155 N HANOVER ST, Carlisle, PA 17013
155 N HANOVER ST, Carlisle, PA 17013
155 N HANOVER ST, Carlisle, PA 17013
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Matthew D'Antonio

Matthew D'Antonio

+1(610) 213-4955
Listed by Jordan Ehring • Ehring & Co.
$459,900
Est. payment /mo
2,614 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PACB2053172

Year Built 1900

Annual Tax Amount $4,572

Tax Year 2024

Lot Size 2,614 Sqft

Acres 0.06

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

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.

Location

State PA

County Cumberland

Area Carlisle Boro (14402)

Zoning C-1

Interior

Hot Water Electric, Natural Gas

Heating Baseboard - Hot Water, Radiant, Baseboard - Electric

Cooling None

Heat Source Natural Gas, Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

High Schools Carlisle Area

School District Carlisle Area

Others

Tax ID 02-21-0320-013

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Read Less Info
Bright MLS (BMLS)

Nearby Locations

Matthew D'Antonio
Matthew D'Antonio

Agent | License ID: 319647

+1(610) 213-4955 | matt@mattdantonio.com

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