159 N Hanover St, Carlisle, PA 17013
Local realty services provided by:Better Homes and Gardens Real Estate Reserve
159 N Hanover St,Carlisle, PA 17013
$1,100,000
- 1 Beds
- 1 Baths
- - sq. ft.
- Townhouse
- Active
Listed by: jordan ehring
Office: ehring & co.
MLS#:PACB2050538
Source:BRIGHTMLS
Price summary
- Price:$1,100,000
About this home
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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Home facts
- Year built:1900
- Listing ID #:PACB2050538
- Added:1 day(s) ago
- Updated:February 26, 2026 at 06:45 AM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Full bathrooms:1
Heating and cooling
- Cooling:Central A/C, Window Unit(s)
- Heating:Baseboard - Hot Water, Natural Gas
Structure and exterior
- Year built:1900
- Lot area:0.38 Acres
Schools
- High school:CARLISLE AREA
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,100,000
- Tax amount:$11,924 (2024)
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