keeping operating costs lean. At an asking price of $2,080,000 ($260,000 per unit), the project is offered at a 6.42% CAP rate with projected rents of $2,100 per unit per month. Hanover is an ideal location for this type of investment. The borough's population of approximately 17,000 is growing steadily, and nearly half of all households are renters — a built-in, durable demand base. Yet the housing stock is aging, and new construction of this quality is genuinely scarce. Centennial Court's downtown location puts residents within walking distance of Hanover's commercial core, parks, and community amenities — exactly the kind of walkable, low-maintenance living that today's renters seek and are willing to pay a premium for.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Other
-
Heating YN
YES
-
Heating
Natural Gas, Other
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
Parking Lot
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.39
-
Lot Size(square feet)
17,001
-
Property Type
Commercial Sale
Price
-
Sales Price
$2,080,000
-
Tax Amount
$1,177
-
Zoning
High density residential
-
Sq. Footage
11,200
-
Price/SqFt
$185
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
New Construction
YES
-
Sewer
Public Sewer
-
Tax Lot
0371
-
Water Source
Public
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Location
County
YORK
Elementary School
Middle School
High School
Listing Courtesy of Naomi E Brown, Clear Multifamily LLC
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AGENT
Brittany Reaver
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