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Image 1 - 2 East Poplar Street, Palmyra, PA 17078, USA - House for sale

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Home For Sale In Palmyra, Pennsylvania

2 East Poplar Street, Palmyra, PA 17078, USA

Home For Sale In Palmyra, Pennsylvania

house for sale

Listed: 04/15/24

2 East Poplar Street, Palmyra, PA 17078, USA

3 Bed:

2,600 Sq Ft Living Area:

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Price

$ 270,000

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About This House

Excellent investment opportunity with 2 buildings on one parcel in Palmyra Borough. Very close to Hershey! Current zoning is residential however it is approved for use for personal services (i.e. barber and beauty or tanning salons; dry-cleaning and laundry pickup/dropoff facilities; music, art or photographic studios and repair of clocks, electronics, computers and small appliances). The front building is approximately 700 sq ft and a 2 year commercial lease was signed with a hair salon beginning October 1st, 2023.Rental income is $950/mo for the first 9 months and then it will automatically increase to1, 100a month. There are 6 parking spots in the small lot with the salon. The back building is approximately 1800 sq ft and is set up … Full description

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Palmyra Housing & Living

Household Income

Median household income: $48,173

Number of households: 3,426

The average household income in Palmyra, PA declined from $50,349 to $48,173 in the past year. This data is an estimate based upon 3,426 households in Palmyra, PA.
The chart below presents how household income is distributed in Palmyra, PA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $2k-$3k

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Palmyra, PA compared to median property taxes around the country. The prevalent amount of property taxes in Palmyra, PA equals $2k-$3k , which is less than the national average.