127 SCHOOLHOUSE ROAD
PALMYRA, PA 17078

$539,000

Number of Units: 3
Type: Multi-Unit Residential
Listing #PALN2018142
Attention Investors! An incredible opportunity awaits with this 3,021 SF triplex in Palmyra! This property is thoughtfully designed with tenant convenience in mind - each unit has separate utilities, including electric, heat, and water. Tenants also enjoy off-street parking and a private backyard enclosed by a privacy fence. The current owner has added significant value with updates like a finished attic and storage room, creating even more livable space. Situated on a corner lot, this property is a fantastic way to kickstart your real estate investment journey or seamlessly expand your existing portfolio. Two units are currently occupied & on month-to-month leases, and the third unit is leased as of 1/1/25, totaling an annual gross rent of $52,800. Don't miss out on this high-potential investment property!
Listing Courtesy of: Kingsway Realty - Ephrata (717) 733-4777
Property Features
Location Information
County: LEBANON
Municipality: SOUTH LONDONDERRY TWP
Latitude: 40.27533726
Longitude: -76.58846999
MLS Area: South Londonderry Twp (13231)
Interior Features
Heating: Baseboard - Electric
Heating Fuel: Electric
Cooling: None
Water Heater: Electric
Basement Description: Unfinished
Has Basement: Yes
Number of 1 Bedroom Units: 0
Number of 2 Bedroom Units: 1
Number of 3 Bedroom Units: 1
Total Number of Units: 3
Exterior Features
Is New Construction: No
Foundation: Stone
Roof: Metal, Shingle
Septic or Sewer: Public Sewer
Water: Public
Has Garage: No
Lot Size in Acres: 0.26
Zoning: RESIDENTIAL
Additional Information
ListDate: 2024-12-23 00:00:00.0
Property SubType: Triplex
Year Built: 1930
Status: Active
Tax Year: 2024
Tax Amount: $3,808


$ per month
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Monthly Insurance: $
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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BRIGHT(MRIS/Trend) data last updated at December 27, 2024 6:48 AM ET