754 N Railroad Street Palmyra, PA $ 270,000
754 N Railroad Street
$ 270,000
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754 N Railroad Street

Palmyra, PA, 17078
$ 270,000
Bedrooms3 Baths0.0

Monthly Estimate*

$ 1,795

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Multi-Family Home for sale in Palmyra, PA

for $270,000 with 3 bedrooms. This home was built in 1935 on a lot size of 0.3.

Excellent investment opportunity with 2 buildings on one parcel, very close to Hershey! The front building is approximately 700 sq ft and a 2 year commercial lease was signed with a hair salon on 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 a bathroom. That building is currently vacant due to lack of parking for the rear building to be able to accomodate most business types. The owners will be starting renovations to convert back into a single family residence very soon and will be taking this property off the market once they begin construction. So don't delay, schedule your appointment to view today!

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Multi-Family Active

Price

$ 270,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 3,376

Style

Cape Cod,Ranch/Rambler

Lot Size

0.3

Year Built

1935

Town/City

Palmyra

County/Region

Lebanon

MLS | Web ID

PALN2011710

Features
Interior
Heating Fuel Natural Gas
Hot Water Electric
Heating Y/N Y
Fireplace Y/N N
Street Suffix STREET
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C Window Unit(s)
Possession Settlement Subject to Existing Lease
Roof Metal
Zoning MU
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
Municipality PALMYRA BORO
Accessibility 2+ Access Exits
County LEBANON
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
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.
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
Waterfront Y/N N
Street Name RAILROAD
Tax Annual Amount 3376.0
Two Bedroom 0
Structure Type Detached
Price Per Sq Ft Total 103.85
Vacation Rental Y/N N
Days on Market 230
Standard Status Active
Year Built Source Assessor
Buyer Agent Compensation Type % Of Gross
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Exterior
Pool No Pool
Water Source Public
Type of Parking Off Street Parking Lot
Foundation Details Permanent
Water View Y/N N
Lot Size Acres 0.30
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 51500.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 754
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* Excluded Features
List By
Iron Valley Real Estate

Broker

jason@shayteam.com

Email

Affordability Calculator

$2,076
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,795
Monthly Property Taxes
$281
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2137043 Elementary School
4306026 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/19/2023$270,000 Listed Price

Map


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754 N Railroad Street, Palmyra, PA, 17078 is a Multi-Family Home for sale at $270,000 with a lot size of 0.3. 754 N Railroad Street has 3 bedrooms, 0.0 baths, and was built in 1935. The property's zip code is 17078 which is in Palmyra, PA