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!
Sold for $260,000 on 09/16/24
$260,000
754 N Railroad St, Palmyra, PA 17078
4beds
--baths
2,600sqft
Duplex
Built in 1935
-- sqft lot
$357,600 Zestimate®
$100/sqft
$1,426 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: September 19, 2024 at 03:21pm
Listed by:
Jason Shay 717-507-4377,
Iron Valley Real Estate,
Co-Listing Agent: Jocelyn Shay 717-679-7981,
Iron Valley Real Estate
Bought with:
Alyssia Kreischer, RS345837
TeamPete Realty Services, Inc.
Source: Bright MLS,MLS#: PALN2011710
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Window Unit(s), Electric
Appliances
- Included: Electric Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 2,600
- Total interior livable area: 2,600 sqft
Property
Parking
- Parking features: Off Street, Parking Lot
Accessibility
- Accessibility features: 2+ Access Exits
Features
- Pool features: None
Lot
- Size: 0.30 Acres
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 1622882863608370000
- Zoning: MU
- Zoning description: Multi-Family-Mixed Use
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Cape Cod,Ranch/Rambler
- Property subtype: Duplex
Materials
- Vinyl Siding
- Foundation: Permanent
- Roof: Metal
Condition
- New construction: No
- Year built: 1935
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Palmyra
- Municipality: PALMYRA BORO
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple