Experience the perfect blend of character, cash flow, and opportunity with this stately detached brick mixed-use 4-unit property in the heart of Palmyra, PA. Situated on a spacious half-acre corner lot, this impressive investment features three residential apartments and one commercial storefront currently operating as a salon - creating multiple… Read More streams of income and long-term upside. The property currently generates $4,945 per month in rental income, making it an attractive option for seasoned investors, while the spacious layouts and flexible setup also create an excellent opportunity for an owner-occupant looking to offset living expenses with strong rental income. Inside, each unit offers its own separate entrance, generously sized rooms, and tasteful updates throughout. The residential mix includes one spacious 3-bedroom apartment and two well-appointed 2-bedroom apartments, all designed with comfortable living in mind. Outside, tenants and guests will appreciate the ample off-street parking and highly visible corner location. Whether you are looking to expand your portfolio, live in one unit while building equity, or own a versatile mixed-use asset in a growing community, this rare Palmyra property delivers both charm and performance. Read Less
Courtesy of Kathryn Mardis, Iron Valley Real Estate of Lancaster 717-740-2221
Listing Snapshot
Days Online
18
Last Updated
Property Type
Quadruplex
Square Ft.
3,886
Lot Size
0.51 Acres
Year Built
1950
MLS Number
PALN2026366
Additional Details
Basement
Fully Finished
Building
Built in 1950, Living area: 3886, 2 stories, Construction Materials: Brick
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