$1,100,000

159 N HANOVER ST, Carlisle, PA 17013

  • 1 bed |
  • 1 bath
  • Property Icon Town Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon0.38acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 26 days ago

Property 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.

Listing Status:
Active
Data Last Updated:
March 23, 2026 at 4:18AM
Listing Office:
Ehring & Co. : 7172561006
Listing Agent:
Jordan Ehring : 7178393745
MLS ID:
PACB2050538
  • Basement: Other
  • A/C: Central A/CWindow Unit(s)
  • Heating: Baseboard - Hot WaterNatural Gas
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: Traditional
  • General: Other3Stone
  • Originating MLS: BRIGHT_MAIN
  • School District: CARLISLE AREA
  • County: CUMBERLAND-PA
  • Zoning: C-102-21-0320-012
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Jordan Ehring , Ehring & Co.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

L

Letort Elementary School

110 E South St, Carlisle, PA, 17013

Grades KG-5

0.50 miles away

L

Lamberton Middle School

777 S Hanover St, Carlisle, PA, 17013

Grades 6-8

0.93 miles away

C

Carlisle Area High School

623 W Penn St, Carlisle, PA, 17013

Grades 9-12

1.01 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.