220 E Main St, Palmyra, PA 17078
Local realty services provided by:ERA Martin Associates
220 E Main St,Palmyra, PA 17078
$430,000
- 2 Beds
- - Baths
- 3,726 sq. ft.
- Multi-family
- Active
Listed by: emily graham
Office: contigo real estate
MLS#:PALN2024082
Source:BRIGHTMLS
Price summary
- Price:$430,000
- Price per sq. ft.:$115.41
About this home
Prime opportunity in the heart of Palmyra! This Mixed-Use Commercial property offers over 3,700 sq. ft. of adaptable space in a busy, high-visibility location ideal for investors, business owners, or those looking to maximize rental income.
The main level (approx. 1,000 sq. ft.) is currently leased and operating as a salon ($2300 per month), providing steady income. The second floor features a well-kept 2 bedroom, 1 bath apartment, currently rented to excellent, timely tenants who would love to stay ($1200 per month).
The third floor presents incredible potential. With two existing bedrooms (each with closets) and a large great room with vaulted ceilings, this level is ready to be finished into an additional unit. There is potential to add a separate private entrance from the exterior or extend access from the second level which will open the door for even more income opportunities. Recent updates include a new roof in 2023, along with a new hot water heater, windows and electrical panel installed in 2024.
Outside, you’ll find ample parking and a detached garage that can be rented for supplemental revenue.
Versatile, income-producing, and perfectly located—this is a standout investment in a thriving Palmyra area!
Contact an agent
Home facts
- Year built:1940
- Listing ID #:PALN2024082
- Added:55 day(s) ago
- Updated:February 11, 2026 at 02:38 PM
Rooms and interior
- Bedrooms:2
- Living area:3,726 sq. ft.
Heating and cooling
- Cooling:Ductless/Mini-Split
- Heating:Baseboard - Hot Water, Natural Gas
Structure and exterior
- Year built:1940
- Building area:3,726 sq. ft.
- Lot area:0.29 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$430,000
- Price per sq. ft.:$115.41
- Tax amount:$5,786 (2025)
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