127 Schoolhouse Road
PALMYRA, PA 17078
- – beds
- – baths
- 3,021 sqft
- 11,326 sqft lot
- $117 per sqft
- 1930 build
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Attention investors! Multi unit property in Palmyra boasts three existing units, plus a versatile bonus area. Three occupied units each have two bedrooms and one bathroom. Monthly rental income is currently $2740. Owner pays sewer and trash plus electric in the bonus unit only. Tenants each pay their own electric and water. Bonus unit could possibly be used as a storage unit and may have potential for additional income. Buyer to discuss any usage ideas for the bonus unit with Richie at South Londonderry township for approval. Ample off street parking area for 6 or 7 vehicles. Backyard features a privacy fence. This corner property could be the perfect start to your real estate investment strategy or the ideal addition to your current investment portfolio.
Listing courtesy of BRIGHT / Coldwell Banker Realty
Last checked:
Checking…
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Last updated Dec 23, 2024
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MLS# PALN2013164 —
The Building
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Year Built:1930
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Year Built Source:Assessor
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Roof:Shingle, Metal
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New Construction:No
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Construction Materials:Vinyl Siding, Aluminum Siding
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Building Units Total:3
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Structure Type:Detached
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Architectural Style:Traditional
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Accessibility Features:None
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Foundation Details:Stone
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Basement:Yes
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Basement Type:Dirt Floor, Outside Entrance, Unfinished
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:3021
Interior
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Interior Features:Ceiling Fan(s)
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Flooring Type:Carpet, Luxury Vinyl Plank
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:3021
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Living Area SqFt:3,021 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional
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Buyer Financing:Conventional
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Possession:Subject to Existing Lease
Location
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Directions:From Hershey: 322 East to right on Schoolhouse to property on right
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Cross Street:Little Acres Dr
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Latitude:40.27537000
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Longitude:-76.58847000
The Property
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Property Subtype:Triplex
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Property Type:Multi-Family
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Lot Size Units:Square Feet
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Lot Size Acres:0.26
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Lot Size Source:Assessor
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Lot Features:Corner
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Lot SqFt:11,326 Sqft
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Exclusions:unit 3 tenant owns washer dryer air conditioner
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Zoning:RESIDENTIAL
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Other Structures:Above Grade, Below Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:103
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (717) 507-8419
- Office phone:
- (717) 534-2442
Taxes
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Tax ID Number:31-2292573-345318-0000
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Tax Year:2023
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Tax Annual Amount:$3,702
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Tax Assessed Value:$159,500
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Year Assessed:2023
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School Tax:2830.0
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County Tax:620.00
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City/Town Tax:212.00
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Total Taxes Payment Frequency:Annually
The Listing
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Close Sale Type:Standard Sale
Heating & Cooling
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Cooling Type:None
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Central Air:No
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Cooling Fuel:None
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Heating:Yes
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Heating Type:Baseboard - Electric
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Electric Service:Circuit Breakers
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Hot Water:Electric
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Water Source:Public
Appliances
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Appliances:Dishwasher, Oven/Range - Electric, Refrigerator, Water Heater
Schools
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Middle School:Palmyra Area
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High School:PALMYRA AREA
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School District Name:Palmyra Area
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School District Source:Listing Agent
The Community
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Pool:No Pool
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Municipal Trash:No
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Cap Rate:7.00
Parking
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Total Garage and Parking Spaces:6
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Garage:No
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Type of Parking:Off Street
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Parking Features:Paved Parking
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Off Street - # of Spaces:6
Extra Units
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Other Units:Unit 1,Unit 2,Unit 3
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Vacation Rental:No
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Two Bedroom Units:3
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/29/24
Mar 29, 2024
|
Sold | BRIGHT | $356,000 | -2.5% |
2/20/24
Feb 20, 2024
|
Pending | BRIGHT | $365,000 | |
2/6/24
Feb 6, 2024
|
Listed / Active | BRIGHT | $365,000 |