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505 E Walnut St, Palmyra, PA 17078

$439,000
Last sold 09/30/2024 for $391K
—
bed
—
bath
2,242
Sqft ($174/Sqft)

Multi-family not for sale

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About 505 E Walnut St

Property type Multi-family

Year built 1964

HOA fee $0/month

Lot size 0.35 Acre

Movoto estimate

Parking 3 garage spaces

Rental estimate

Property description

RARE In-Law quarters detached 1 story home with garage included in addition to the main 1 story home. You could also use the 2nd home as a rental income unit estimated to be able to rent at $1200 per month. Main property was last rented at $1755 per month. Both homes exteriors are holland stone. Main home has 3 bedrooms 1 full bath and 2 half baths with hardwood floors, remodeled kitchen, oversized 2 car garage, covered patio, finished lower level that has the 3rd bedroom and half bath. 2nd home has wood laminate floors in main living area, open floorplan with 2 bedrooms, 1 full bath, 1 car garage, deck, and 2 mini splits. This is a lovely corner property in Palmyra Borough that has many possibilities. True one floor living in both homes.

Listed by

Listing Agent - Jean Taylor

Listing Office - Berkshire Hathaway HomeServices Homesale Realty

Source: Bright MLS

MLS#PALN2016326 • last updated 1 year ago

Movoto checked Bright MLS for data 7 minutes ago

Overview
Cooling/AC	Central A/C, Ductless/Mini-Split, Wall Unit, Electric
Heating	Oil, Electric
Type	Multi-Family
SubType	Other
Status	Closed
SqFt	2482
Lot Size (SqFt)	15246
Lot Size (Acres)	0.35
County Tax	883, Annually
City/ Town Tax	826
School Tax	Annually, 3650
Tax: Assessed Value	201100
Annual Property Tax	5359
Year Built	1964
Condition	Very Good
Municipality	PALMYRA BORO
New Construction (Y/N)	N
Foreclosure (Y/N)	N

Interior
Basement	Partially Finished
Appliances	Built-In Microwave, Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer
Interior Features	Cedar Closet(s), Ceiling Fan(s), 2nd Kitchen, Carpet, Combination Kitchen/Dining, Entry Level Bedroom, Family Room Off Kitchen, Kitchen - Island, Pantry, Bathroom - Tub Shower, Walk-in Closet(s), Wood Floors
Accessibility Features	None

Exterior
Roof	Composite
Construction	Brick
Garage Desc	Built In, Garage - Front Entry, Oversized, Inside Access, Garage Door Opener
Parking Desc	Asphalt Driveway, Attached Garage
# Garage Spaces	3
# Parking Spaces	3
# Attached Garage Spaces	3
Exterior Features	Sidewalks
Existing Structures	Above Grade, Below Grade, 2nd House, 2nd Garage, Guest House, Tenant House

Amenities / Utilities
Utilities	Cable TV Available
Sewer/ Septic	Public Sewer
Electricity	100 Amp Service
Pool	No Pool

Location
Subdivision	NONE AVAILABLE
Water Source	Public
High School	PALMYRA AREA SENIOR
School District	PALMYRA AREA
Directions	Use GPS
Zoning	RESIDENTIAL

Multifamily Details
# 2-Bedroom Units	1
# 3-Bedroom Units	1
# Units Furnished	None
# Units Vacant	2
Gross Income	29550
Expense: Insurance	1111
Operating Expense Includes	Insurance
Income Includes	Apartment Rentals