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$335,000

  • Sold
  • Closed
  • Multi-Family
  • 1 Car Garage
See This Home
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Looking for an exceptional investment opportunity in Palmyra Borough? Look no further than this stately four-unit property! This corner property offers units with spacious rooms with two bedrooms and one full bath, providing comfortable living space for tenants. These units come equipped with everything tenants need, including an oven, refrigerator, washer & dryer, separate hot water heaters, and separate electrical panels. As an added bonus, the property has a detached garage and shed for storage or even another rental unit. And if that's not enough, the large area to the right of the property offers plenty of space for future possible growth, allowing you to maximize your investment potential. Don't miss out on this incredible opportunity - schedule a showing today!

Full Property Details for 503 N Railroad St

General

  • Sold For: $335,000
  • Taxes: $5,347 (2022)
  • Status: Closed
  • Type: Multi-Family
  • Source: BrightMLSPhilly
  • MLS ID: PALN2009526
  • Added to Site: 1, 000 day(s) ago

Interior

  • Appliances: Dryer, Oven - Single, Refrigerator, Washer
  • Flooring: Carpet, Vinyl, Hardwood

Exterior

  • Porch/Patio/Deck: Porch(es)

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 1
  • Parking Type: On Street, Detached Garage, Off Street
  • Garage Description: Garage - Rear Entry

Location

  • Area: Palmyra Boro (13216)
  • Municipality: PALMYRA BORO
  • County: Lebanon
  • Driving Directions: 422 to Square in Palmyra, turn N/Railroad St, cross RR tracks, property on left (corner lot)
  • Location Details: Corner Lot/Unit

School Information

  • School District: Palmyra Area

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard - Electric
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable TV Available

Structural Information

  • Architectural Info: Traditional
  • Architectural Style: Traditional
  • Structure Type: Detached
  • Construction: Aluminum Siding
  • Basement: Yes
  • Basement Desc.: Full
  • Foundation: Stone
  • Roof: Composite
  • Walls/Ceilings: Cathedral Ceilings
  • Stories/Levels: 0
  • Square Feet: 4,221
  • Sq. Ft. Source: Assessor
  • Living Area: 4,221 Sq. Ft.
  • Finished Above Grnd: 4,221 Sq. Ft.
  • Year Built: 1890
  • Year Built Source: Assessor
  • Property Condition: Average

Unit Information

  • Other Units: Unit 1, Unit 2, Unit 4, Unit 3
  • 2 Bedroom Units: 4

Unit 1

  • Unit Description: Unit 1
  • Bedrooms: 2

Unit 2

  • Unit Description: Unit 2
  • Bedrooms: 2

Unit 3

  • Unit Description: Unit 3
  • Bedrooms: 2

Unit 4

  • Unit Description: Unit 4
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.64
  • Lot Size (Sq. Ft.): 27,878
  • Lot Size Source: Assessor
  • Zoning: RESIDENTIAL

Financial Considerations

  • Price Per Sq. Ft.: $79.37
  • Assessment Year: 2022
  • School Tax: $3,653
  • City/TownTax: $849
  • City/TownTax Freq: Annually
  • County Tax: $843
  • County Tax Freq: Annually
  • Tax w/Assessment: $216,800
  • Tax Amount: $5,347
  • Tax Year: 2022
  • Terms: Standard Sale
  • Owner Pays: Sewer, Taxes - Real Estate, Trash Collection, Water
  • Landlord Pays: Sewer, Taxes - Real Estate, Trash Collection, Water
  • Tax Total Finished Sq. Ft.: 4221

Disclosures and Reports

  • Ownership: Fee Simple

Meet the listing agents

Meet the listing agents
— 503 N Railroad St —

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 503 N Railroad St

School District:Palmyra Area School District
NameGradesDistance
Palmyra Area Senior High School
1125 Park Drive, Palmyra, PA 17078
9-121.4 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 503 N Railroad St

Date
Details
Price
Change
Source
5/16/2023
Sold
$335,000
—
MLS
4/26/2023
Listed
$335,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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33 Carousel Cir, Hershey, PA 17033 - Photo 1 Just Listed
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33 Carousel Cir  Hershey, PA 17033

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Price Reduced near 503 N Railroad St

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118 Elm Ave, Hershey, PA 17033 - Photo 1 Price Reduced
-$20,000 (-1.25%)
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118 Elm Ave  Hershey, PA 17033

  • Single Family
  • Active
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229 Cocoa Ave, Hershey, PA 17033 - Photo 1 Price Reduced
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819 3rd Ave, Hershey, PA 17033 - Photo 1 Price Reduced
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Listed by Coldwell Banker Realty, Nikki Jernigan and John Jernigan Team (717) 507-3748

503 N Railroad Street, Palmyra, PA 17078 (MLS# PALN2009526) is a Multi-Family property that was sold at $335,000 on May 16, 2023. This property was listed by Josh Shope Team from our Hershey Office.Want to learn more about 503 N Railroad Street? Do you have questions about finding other Multi-Family real estate for sale in Palmyra? You can browse all Palmyra real estate or contact a Coldwell Banker agent to request more information.