7 months on rocket

754 N Railroad St, Palmyra, PA, 17078

$270,000

Home List Price

$3,206*

Closing Credit

0 Baths
2,600 SqFt
$104/SqFt
Multi
Schools Nearby

Location

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754 N Railroad St, Palmyra$270,000

Buyer Closing Credits

$3,206*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOff Street, Parking Lot
Year Built1935
HeatingForced Air
CoolingCentral Air, Window Unit(s)
MLS #PALN2011710
Lot Size0.30 Acres
StatusActive
(ACTIVE)

About 754 N Railroad St

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!

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod, Ranch/Rambler
  • Year Built: 1935
  • Living Area: 2,600 SqFt

Listing Office:

  • Office Name: Iron Valley Real Estate
  • Office Phone: (717) 769-2986
  • Listing Agent: Jason Shay

Exterior Features

Parking Information:

  • Parking: Off Street, Parking Lot

Lot Features

Lot Information:

  • Lot Size: 0.30 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air, Window Unit(s)

Other

Directions Information:

  • Directions: Headed west on 422 at the square in Palmyra, turn right onto Railroad St. Property will be on the right hand side.

Municipality:

  • Palmyra Boro

Price Information

Listing Price Info

Price Summary:

  • List Price: $270,000
  • Price Per SqFt: $104/SqFt

Tax Information:

  • Annual Amount: $2,102
  • Tax Year: 2021
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MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PALN2011710

Listing Office:

  • Office Name: Iron Valley Real Estate
  • Office Phone: (717) 769-2986
  • Listing Agent: Jason Shay

IDX 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 participates, and is provided by BRIGHT through a licensing agreement.

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 sold or are no longer being offered for sale. 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. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or 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. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 12:10:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 20, 2018Home Sold
$70,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,102$129,200
2020$2,855$129,200
2019$2,794$129,200
2018$2,706$129,200
2017$2,540$129,200

History based on county public records data.

Payment Calculator

$1,415

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$876

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1763420
6
/10

  • Northside Elementary School

  • 301 E Spruce St

  • 0.37 miles

  • Public District Grades 1-5

school-card-donut-1763421
6
/10

  • Forge Road Elementary School

  • 400 S Forge Rd

  • 1.27 miles

  • Public District Grades 1-5

school-card-donut-1763422
9
/10

  • Pine Street Elementary School

  • 50 W Pine St

  • 1.29 miles

  • Public District Grades 1-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,512. Typical income of Lebanon County, PA residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Lebanon County›Palmyra›17078›754 N Railroad St

This home is located at 754 N Railroad St in Palmyra, PA and zip code 17078. This 2,600 square foot home, which was built in 1935, sits on a 0.30 acre lot. It has been listed on Rocket Homes since September 19, 2023 and is currently priced at $270,000.

Over 34 listings were sold over their listed price in March 2024 in Lebanon County, PA. In the same period over 21 listings were sold below the listed price and 18 listings were sold for the listed price. The number of listings in Lebanon County, PA decreased by 0.2% between February 2024 and March 2024. In March 2024, listings were on the market for 20 days. During the same period, the median list price in this real estate market was $260,148.

From Rocket Homes Real Estate and based on county public records data.

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