CHARIS REALTY GROUP

Traditional

159 N HANOVER STREET

CARLISLE , PA 17013

MLS#: PACB2050538

$1,100,000

Status: Active
Listing number: PACB2050538
Listing provided by: Ehring & Co.
Listing agent phone: None
Last update: a day ago
New on site 2 days ago
Browse Properties
CARLISLE BOROUGH - Residential

Property

Beds

1

Full Baths

1

1/2 Baths

None

Year Built

1900

Sq.Footage

N/A

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.

Features & Amenities

Interior

  • Total Bedrooms

    1

  • Bathrooms

    1

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air, Window Unit(s), Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Baseboard

  • Main Level Bedrooms

    1

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Other

  • Parking

    Off Street, Parking Lot

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.38

  • Property Type

    Residential

  • Property Sub Type

    Townhouse

  • Architectural Style

    Traditional

Price

  • Sales Price

    $1,100,000

  • Tax Amount

    $11,924

  • Zoning

    C-1 Central Business District

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    CARLISLE AREA

Property Features

  • Foundation Details

    Stone

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    1

  • Water Source

    Public

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Location

County

CUMBERLAND

Elementary School

Middle School

High School

CARLISLE AREA

Listing Courtesy of Jordan Ehring , Ehring & Co.

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Agent Rachel Gardner

AGENT

Rachel Gardner

Call Rachel today to schedule a private showing.

(814) 977-4341

rachel@charisrealty.com


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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.

159 N HANOVER STREET

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