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$315,000
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Property Description
Excellent opportunity to own this clean, well kept 2 unit in Palmyra! This home has many possibilities given that it could be turned into a large single family home or kept in its present condition as a two unit! Live in one unit and rent out the other unit to offset your living expenses or you could add it to your rental portfolio for great cash flow! Large first floor unit with a large country kitchen on the first floor with custom crafted cabinets, and a first floor full bath, laundry room, and three large gathering rooms. The second floor features 3 bedrooms (one a walk thru), a kitchen/dining room, family room, and 2nd full bath with a second laundry hookup. 3rd floor features 2 bedrooms. Tenants pay gas heat and electric! This property also has a 3 car detached garage, and a parking spot with electric hookup for your camper! There is no lack of storage or space in this home! Here is your chance to invest in a valuable asset with close proximity to Hershey and the many attractions there, as well as, the Hershey Country Club and Hershey Medical Center! Schedule your showing today!
Full Property Details
Full Property Details for 501 N Chestnut St
General
- Sold For: $315,000
- Taxes: $5,722 (2025)
- Status: Closed
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: PALN2019812
- Added to Site: 317 day(s) ago
Interior
- Rooms/Areas: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Bedroom 1, Laundry, Bonus Room
- Interior Features: 2nd Kitchen, Additional Stairway, Attic
- Flooring: Carpet, Laminate Plank
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Upper Floor Baths: 1
- Upper - Full Baths: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 5
- Bedrooms Upper: 5
- Bedrooms-Up2: 2
- Bedroom 1: Bedroom 4 - Flooring - Carpet, Upper 2
- Bedroom 2: Bedroom 5 - Flooring - Carpet, Upper 2
- Bedroom 3: Bedroom 1, Upper 1
- Bedroom 4: Bedroom 2, Upper 1
- Bedroom 5: Bedroom 3, Upper 1
Other Rooms
- Living Room: Living Room, Main
- Family Room: Family Room, Upper 1
- Kitchen: Kitchen, Upper 1
- 2nd Kitchen: Kitchen, Main
- Dining Room: Dining Room, Main
- Laundry: Main
Parking
- Garage: Yes
- Garage Spaces: 3
- Total Spaces: 3
- Parking Type: Detached Garage, Off Street, On Street
- Garage Description: Other
Location
- Area: Palmyra Boro (13216)
- Municipality: PALMYRA BORO
- County: Lebanon
- Development Name: Palymra
- Subdivision: Palymra
- Driving Directions: GPS
School Information
- School District: Palmyra Area
Community
- Pets Allowed: Yes
- Pets: No Pet Restrictions
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Structure Type: Detached
- Construction: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Foundation: Other
- Roof: Asphalt
- Walls/Ceilings: Dry Wall, Plaster Walls
- Stories/Levels: 0
- Stories Description: Main, Upper 1, Upper 2
- Square Feet: 3,119
- Sq. Ft. Source: Assessor
- Living Area: 3,119 Sq. Ft.
- Finished Above Grnd: 3,119 Sq. Ft.
- Year Built: 1930
- Year Built Source: Assessor
- Property Condition: Very Good
Lot Features
- Lot Size (Acres): 0.32
- Lot Size (Sq. Ft.): 13,939
- Lot Size Source: Assessor
- Zoning: RESIDENTIAL
Financial Considerations
- Price Per Sq. Ft.: $100.99
- Assessment Year: 2025
- School Tax: $3,730
- City/TownTax: $1,089
- City/TownTax Freq: Annually
- County Tax: $902
- County Tax Freq: Annually
- Tax w/Assessment: $205,500
- Tax Amount: $5,722
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 3119
Disclosures and Reports
- Ownership: Fee Simple
Get Pre-Approved Today
Schools
Schools serving 501 N Chestnut St
School District:Palmyra Area School District
| Name | Grades | Distance |
|---|---|---|
Northside El School, Palmyra, PA 301 East Spruce Street, Palmyra, PA 17078 | 1-5 | 0.2 mi |
Palmyra Area Middle School 50 West Cherry Street, Palmyra, PA 17078 | 6-8 | 0.8 mi |
Palmyra Area Senior High School 1125 Park Drive, Palmyra, PA 17078 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 501 N Chestnut St
Date
Details
Price
Change
Source
5/09/2025
Sold
$315,000
—
MLS
4/26/2025
Listed
$315,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
501 N Chestnut Street, Palmyra, PA 17078 (MLS# PALN2019812) is a Single Family property that was sold at $315,000 on May 09, 2025. This property was sold by David Wissler Team from our Lancaster Office.Want to learn more about 501 N Chestnut Street? Do you have questions about finding other Single Family real estate for sale in Palmyra? You can browse all Palmyra real estate or contact a Coldwell Banker agent to request more information.


