• 0 views

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!

Source: BRIGHT MLS, MLS#: PALN2025266

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
  • Property Type
    Residential Income
  • Lot
    0.18 acres

Get in Contact

Would you like to know more about this property? We're here to help! Let's connect and find what you're looking for.

Create a profile so you can receive updates on this property as soon as they happen!

Owning this Home

$
$ %
%
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 521 & 523 E MAIN STREET


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/2/2026Source: BRIGHT MLS Price Reduction
$440,000 -2.2%
3/31/2026Source: BRIGHT MLS Added to Database
March 31, 2026
Listing provided courtesy of Iron Valley Real Estate- MLS# PALN2025266MLS ProviderContact Information: [email protected] - 7177692986