NOT LISTED FOR SALE

327 E Main St Palmyra, PA 17078

Studio
-- 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
  • Traditional Architecture
  • Eat-In Kitchen
  • Palmyra Area Senior High School Rated A-
  • 2 Car Detached Garage
  • 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

(717) 761-4800 jbedorf@bedorfprinceteam.com Coldwell Banker Realty Listed on: 12/27/2021

Coldwell Banker Realty

Last Buyer's Agent

Sara Kochel

(717) 569-1700 mikej@rogunlimited.com 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
  • 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

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

  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • 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
  • Lot Size Acres: 0.19
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8276.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Very Good
  • 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

Multi Family

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

MLS Schools

  • School District Name: PALMYRA AREA
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

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 $6,084 $212,900 $32,600 $180,300
2024 $5,375 $212,900 $32,600 $180,300
2023 $656 $212,900 $32,600 $180,300
2022 $626 $212,900 $32,600 $180,300
2021 $582 $77,500 $32,600 $44,900
2020 $1,713 $77,500 $32,600 $44,900
2019 $4,594 $212,400 $32,600 $179,800
2018 $4,448 $212,400 $32,600 $179,800
2017 $1,317 $212,400 $32,600 $179,800
2016 $4,176 $212,400 $32,600 $179,800
2015 -- $212,400 $32,600 $179,800
2014 -- $212,400 $32,600 $179,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALN2002882

Bright MLS