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!

Property Features

Local Schools