201 E Cherry St, Palmyra, PA 17078

Exceptional opportunity to own a 4 unit investment property in a residential neighborhood in Palmyra, Lebanon County with off street parking and garages for added income. This 3840 sq.ft 2-story building offers two 1 bedroom units and two 2 bedroom units. Extremely well maintained apartment for low maintenance ownership. Newer windows, Aluminum wrapped windows and soffit, and teak porches. Tenants maintain lawn and hedges. You will not find nicer units in the area. Ample parking, huge yard, solid wood flooring, updated kitchens and bathrooms, and very large units make this building stand out. Units are below market due to good, long-term tenants. Potential to raise rents without additional upgrades. All units occupied... Net income. $26,494 Gross income $40,560. See Docs attached for cost break down. Potential for rent increase. 24 hr notice for showings. Please follow CDC guidelines, wear a mask, practice social distancing, and limit the number of people at showing appointment.