Views
Address
754 N Railroad Street, Palmyra, PA
Price
$ 270,000
Property Attributes
- MLS#PALN2011710
- TypeMulti-Family
- CountyLEBANON
- CityPalmyra
- AreaPalmyra Boro
- Zip17078
- StyleCape Cod,Ranch/Rambler
- Year Built1935
- Taxes$ 3376
- Price$ 270,000
- Bedrooms3
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.3 Acres
Data Source:
Bright MLS
Property Description
Excellent investment opportunity with 2 buildings on one parcel in Palmyra Borough. Very close to Hershey! Current zoning is residential however it is approved for use for personal services (i.e. barber and beauty or tanning salons; dry-cleaning and laundry pickup/dropoff facilities; music, art or photographic studios and repair of clocks, electronics, computers and small appliances). The front building is approximately 700 sq ft and a 2 year commercial lease was signed with a hair salon beginning October 1st,2023. Rental income is $950/mo for the first 9 months and then it will automatically increase to 1,100 a month. There are 6 parking spots in the small lot with the salon. The back building is approximately 1800 sq ft and is set up with 7 suites, a laundry room, and bathroom and is currently vacant. Change of use may be possible with an approved application through the Palmyra Borough. Don't delay, schedule your appointment to view today!
| Price History | |
|---|---|
| 9/19/2023 | Listed $270,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Cooling | Central A/C,Window Unit(s) |
| Possession | Settlement,Subject to Existing Lease |
| Roof | Metal |
| Zoning | MU |
| Pool Y/N | No Pool |
| Architectural Style | Cape Cod,Ranch/Rambler |
| Construction Materials | Vinyl Siding |
| Year Built | 1935 |
| Property SubType | Duplex |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Accessibility | 2+ Access Exits |
| County | LEBANON |
| New Construction | No |
| Property Type | Multi-Family |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Status | ACTIVE |
| Directions | Headed west on 422 at the square in Palmyra,turn right onto Railroad St. Property will be on the right hand side. |
| ModificationTimestamp | 2024-04-13T05:16:15 |
| City | PALMYRA |
| Buyer Agent Compensation | 2.5 |
| Disclosures | Prop Disclosure |
| Zoning Description | Multi-Family-Mixed Use |
| Total Units | 2 |
| MLS Area | Palmyra Boro (13216) |
| Lot Size Square Feet | 13068.00 |
| Tax Assessed Value | 129200.0 |
| Waterfront Y/N | No |
| Street Name | RAILROAD |
| Tax Annual Amount | 3376.0 |
| Structure Type | Detached |
| Single Room Units Count | 1 |
| NumberOfUnitsVacant | 1 |
| Price Per Sq Ft | 103.85 |
| Vacation Rental Y/N | No |
| Total SQFT | 2600 |
| Days on Market | 210 |
| Standard Status | Active |
| Year Built Source | Assessor |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Hot Water | Electric |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | STREET |
| Central Air Y/N | Yes |
| LivingAreaSource | Estimated |
| Three Bedroom Units Count | 1 |
Exterior Features
| Water Source | Public |
|---|---|
| Type of Parking | Off Street,Parking Lot |
| Land Use Code | 319 |
| Foundation Details | Permanent |
| Water View Y/N | No |
| Lot Size Acres | 0.30 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Land Assessed Value | 51500.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 17078
Price
Taxes
Visits
Year Built
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