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40-42 Diamond Avenue, Hanover Twp, PA 18706

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For Sale

$450,000

2,688 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • $167.41
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Calling all savvy investors and visionary buyers! This mixed-use property features 4 residential units and 1 street-level commercial unit, offering multiple streams of income in one promising package. While the property does need work, it presents a rare chance to add value and build significant equity.The residential units include a mix of 1 and 2-bedroom layouts, each with solid bones and great natural light--ready for renovation or upgrades to boost rental income. The commercial space, with high visibility and foot traffic, is perfect for retail, office, or service use, and offers the potential for a strong anchor tenant once refreshed.Located in a growing area with ongoing development, this property is ideally positioned for long-term appreciation. Whether you're looking to rehab and hold, convert units, or reposition the commercial space, the upside is undeniable.
MLS# SC255418

Courtesy Of Realty Network Group

(570) 585-6880

Property Features

  • Age
    Over 50 Years Old
  • Lot Size
    0.13 Acres

Map and Directions

Directions to 40-42 Diamond Avenue, Hanover Twp, PA 18706

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Copyright © 2025 Greater Scranton Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.