New Construction
Address
238 Centennial Avenue, Hanover, PA
Price
$ 2,080,000
Property Attributes
- MLS#PAYK2111516
- TypeCommercial
- Listing Status ACTIVE
- CountyYORK
- CityHanover
- AreaHanover Boro
- Zip17331
- StyleApartment Building
- Year Built2026
- Taxes$ 1177
- Price$ 2,080,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage11200
- Lot Size0.39 Acres
Data Source:
Bright MLS
Property Description
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.
| Price History | |
|---|---|
| 9/9/2026 | Listed $2,080,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Other |
| Cooling | Other |
| Possession | Settlement |
| Zoning | R5 |
| Construction Materials | Brick |
| Year Built | 2026 |
| Property Subtype | Five Or More Units |
| Tax Year | 2026 |
| Ownership | Fee Simple |
| Cool Fuel | Other |
| Section | HANOVER |
| Business Type | Apartment Building |
| Accessibility | None |
| County | YORK |
| New Construction | Yes |
| Property Type | Commercial Sale |
| Possible Use | Apartments,Multi-Family |
| Water Access Y/N | No |
| Status | ACTIVE |
| Directions | From Hanover Square,take Frederick Street (Route 194) south toward Littlestown. Turn left onto Centennial Avenue. Continue on Centennial Avenue to 238 Centennial Avenue; property is on the right. |
| City | HANOVER |
| Number Of Units Total | 2 |
| MLS Area | Hanover Boro (15267) |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 17001.00 |
| Tax Assessed Value | 31600.0 |
| Tax Annual Amount | 1177.0 |
| Property Condition | Excellent |
| Price Per Sq Ft Total AG | 185.71 |
| Construction Completed Y/N | No |
| Vacation Rental Y/N | No |
| Standard Status | Active |
| Year Built Source | Estimated |
| Tax Lot | 0371 |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Hot Water | Other |
| Total Stories | 2 |
| Heating Y/N | Yes |
| Central Air Y/N | No |
Exterior Features
| Water Source | Public |
|---|---|
| Total Parking Spaces | 16 |
| Type of Parking | Parking Lot |
| Water View Y/N | No |
| Building Area Total | 11200.00 |
| Lot Size Acres | 0.39 |
| Road Surface Type | Paved |
| Lot Size Source | Estimated |
| Waterfront Y/N | No |
| Land Assessed Value | 0.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| Car Parking Spaces | 16 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 17331
Price
Taxes
Year Built
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Updated on September 28, 2026 6:28 PM UTC
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All or a portion of the multiple listing information is provided by the Williamsburg Multiple Listing Service, LLC, from a copyrighted compilation of listings. All WMLS information provided is deemed reliable but is not guaranteed accurate. The compilation of listings and each individual listing are ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.
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