754 North Railroad Street

Palmyra, PA 17078

$270,000
Price
Beds
2,600 Sq. Ft.
$104 / Sq. Ft.
2,600
Sq. Ft.
$104
per Sq. Ft.

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...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!
  1. Listed by Jason Shay • Iron Valley Real Estate
    P: 7175074377 jason@shayteam.com
  2. Listed by Jocelyn Shay • Iron Valley Real Estate
    P: 7176797981 jocelyn@shayteam.com

Property Details for 754 North Railroad Street

Tax ID Number
16-2288286-360837-0000
Ownership
Fee Simple
Structure Type
Detached
Style
Cape Cod, Ranch/Rambler
Waterfront
No
Garage
No
Expected On Market Date
09-21-2023
Municipality
PALMYRA BORO

Location

Listing Courtesy of Iron Valley Real Estate
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LISTING UPDATED: 05/20/2024 05:37 PM

Property Details for 754 North Railroad Street

StatusActive
MLS #PALN2011710
Days on Market253
Taxes$3,376 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1935
Lot Size0.30 AC / 13,068 SF
CountyLebanon County

Location

Listing Courtesy of Iron Valley Real Estate
Add your commute

Building Information for 754 North Railroad Street

Stories-Residences2Year Built1935Building Size-Lot Size0.30 AC / 13,068 SF

Payment Calculator

$1,755 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,474

Property Taxes

$281

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 754 North Railroad Street

Location
Location
  • School District Name: PALMYRA AREA
  • School District County ID: 300200397383
  • SchoolDistrictSource: Listing Agent
  • County: LEBANON
  • MLS Area: Palmyra Boro (13216)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $129,200
  • Year Assessed: 2023
  • County Tax: $502
  • Improvement Assessed Value: $77,700
  • City Town Tax: $487
  • Land Assessed Value: $51,500
  • Clean Green Assessed: No
  • Land Use Code: 319
  • Zoning: MU
  • Zoning Dscrp: Multi-Family-Mixed Use
  • School Tax: $2,292
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Unit Information
Unit Information
  • Single Room Units Count: 1
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 1
  • Number Of Units Vacant: 1
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 2,600.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Parcel ID: 10318781
Parking
Parking
  • Type Of Parking: Off Street, Parking Lot
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: 2+ Access Exits
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C, Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Lebanon County Association of REALTORS

Property History for 754 North Railroad Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 754 North Railroad Street

Taxable ValueLand$51,500Additions$77,700Total$129,200
Tax Record2024$3,262 ($272 / month)
Home Facts
Total Finished SqFt2,417 SqFtAbove Grade Finished SqFt2,417 SqFtStories1Lot Size13,068 SqFtStyleOffice BuildingYear Built1935CountyLEBANONAPN16-2288286-360837-0000

Schools near 754 North Railroad Street

This home is within Palmyra Area School District.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 6 to 8
Public - 9 to 12
Public - 1 to 5
Rating
School
Distance
Northside El School
Public1 to 5

Palmyra Area Middle School
Public6 to 8

Palmyra Area Senior High School
Public9 to 12

Forge Road El School
Public1 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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754 North Railroad Street is a multi-family home for sale in Palmyra, PA 17078. This property was listed for sale on September 20, 2023 by Iron Valley Real Estate, it's currently listed at $270,000. It has been on the market for a total of 253 days and was last sold on July 18, 2018. This listing's school district is Palmyra Area School District. Nearby schools include Northside El School, Palmyra Area Middle School and Palmyra Area Senior High School. 754 North Railroad Street is a 0-bed, 0-bath, 2,600 sqft multi-family home built in 1935.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Iron Valley Real Estate

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.