220 E Main St Palmyra, PA 17078
Estimated payment $2,744/month
Highlights
- Traditional Architecture
- 1 Car Detached Garage
- More Than Two Accessible Exits
- Palmyra Area Senior High School Rated A-
- Ductless Heating Or Cooling System
- 4-minute walk to Heritage Park
About This Home
Prime opportunity in the heart of Palmyra! This Mixed-Use Commercial property offers over 3,700 sq. ft. of adaptable space in a busy, high-visibility location ideal for investors, business owners, or those looking to maximize rental income. The main level (approx. 1,000 sq. ft.) is currently leased and operating as a salon ($2300 per month), providing steady income. The second floor features a well-kept 2 bedroom, 1 bath apartment, currently rented to excellent, timely tenants who would love to stay ($1200 per month). The third floor presents additional income potential. With two existing bedrooms (each with closets) and a large great room with vaulted ceilings, this level is ready to be finished to turn the second unit into 4 bedrooms. Recent updates include a new roof in 2023, along with a new hot water heater, windows and electrical panel installed in 2024. Outside, you’ll find ample parking and a detached garage that can be rented for supplemental revenue. Versatile, income-producing, and perfectly located—this is a standout investment in a thriving Palmyra area!
Listing Agent
(717) 826-9758 contigorealestate@gmail.com Contigo Real Estate Brokerage Phone: 7178269758 Listed on: 12/19/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,786
Year Built
- Built in 1940
Lot Details
- 0.29 Acre Lot
Parking
- 1 Car Detached Garage
- Garage Door Opener
- Driveway
- Parking Lot
Home Design
- 3,726 Sq Ft Home
- Duplex
- Traditional Architecture
- Brick Exterior Construction
- Concrete Perimeter Foundation
Flooring
- Laminate
- Ceramic Tile
Accessible Home Design
- More Than Two Accessible Exits
- Ramp on the main level
Utilities
- Ductless Heating Or Cooling System
- Heating System Uses Natural Gas
- Hot Water Baseboard Heater
- Natural Gas Water Heater
Community Details
- 2 Units
- 3-Story Building
Listing and Financial Details
- Assessor Parcel Number 16-2291325-357508-0000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,938 | $207,800 | $50,400 | $157,400 |
| 2024 | $5,246 | $207,800 | $50,400 | $157,400 |
| 2023 | $672 | $207,800 | $50,400 | $157,400 |
| 2022 | $641 | $207,800 | $50,400 | $157,400 |
| 2021 | $595 | $207,800 | $50,400 | $157,400 |
| 2020 | $4,593 | $207,800 | $50,400 | $157,400 |
| 2019 | $4,494 | $207,800 | $50,400 | $157,400 |
| 2018 | $4,352 | $207,800 | $50,400 | $157,400 |
| 2017 | $1,289 | $207,800 | $50,400 | $157,400 |
| 2016 | $4,086 | $207,800 | $50,400 | $157,400 |
| 2015 | -- | $207,800 | $50,400 | $157,400 |
| 2014 | -- | $207,800 | $50,400 | $157,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/19/2025 12/19/25 | For Sale | $430,000 | -- | $115 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $300,000 | None Listed On Document | |
| Deed | $150,000 | None Available |
Source: Bright MLS
MLS Number: PALN2024082
APN: 16-2291325-357508-0000
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