155 N Hanover St., Carlisle, PA 17013

Carlisle
Local realty services provided by:Better Homes and Gardens Real Estate Reserve
155 N Hanover St.,Carlisle, PA 17013
$500,000
  • 1 Beds
  • 1 Baths
  • 2,614 sq. ft.
  • Townhouse
  • Active
Listed by: jordan ehring
Office: ehring & co.
MLS#:PACB2050566
Source:BRIGHTMLS

Price summary

  • Price:$500,000
  • Price per sq. ft.:$191.28

About this home

155–157 N Hanover St, Carlisle, PA 17013 — Value-Add 5-Unit with Upside + Commercial Opportunity Positioned on N Hanover St in downtown Carlisle, 155–157 N Hanover St is a 6-unit asset with immediate cash flow and clear upside through lease optimization and commercial repositioning. The property currently features four occupied residential apartments and a vacant commercial suite (marketed at $2,500/mo)—creating a compelling path to lift income through lease-up and/or re-tenanting of the commercial space. Financially, the offering supports $56,040 in potential rental income, $54,040 in effective rental income, and a Net Operating Income (NOI) of $37,184 with a manageable expense profile. Current occupancy is 80% as presented on the rent roll, driven by the commercial vacancy—making this a strong candidate for buyers seeking both stabilized income and a near-term value-add execution. Professionally managed by Ehring & Co., a premier boutique property management company based in...

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Home facts

  • Year built:1900
  • Listing ID #:PACB2050566
  • Added:46 day(s) ago
  • Updated:April 12, 2026 at 01:47 PM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:1
  • Full bathrooms:1
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:2,614 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Baseboard - Electric, Electric

Structure and exterior

  • Year built:1900
  • Building area:2,614 sq. ft.
  • Lot area:0.06 Acres
  • Architectural Style:Traditional
  • Foundation Description:Stone
  • Levels:3 Story

Schools

  • High school:CARLISLE AREA

Utilities

  • Water:Public
  • Sewer:Public Septic

Finances and disclosures

  • Price:$500,000
  • Price per sq. ft.:$191.28
  • Tax amount:$4,572 (2024)

Parking

  • Parking description:On Street

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