NOT LISTED FOR SALE

507 W Main St Palmyra, PA 17078

-- Bed
-- Bath
-- Sq Ft
0.9 Acres

Last Sold June 14, 2013

Last sale price $420,000

338 Days on Market

Highlights

  • 0.9 Acre Lot
  • No HOA
  • Outdoor Storage
  • Palmyra Area Senior High School Rated 9+

About This Home

As of June 2013

8 apartment units in 2 buildings plus 22 storage garages of various sizes. Apartments are in good condition with low vacancies rates. Owner is retiring.

Last Agent to Sell the Property

Robert Fox

(717) 579-2434 bobfox@remax.net RE/MAX Pinnacle License #AB050159L Listed on: 05/28/2012

RE/MAX Pinnacle

Last Buyer's Agent

Joette Swartz

(717) 319-4152 JoetteSwartz@remax.net RE/MAX Realty Select License #RS311657

RE/MAX Realty Select

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,059

Year Built

  • Built in 1930

Lot Details

  • 0.9

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Utilities

  • 100 Amp Service
  • Cable TV Available

Additional Features

  • Disposal
  • Outdoor Storage
  • 0.9 Acre Lot

Listing and Financial Details

  • Tenant pays for cable TV, cooking fuel, electricity, heat, hot water
  • The owner pays for insurance, real estate taxes, repairs
  • Assessor Parcel Number 2288370-355755

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • Insurance Expense $2,120
  • Maintenance Expense $1,500
  • Operating Expense $20,013
  • Net Operating Income $52,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,059

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Current Use: Mixed
  • New Construction: No
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Refrigerator
  • Fireplace: No

Exterior Features

  • Construction Materials: Aluminum Siding, Brick
  • Construction Completed: No
  • Exterior Features: Secure Storage
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv
  • Water Sewer Expenses: 6300.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Lot Size Acres: 0.90
  • Zoning Description: Commercial

Rental Info

  • Lease Term: 12 Months
  • Owner Pays: Insurance, Taxes - Real Estate, Repairs
  • Tenant Pays: Cable Tv, Cooking Fuel, Electricity, Heat, Hot Water
  • Vacation Rental: No

Multi Family

  • Gross Income: 70680.00
  • Operating Expense: 20013.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Tax Annual Amount: 10059.00
  • Assessor Parcel Number: 2288370-355755
  • Tax Year: 2011

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
06/14/2013 06/14/13 Sold $420,000 -26.3% --
05/01/2013 05/01/13 Pending -- -- --
05/28/2012 05/28/12 For Sale $570,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Robert Fox

    Seller's Agent in 2013

    Robert Fox

    RE/MAX

    (717) 579-2434

    7 in this area

    62 Total Sales

    Robert Fox
    Section Image
  • Joette Swartz

    Buyer's Agent in 2013

    Joette Swartz

    RE/MAX

    (717) 319-4152

    1 in this area

    151 Total Sales

    Joette Swartz
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1002733629

Bright MLS
Pennsylvania Lebanon County Palmyra 17078

507 W Main St, Palmyra, PA

Not Listed for Sale

MultiFamily

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