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155-163 N Hanover St Portfolio 2 Properties Offered at $2,233,472 CAD in Carlisle, PA

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INVESTMENT HIGHLIGHTS

  • Stabilized 15-Unit Portfolio – 11 residential apartments (1BR/1BA) + 4 ground-floor commercial suites.
  • Operational Efficiencies – Two connected parcels (155–157 & 159–163 N Hanover St) create scale and streamlined management.
  • Attractive Price Point – Listed at $1,600,000, appealing to cash-flow investors and 1031 exchange buyers.
  • Prime Downtown Carlisle Location – High walkability with strong tenant demand near retail, dining, and services.
  • Strong In-Place Income – Consistent occupancy with opportunity to drive NOI through strategic rent optimization.
  • Connectivity – Excellent access to major highways and employment centers across Central Pennsylvania.

EXECUTIVE SUMMARY

SCOPE Commercial Real Estate Services, LLC (“SCOPE”) is pleased to present the opportunity to acquire a stabilized 15-unit multifamily portfolio consisting of two
properties in the heart of Downtown Carlisle, Pennsylvania.
The offering consists of 155-157 N Hanover St and 159-163 N Hanover St connected to each other, offering operational efficiencies and tenant demand driven by walkability, connectivity, and access to major High-ways and employment centers. The mixed-use property features 11 one-bedroom, one-bathroom units and 4 first floor commercial suites, strong in-place income, and upside through strategic rent optimization.
With consistent occupancy and immediate scale in a high-demand rental corridor, this offering is ideal for cash flow-focused investors and 1031 exchange buyers seeking longterm growth.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $2,233,472 CAD
Price / SF $124.94 CAD / SF
Cap Rate 6.54%
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 17,876 SF
Total Land Area 0.39 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
155 N Hanover St, Carlisle, PA 17013 Multifamily 5,000 SF 2000 -
159-163 N Hanover St, Carlisle, PA 17013 Office 12,876 SF 1900 -
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  • Listing ID: 37959000

  • Date on Market: 2025-10-06

  • Last Updated:

  • Address: 155-163 N Hanover St Portfolio, Carlisle, PA

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