Palmyra, PA 17078,754 N RAILROAD ST
Palmyra, PA 17078,754 N RAILROAD ST
Palmyra, PA 17078,754 N RAILROAD ST
30
$260,000
$270,000
3.7%
Est.Price: ?

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2,600 SqFt

754 N RAILROAD ST Palmyra, PA 17078

Est. payment /mo
SOLD DATE : 09/16/2024

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Key Details

Sold Price $260,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 2,600 sqft

Price per Sqft $100

MLS Listing ID PALN2011710

Sold Date 09/16/24

Style Cape Cod,Ranch/Rambler

Abv Grd Liv Area 2,600

Originating Board BRIGHT

Year Built 1935

Annual Tax Amount $3,376

Tax Year 2023

Lot Size 0.300 Acres

Acres 0.3

Property Description

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!

Location

State PA

County Lebanon

Area Palmyra Boro (13216)

Zoning MU

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C, Window Unit(s)

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Roof Type Metal

Accessibility 2+ Access Exits

Garage N

Building

Foundation Permanent

Sewer Public Sewer

Water Public

Architectural Style Cape Cod, Ranch/Rambler

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Palmyra Area

Others

Tax ID 16-2288286-360837-0000

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Jason Shay • Iron Valley Real Estate
Bought with Alyssia Kreischer • TeamPete Realty Services, Inc.

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Joanna Dieter

Agent | License ID: 665620

+1(410) 949-6855

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