For Sale

Listed by Jordan Ehring

Source: Bright MLS #PACB2050566

155 North Hanover Street, Carlisle, PA, 17013

$500,000

1
1
2614 sq. ft.
2614 sq. ft.

Townhouse

30+ days on the market

What's around 155 North Hanover Street

About this property

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.

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Other property for sale by Ehring & Co.

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3
1
1
Townhouse
Listing courtesy of Ehring & Co.

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