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127 Schoolhouse Rd, PALMYRA, PA – $519,000

  • $519k Price
  • 3,021 Sqft
  • .26 Acres
  • 48 DOM
  • $519k Price
  • 3,021 Sqft
  • .26 Acres
  • 48 DOM

127 Schoolhouse Rd

Attention Investors! An incredible opportunity awaits with this 3,021 SF triplex in Palmyra! This property is thoughtfully designed with tenant convenience in mind - each unit has separate utilities, including electric, heat, and water. Tenants also enjoy off-street parking and a private backyard enclosed by a privacy fence. The current owner has added significant value with updates like a finished attic and storage room, creating even more livable space. Situated on a corner lot, this property is a fantastic way to kickstart your real estate investment journey or seamlessly expand your existing portfolio. Two units are currently occupied & on month-to-month leases, and the third unit is leased as of 1/1/25, totaling an annual gross rent of $52,800. Don't miss out on this high-potential investment property!

Essential Information

  • MLS® #PALN2018142
  • Price$519,000
  • Bathrooms0.00
  • Square Footage3,021
  • Acres0.26
  • Year Built1930
  • TypeMulti-Family
  • Sub-TypeTriplex, Detached
  • StyleTraditional
  • StatusActive

Community Information

  • Address127 Schoolhouse Rd
  • AreaSouth Londonderry Twp (13231)
  • CityPALMYRA
  • CountyLEBANON-PA
  • StatePA
  • MunicipalitySOUTH LONDONDERRY TWP
  • Zip Code17078

Interior

  • HeatingBaseboard - Electric
  • CoolingNone
  • Has BasementYes
  • BasementUnfinished

Exterior

  • RoofMetal, Shingle
  • FoundationStone

Exterior

Alum/Steel Siding, Vinyl Siding

School Information

  • DistrictPALMYRA AREA

Additional Information

  • Date ListedDecember 23rd, 2024
  • Days on Market48
  • ZoningRESIDENTIAL

Listing Details

  • OfficeKingsway Realty - Ephrata
  • Office Contact(717) 733-4777
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Price Change History for 127 Schoolhouse Rd, PALMYRA, PA (MLS® #PALN2018142)

Date Details Price Change
Price Reduced $519,000 $10,000 (1.89%)
Price Reduced (from $539,000) $529,000 $10,000 (1.86%)

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Listing information last updated on February 8th, 2025 at 5:30pm CST.