Property profile

521 East Main St Palmyra, PA 17078

FOR SALE
Triplexes
Property ID
US73-5422595
2,922 SF Built 1930
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Property summary

AI-generated overview

Excellent investment opportunity in Palmyra located in a highly desirable school district! This well-maintained triplex offers three spacious units with separate utilities and strong rental potential. 523 E Main St: This unit features two floors of living space with 2 bedrooms and 1 full bath on the second level. The main level includes a living room, dining room, kitchen, half bath & laundry. Luxury vinyl plank flooring throughout the main level and carpet upstairs. Tenant-owned washer and dryer located in the kitchen. Two-zone gas hot water heat, no A/C. Tenant pays water/sewer, gas, and electric. Access to shared unfinished basement. 521 Unit A (Main Level): One-bedroom unit with living room, kitchen, full bath, and in-unit laundry. Gas hot water heat, no A/C. Tenant pays gas and electric; owner covers water/sewer and trash. Shared basement with separate access with 523. 521 Unit B (Upper Unit): Spacious multi-level unit offering 3 bedrooms and 1 full bath. Second level includes living room, kitchen, one bedroom, bath, and laundry. Third floor provides two additional bedrooms. Gas heat and central air. Furnace and 100-amp subpanel located on the third level. Tenant pays gas and electric; owner covers water/sewer and trash. The shared basement houses gas furnaces for 523 and 521 Unit A, water heaters for all three units, and three separate 100-amp electric panels. Additional features include off-street parking for all units in the rear and owner-maintained yard. The owner will be replacing the roof! Great opportunity for investors or owner-occupants alike! County: LEBANON MLS Area: Palmyra Boro (13216) School District Name: PALMYRA AREA SchoolDistrictSource: Listing Agent School District County ID: 300200397383

Property profile

Verified
Property type Triplexes
Year built 1930
Total area 2,922 SF
UPID US73-5422595

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

521 East Main St Palmyra, PA 17078
Palmyra metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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