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155 North Hanover Street

Carlisle PA 17013

1
1
2614 sq. ft.
2614 sq. ft.
Townhouse
Currently for sale - view listing

Overview

155–157 N Hanover St, Carlisle, PA 17013 — Value-Add 5-Unit with Upside + Commercial Opportunity Positioned on N Hanover St in downtown Carlisle, 155–157 N Hanover St is a 6-unit asset with immediate cash flow and clear upside through lease optimization and commercial repositioning. The property currently features four occupied residential apartments and a vacant commercial suite (marketed at $2,500/mo)—creating a compelling path to lift income through lease-up and/or re-tenanting of the commercial space. Financially, the offering supports $56,040 in potential rental income, $54,040 in effective rental income, and a Net Operating Income (NOI) of $37,184 with a manageable expense profile. Current occupancy is 80% as presented on the rent roll, driven by the commercial vacancy—making this a strong candidate for buyers seeking both stabilized income and a near-term value-add execution. Professionally managed by Ehring & Co., a premier boutique property management company based in Harrisburg, PA, with systems and reporting in place for a clean transition and continued operational consistency.

Features

1 bedroom
1 bathroom
2614 sq. ft. floor area
2614 sq. ft. lot size
Townhouse

Happy sellers in Carlisle

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We have insufficient information to provide an overview of customer satisfaction for Carlisle. Viewing the agent profiles, reviews and sales for Carlisle can provide insights for this location.

Local market activity for 1 bedroom townhouses in Carlisle

In the last 12 months, 1 one-bedroom townhouse similar to 155 North Hanover Street, have been sold.

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Sales:
(619) 566-0008
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