521 & 523 E MAIN ST, Palmyra, PA 17078
521 & 523 E MAIN ST, Palmyra, PA 17078
521 & 523 E MAIN ST, Palmyra, PA 17078
521 & 523 E MAIN ST, Palmyra, PA 17078
521 & 523 E MAIN ST, Palmyra, PA 17078
521 & 523 E MAIN ST, Palmyra, PA 17078
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$ 450,000
Est. payment | /mo

2,922 SqFt


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$ 450,000
Est. payment | /mo
Save

2,922 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,922 sqft

Price per Sqft $154

Lot Size 7,841 Sqft

MLS Listing ID PALN2025266

Financing Cash,Conventional

Style Other

Total Units 3

Short Sale No

Originating MLS BRIGHT

Property Description

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!

Location

State PA

County Lebanon

Area Palmyra Boro (13216)

Zoning RESIDENTIAL MULTI FAMILY

Rooms

Basement Unfinished

Interior

Interior Features Bathroom - Tub Shower, Carpet, Ceiling Fan(s)

Hot Water Electric

Heating Hot Water

Cooling Ceiling Fan(s), Central A/C

Flooring Luxury Vinyl Plank, Vinyl, Carpet, Wood

Inclusions 523 E Main St - Refrigerator, Stove 521 E Main St Unit A & B - Washer/ Dryer, Refrigerator, Stove

Equipment Dishwasher, Oven/Range - Electric, Refrigerator, Washer, Dryer

Fireplace N

Appliance Dishwasher, Oven/Range - Electric, Refrigerator, Washer, Dryer

Heat Source Natural Gas

1-purchase type For Sale

Exterior

Garage Spaces 8

Waterfront N

Water Access N

Roof Type Shingle,Metal

Accessibility None

Parking Type Off Street

Total Parking Spaces 8

Building

New Construction N

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

Schools

School District Palmyra Area

Others

Tax Amount $5,292

Tax Year 2025

Tax ID 16-2292159-358279-0000

Ownership Fee Simple

SqFt Source 2922

Security Features Smoke Detector,Carbon Monoxide Detector(s)

Acceptable Financing Cash, Conventional

Special Sale Standard

Bright MLS (BMLS)
Listed by Amanda Krall • Iron Valley Real Estate

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521 & 523 E MAIN ST