754 N Railroad Street
Palmyra,
PA
17078
Property Details
List Price: |
$270,000 |
Beds: |
-- |
Baths: |
-- |
Status: |
Active |
SqFt: |
2600 |
Agency: |
Iron Valley Real Estate |
Description/Comments
Lot Size: |
-- |
Property Type: |
MultiFamily |
Year Built: |
1935 |
Notes: |
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! |
MlsNumber: |
PALN2011710 |
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Listing Provided By: |
Iron Valley Real Estate, original listing |
Name: |
Iron Valley Real Estate |
Phone: |
(717) 769-2986 |
Office Name: |
Iron Valley Real Estate |
Office Phone: |
(717) 769-2986 |
Agent Name: |
Jason Shay |
Disclaimer: |
Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |