Sold

159 N HANOVER St, Carlisle, PA 17013

Bed
1
Bath
1

View property features, location on map, relevant school information and overview from seller's agent.

Listed byEhring & Co.
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Overview

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.

Location

Full feature list

Basic info

Property type
Other residential
Number of bedrooms
1
Number of bathrooms
1
Lot size (acres)
0.38
Year built
1900

Interior features

Basement
Yes

Utilities

Heating
Natural Gas
Cooling
Window Units, Central Air

Taxes

Tax Annual Amount (2024)
$11,924

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Bright MLS MLS®#: PACB2050538 Last checked:

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