754 N Railroad Street
Palmyra, PA 17078
- – beds
- – baths
- 2,600 sqft
- 13,068 sqft lot
- $100 per sqft
- 1935 build
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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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Last updated Oct 17, 2024
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MLS# PALN2011710 —
The Building
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Year Built:1935
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Year Built Source:Assessor
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Roof:Metal
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New Construction:No
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Construction Materials:Vinyl Siding
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Building Units Total:2
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Structure Type:Detached
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Architectural Style:Cape Cod, Ranch/Rambler
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Accessibility Features:2+ Access Exits
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Foundation Details:Permanent
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Assessor
Interior
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:2600
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Living Area SqFt:2,600 Sqft
Financial & Terms
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Sale Type:Standard
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Buyer Financing:Cash
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Possession:Settlement, Subject to Existing Lease
Location
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Directions:Headed west on 422 at the square in Palmyra, turn right onto Railroad St. Property will be on the right hand side.
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Latitude:40.31822968
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Longitude:-76.60299683
The Property
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Property Subtype:Duplex
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Property Type:Multi-Family
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Lot Size Units:Square Feet
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Lot Size Acres:0.30
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Lot Size Source:Assessor
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Lot SqFt:13,068 Sqft
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Zoning Description:Multi-Family-Mixed Use
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Zoning:MU
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:319
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (717) 507-4377
- Office phone:
- (717) 769-2986
Taxes
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Tax ID Number:16-2288286-360837-0000
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Tax Year:2023
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Tax Annual Amount:$3,376
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Tax Assessed Value:$129,200
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Year Assessed:2023
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School Tax:2292.0
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County Tax:502.00
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City/Town Tax:487.00
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Total Taxes Payment Frequency:Annually
The Listing
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Close Sale Type:Standard Sale
Heating & Cooling
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Cooling Type:Central A/C, Window Unit(s)
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Schools
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School District Name:Palmyra Area
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School District Source:Listing Agent
The Community
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Pool:No Pool
Parking
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Garage:No
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Type of Parking:Off Street, Parking Lot
Extra Units
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Vacation Rental:No
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Single Room Units:1
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Three Bedroom Units:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
9/16/24
Sep 16, 2024
|
Sold | BRIGHT | $260,000 | -3.7% |
7/14/24
Jul 14, 2024
|
Pending | BRIGHT | $270,000 | |
9/20/23
Sep 20, 2023
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Listed / Active | BRIGHT | $270,000 |