NOT LISTED FOR SALE

327 E Main St Palmyra, PA 17078

-- Bed
-- Bath
3,800 Sq Ft
8,276 Sq Ft Lot

Last Sold February 18, 2022

Last sale price $610,000 $161 Per Sq Ft

8 Days on Market

Highlights

  • Traditional Floor Plan
  • 2 Car Detached Garage
  • Built-In Features
  • Traditional Architecture
  • Eat-In Kitchen
  • 3-minute walk to Heritage Park

About This Home

As of February 2022

Great investment in a great school district and 5 minutes from Chocolate Ave, Hershey! Completely remodeled 4 units in Palmyra. Full occupancy, great returns! Lower-level units have 2 bedrooms, 1 bath. Upper-level units are 2 floors with 3 bedrooms and 1.5 baths. All units have open kitchen concept with granite countertops, brand new stainless-steel appliances, luxury vinyl flooring, large pantries, marble-like backsplash in the bathroom. The entire property is separately metered so new landlord is only paying common utilities which is minimal. As an added bonus, the owners of this property built a separate laundry room with 2 washers and 2 dryers operated by coins for additional income. There is 4-car parking lot out front with a 5th spot that is rented in the back along with 2 garages rented that are also metered separately for electric. This property has so much income producing opportunities, don’t miss out!

Last Agent to Sell the Property

JIM BEDORF

Coldwell Banker Realty Listed on: 12/27/2021

Last Buyer's Agent

Sara Kochel

Realty ONE Group Unlimited License #RS348452

Realty ONE Group Unlimited

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,899

Year Built

  • Built in 1960

Lot Details

  • 8,276 Sq Ft Lot
  • Property is in very good condition

Parking

  • 2 Car Detached Garage
  • 4 Open Parking Spaces
  • 1 Off-Street Space
  • Front Facing Garage
  • Parking Lot

Home Design

  • Quadruplex
  • Traditional Architecture
  • Stone Foundation
  • Shingle Roof
  • Asphalt Roof
  • Rubber Roof
  • Vinyl Siding

Interior Spaces

  • Walk-In Closet
  • Traditional Floor Plan
  • Built-In Features
  • Ceiling Fan
  • Combination Kitchen and Dining Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Flooring

  • Carpet
  • Laminate

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Palmyra Area Middle School
  • Palmyra Area High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for common area maintenance, insurance, repairs, real estate taxes
  • Assessor Parcel Number 16-2291567-357860-0000

Community Details

Overview

  • 4 Units

Building Details

  • Income includes apartment rentals, laundry
  • Net Operating Income $54,407

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,899

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Freezers in both units
  • Inclusions: stove/refrigerators
  • New Construction: No
  • Year Built: 1960
  • Automatically Close On Close Date: No
  • Remarks Public: Great investment in a great school district and 5 minutes from Chocolate Ave, Hershey! Completely remodeled 4 units in Palmyra. Full occupancy, great returns! Lower-level units have 2 bedrooms, 1 bath. Upper-level units are 2 floors with 3 bedrooms and 1.5 baths. All units have open kitchen concept with granite countertops, brand new stainless-steel appliances, luxury vinyl flooring, large pantries, marble-like backsplash in the bathroom. The entire property is separately metered so new landlord is only paying common utilities which is minimal. As an added bonus, the owners of this property built a separate laundry room with 2 washers and 2 dryers operated by coins for additional income. There is 4-car parking lot out front with a 5th spot that is rented in the back along with 2 garages rented that are also metered separately for electric. This property has so much income producing opportunities, don’t miss out!
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Flooring Type: Carpet, Laminate Plank
  • Interior Amenities: Built-Ins, Carpet, Ceiling Fan(s), Floor Plan - Traditional, Combination Kitchen/Dining, Kitchen - Eat-In, Pantry, Walk-In Closet(s)
  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Total Sq Ft: 5106
  • Living Area Sq Ft: 3800
  • Price Per Sq Ft: 171.05
  • Above Grade Finished Sq Ft: 3800
  • Below Grade Sq Ft: 1306
  • Total Below Grade Sq Ft: 1306
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 327-329

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Exterior Features: Exterior Lighting, Sidewalks
  • Roof: Asphalt, Rubber, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Detached Garage, Off Street, Parking Lot
  • Off Street Parking Spaces: 1
  • Parking Lot Number Of Spaces: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: PALMYRA AREA
  • Middle School: PALMYRA AREA
  • High School: PALMYRA AREA
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397383
  • School District Source: Listing Agent
  • High School: PALMYRA AREA
  • Middle Or Junior School: PALMYRA AREA

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 180300.00
  • Land Assessed Value: 32600.00
  • Land Use Code: 201
  • Lot Size Acres: 0.19
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8276.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: 201 RESIDENTIAL

Rental Info

  • Owner Pays: Common Area Maintenance, Insurance, Repairs, Taxes - Real Estate
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10320202
  • School Tax: 3464.00
  • Tax Annual Amount: 4899.00
  • Assessor Parcel Number: 16-2291567-357860-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 02/18/2022

Multi Family

  • Gross Income: 66420.00
  • Income Includes: Apartment Rentals, Laundry

MLS Schools

  • School District Name: PALMYRA AREA

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $610,000 -6.2% $161 / Sq Ft
01/04/2022 01/04/22 Pending -- -- --
12/27/2021 12/27/21 For Sale $650,000 +265.2% $171 / Sq Ft
11/04/2016 11/04/16 Sold $178,000 -20.9% $47 / Sq Ft
09/23/2016 09/23/16 Pending -- -- --
09/02/2016 09/02/16 For Sale $225,000 -- $59 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PALN2002882

Bright MLS