Location, location, location. Motivated Seller! There is not a sign on the property! Live in one unit and rent out the others! SO MANY POSSIBILITIES! Welcome to this 3 unit home in Palmyra which offers an excellent investment opportunity! This corner property offers Apt #402B-1/2 house 3br 2ba $650 (long term tenant of 60+ years, sellers mother- would like to stay!) Apt #402-2br 1.5 ba $700 month to month Apt #402A-1br 1ba $650 vacant. Owner pays heat, water, sewer, and trash. This home is centrally located and close to all the amenities of Palmyra. To top it off, this home also has a garage that could be rented out as well. Come check out this opportunity today!
Sold for $359,900
$359,900
402 N Railroad St, Palmyra, PA 17078
6beds
--baths
3,662sqft
Triplex
Built in 1890
-- sqft lot
$422,300 Zestimate®
$98/sqft
$1,415 Estimated rent
Home value
$422,300
$393,000 - $452,000
$1,415/mo
Zestimate® history
Owner options
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$2,312/mo
Est. payment
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$2,312/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Jackie Kupstas 717-222-7702,
Iron Valley Real Estate of Central PA
Bought with:
Jonathan Wyse, RS322524
Coldwell Banker Realty
Source: Bright MLS,MLS#: PALN2009790
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Flooring: Carpet, Engineered Wood, Laminate, Vinyl
- Basement: Combination
- Has fireplace: No
Interior area
- Total structure area: 7,324
- Total interior livable area: 3,662 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage Faces Rear, Storage, Inside Entrance, Attached, Driveway, Off Street, On Street
- Attached garage spaces: 2
- Uncovered spaces: 2
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 0.29 Acres
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 1622892213589220000
- Zoning: RESIDENTIAL
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex
Materials
- Brick
- Foundation: Stone
Condition
- Good
- New construction: No
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cable, DSL
Community & HOA
Location
- Region: Palmyra
- Municipality: PALMYRA BORO
Financial & listing details
- Price per square foot: $98/sqft
- Tax assessed value: $214,300
- Annual tax amount: $5,285
- Date on market: 5/12/2023
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: Unit 402- Oven / Stove, Refrigerator / Unit 402 A - Oven / Stove, Refrigerator
- Exclusions: Unit 402 B - Tenant Owned Appliances, Tenant Window Unit Air Conditioners, Tenants Personal Property
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 8/24/2023 | Sold | $359,900$98/sqft |
Source:  Bright MLS #PALN2009790 Report a problem | ||
| 7/21/2023 | Pending sale | $359,900$98/sqft |
Source: Bright MLS #PALN2009790 Report a problem | ||
| 7/14/2023 | Listed for sale | $359,900$98/sqft |
Source: Bright MLS #PALN2009790 Report a problem | ||
| 6/15/2023 | Listing removed | $359,900$98/sqft |
Source: Bright MLS #PALN2009790 Report a problem | ||
| 6/4/2023 | Pending sale | $359,900$98/sqft |
Source: Bright MLS #PALN2009790 Report a problem | ||
| 5/12/2023 | Listed for sale | $359,900$98/sqft |
Source: Bright MLS #PALN2009790 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,124 +5.9% | $214,300 |
| 2024 | $5,781 +3.2% | $214,300 |
| 2023 | $5,601 +6% | $214,300 |
| 2022 | $5,286 +10.2% | $214,300 |
| 2021 | $4,797 +1.3% | $214,300 |
| 2020 | $4,737 +229.8% | $214,300 |
| 2019 | $1,436 -55.3% | $214,300 |
| 2018 | $3,211 | $214,300 |
| 2017 | -- | $214,300 |
| 2016 | -- | $214,300 |
| 2015 | -- | $214,300 |
| 2014 | -- | $214,300 +920.5% |
| 2012 | -- | $21,000 |
| 2011 | -- | $21,000 |
| 2010 | -- | $21,000 |
| 2009 | -- | $21,000 |
| 2007 | -- | $21,000 |
| 2006 | -- | $21,000 |
Find assessor info on the county website
Neighborhood: 17078
Nearby homes
- $--2 bd1 ba-- sqft402 N Railroad St #402, Palmyra, PA 17078Off Market
- $--1 bd1 ba-- sqft402 N Railroad St APT A, Palmyra, PA 17078Off Market
- $213,7004 bd1 ba1.6k sqft408 N Railroad St, Palmyra, PA 17078Off Market
- $260,8004 bd3 ba2.4k sqft17 Willow St, Palmyra, PA 17078Off Market
- $215,1005 bd2 ba1.8k sqft410 N Railroad St, Palmyra, PA 17078Off Market
- $182,4003 bd1 ba1.6k sqft414 N Railroad St, Palmyra, PA 17078Off Market
- $180,0003 bd2 ba1.6k sqft19 E Willow St, Palmyra, PA 17078Sold
- $180,0003 bd2 ba1.9k sqft19 Willow St, Palmyra, PA 17078Sold
Nearby schools
GreatSchools rating
- 8/10Northside El SchoolGrades: 1-5Distance: 0.3 mi
- 9/10Palmyra Area Middle SchoolGrades: 6-8Distance: 0.7 mi
- 10/10Palmyra Area Senior High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Northside
- Middle: Palmyra Area
- High: Palmyra Area
- District: Palmyra Area
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Pennsylvania
- Lebanon County
- Palmyra
- 17078
- 402 N Railroad St
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