159 N Hanover St, Carlisle, PA 17013
- $1,000,000
- 1
- BD
- 1
- BA
- Sold Price
- $1,000,000
- List Price
- $1,100,000
- Closing Date
- May 28, 2026
- Status
- CLOSED
- MLS#
- PACB2050538
- Bedrooms
- 1
- Bathrooms
- 1
- Full Baths
- 1
- Lot Size (Acres)
- 0.38
- Style
- Traditional
- Year Built
- 1900
- County
- Cumberland
- School District
- Carlisle Area
Property Description
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.
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Additional Information
- Area
- Carlisle Boro (14402)
- Subdivision
- Carlisle Borough
- School District
- Carlisle Area
- High School
- Carlisle Area
- Heating
- Baseboard
- Cooling
- Central Air, Window/Wall
- Water
- Public
- Sewer
- Public Sewer
- Basement
- Other
Mortgage Calculator
Listing courtesy of Ehring & Co.. Contact:
Selling Office: Howard Hanna Company-Carlisle.