BEDS1
BATHS1 full
MLS#PACB2050538
STATUSACTIVE
PROPERTY TYPEResidential - Townhouse
SUBDIVISIONCARLISLE BOROUGH
SCHOOLCARLISLE AREA
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.
Property Features
Property Type: Residential - Townhouse
Basement: Yes
Cooling: Central A/C, Window Unit(s)
Fuel Type: Natural Gas
Heating: Baseboard - Hot Water
Home Style: Traditional
Lot Size: 0.38 Acres
Stories: 3.0
Taxes: $11,924
Year Built: 1900
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Lot Dimensions: 0.38 Acre(S)
Municipality: CARLISLE BORO
Parking Notes: 20 Total Parking Spaces
Sewer: Public Sewer
Structure Type: End of Row/Townhouse
Total Garage/Parking Spaces: 20
Water: Public
Local Schools
High School: CARLISLE AREA
School District: CARLISLE AREA
Listed By / Shown By
Listed By
Agency Name: Ehring & Co.
Agency Phone: 7172561006
Shown By
Agent Name: Loree Foster Team
Agent Phone: (717) 253-2987
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First AmericanEstimate Your Payment
Estimated Payment
$ 3,762.62 per month $2,448.12 Principal & Interest $993.67 Property Tax $320.83 Homeowner's Insurance
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
159 N Hanover Street | MLS# PACB2050538
This townhouse located at 159 N Hanover Street, Carlisle, PA 17013 is currently listed for sale with an asking price of $1,100,000. This property was built in 1900 and has 1 bedrooms and 1 full baths. N Hanover Street is located in the CARLISLE BOROUGH subdivision within the CARLISLE AREA school district. Search CARLISLE BOROUGH real estate on www.loreefosterteam.com today.