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359 Main, 
Mcsherrystown, PA 17344

$929,900


Bed


Bath


5,180

Sq Ft


Multi-Family

Active

Listed by

Naomi E Brown

Capstone Commercial, (717) 819-2825, realtornaomibrown@gmail.com

Last updated:

July 10, 2026, 01:40 PM

MLS#

PAAD2023930

Source:

BRIGHTMLS

About This Home

359 Main

Established 17 Room boarding house plus two garage rentals is offered for sale in the suburbs of Hanover. Long time owners have taken great care of this well built property, and have a long established tenant base. This property has a Labor & Industry Certificate for code items, and is a long standing established Boarding house under the Commercial 1 zoning in McSherrystown Borough. The property was constructed in 1930 originally as a well built grand home, and was converted into a group home and later Boarding House. The property consists of 17 rooms over 4 floors. There are 3 Common bathrooms and one room that has a private bath. Residents use a common kitchen and have access to laundry area in basement. There are several generous porches for tenant use around the exterior, and on site parking for 17 cars. Many of the major components of the building are well within useful life, with the roof, Boiler, water heater all 10 years old approximately or newer. Each room is all- inclusive, with the Landlord covering the utilities, common area cleaning, Wi-Fi access, parking and basic furniture included. This increases the appeal for the tenant base with rent that provides all of their living costs. Each tenant signs an initial 6-month lease, converting to Month-to-Month at lease end. They are provided an option to pay weekly or monthly for rent. There is significant upside on rents, as Landlord has not recently done an increase, but has completed nice cosmetic upgrades recently. With significant operating efficiency and great upside in rents, The McSherrystown Rooming house presents investors opportunity to realize current 7% Cap with upside to 9% Cap.

Home Facts

Multi-Family

Built in 1930

Price Summary

929,900

$179 per Sq. Ft.

MLS #:

PAAD2023930

Last Updated:

July 10, 2026, 01:40 PM

Added:

a month ago


Structure

Structure

Building Area:

5,180 Sq. Ft.

Year Built:

1930


Lot

Lot Size (Sq. Ft):

18,730


Finances & Disclosures

Finances

Price:

$929,900

Price per Sq. Ft:

$179 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Bright Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.