159 N Hanover St

Carlisle, PA 17013
  • $1,100,000

    Price
  • 1

    Bed
  • 1

    Bath
  • 0

    SqFt

About the Listing EHRNG1 - 3249672

159–163 N Hanover St, Carlisle, PA 17013 — 100% Occupied Mixed-Use with Strong In-Place NOI 159–163 N Hanover St is a mixed-use investment property in downtown Carlisle offering a blend of residential and commercial tenancy with 100% occupancy reflected on the current rent roll. The income stream includes multiple apartment units plus commercial tenancy, creating diversification and stability (with additional ancillary income shown on the rent roll). The operating summary indicates $120,440 in potential rental income, $115,440 in effective rental income, and a compelling $73,522 NOI—supported by a clearly defined expense set and strong in-place performance. For investors targeting a downtown Carlisle footprint, this asset offers a turnkey operating profile today with the opportunity to improve returns over time through strategic rent growth, expense management, and tenant retention. Professionally managed by Ehring & Co., a premier boutique property management company based in Harrisburg, PA—delivering responsive tenant communication, disciplined maintenance coordination, and consistent owner reporting.

Listing Highlights

Status Active
Days on Site 25
Property Type Townhome
MLS ® PACB2050538
Year Built 1900
Total Square Footage 0
Lot/Acreage 0.38
County Cumberland
Neighborhood Carlisle Borough
School District Carlisle Area
High School Carlisle Area

Interior Details

  • Bedrooms: 1
  • Bathrooms: 1 Full
  • Appliances:
  • Air Cond: Central A/C,Window Unit(s)
  • Heating: Baseboard - Hot Water
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 0
  • Below Ground Sq Ft: 0
  • Basement:
  • Other: Main Floor Bedrooms: 1
  • Water: Public

Exterior Details

  • Lot Description: Not New Construction,Horse Property: No
  • Garage Capacity: N/A
  • Parking Spaces: 20
  • Zoning: C-1 Central Business District
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Off Street,Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces

Financial Details

  • Tax Amount: $11,924
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2024

Payment Calculator

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Questions About..

159 N Hanover St Carlisle, PA 17013

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Originating MLS: BRIGHT_MAIN

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