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159 N Hanover St
For Sale $1,100,000
$1,100,000
- 1 Bedrooms
- 1 Bathrooms
- Unknown Sq Ft
- 16,553 Sq Ft
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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,100,000 |
| Property Type | Single Family Homes |
| Usable Sqft | 0 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1900 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 02210320012 |
| MLS # | PACB2050538 |
| Property ID | 294359199 |
| Lot Sqft | 16,553 |
| Zoning | C-1 |
| Days on Market | 15 |
| Original List Price | Unknown |
| Date Updated | March 04, 2026 |
| Date Created | February 23, 2026 |
Listing Provided By
Jordan Ehring an agent of . Lic #RM425699
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Data last updated: March 10, 2026.
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Robert Crawford
REAL ESTATE AGENT