Bought with Curvin Horning • Kingsway Realty - Ephrata
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127 SCHOOLHOUSE RD Palmyra, PA 17078
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Key Details
Sold Price $430,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,021 sqft
Price per Sqft $142
MLS Listing ID PALN2018142
Sold Date 05/06/25
Style Traditional
Abv Grd Liv Area 3,021
Originating Board BRIGHT
Year Built 1930
Annual Tax Amount $3,808
Tax Year 2025
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type Detached
Property Description
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. All units are currently occupied & 2 are yearly w/ 1 unit month-to-month lease. Annual gross rent of $52,800. Don't miss out on this high-potential investment property!
New mini split installed 2/11/25 in Unit 3
Unit 1 -4 BR 2 BATH, unit 2 -2 BR 1 BATH, unit 1 3- BR 2 BATH all units have washers and dryers.
Location
State PA
County Lebanon
Area South Londonderry Twp (13231)
Zoning RESIDENTIAL
Rooms
Basement Unfinished
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Fireplace N
Heat Source Electric
Exterior
Garage Spaces 6.0
Water Access N
Roof Type Metal,Shingle
Accessibility None
Total Parking Spaces 6
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Palmyra Area
Others
Tax ID 31-2292573-345318-0000
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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