754 N RAILROAD STREET
PALMYRA, PA 17078
$270,000
Number of Units: 2
Type: Multi-Unit Residential
Listing #PALN2011710
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!
Listing Courtesy of: Iron Valley Real Estate (717) 769-2986
Property Features
County: LEBANON
Municipality: PALMYRA BORO
Latitude: 40.31822968
Longitude: -76.60299683
MLS Area: Palmyra Boro (13216)
Heating: Forced Air
Heating Fuel: Natural Gas
Cooling: Central A/C, Window Unit(s)
Water Heater: Electric
Number of 1 Bedroom Units: 0
Number of 2 Bedroom Units: 0
Number of 3 Bedroom Units: 1
Total Number of Units: 2
Is New Construction: No
Foundation: Permanent
Roof: Metal
Septic or Sewer: Public Sewer
Water: Public
Has Garage: No
Lot Size in Acres: 0.3
Zoning: MU
ListDate: 2023-09-20 00:00:00.0
Property SubType: Duplex
Year Built: 1935
Status: Active
Tax Year: 2023
Tax Amount: $3,376
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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Gacono Real Estate participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Gacono Real Estate are marked with the IDX icon, and detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information Deemed Reliable But Not Guaranteed.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Gacono Real Estate participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Gacono Real Estate are marked with the IDX icon, and detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information Deemed Reliable But Not Guaranteed.
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