**INQUIRE ABOUT THE INTEREST RATE BUY DOWN THE SELLER IS OFFERING** This triplex offers TWO ways to make owner-occupancy work for you! Choose the beautifully renovated three-story residence at 307 Leconey Avenue and let the two apartments provide rental income OR move into the vacant first-floor apartment at 305B and unlock even greater earning potential by renting the much larger three-story home along with the established upper apartment. This unique triplex offers over 4,000 square feet of living space, incredible flexibility, and multiple ways to help offset the cost of homeownership. The move-in-ready three-story residence blends historic character with modern conveniences. An enclosed front porch opens to a gracious foyer with soaring ceilings, original millwork, transom window, decorative fireplace, and wide-plank flooring. The stunning kitchen features shaker cabinetry, quartz countertops, stainless steel appliances, and flows into spacious dining and family rooms. Upstairs are three generous bedrooms and a renovated full bath, while the finished third floor provides two additional rooms perfect for an office, guests, or playroom. A brand-new HVAC system with central air services the 1st and 2nd floors. Prefer a smaller space and greater rental potential? 305B is vacant and ready for occupancy, offering a one-bedroom, first-floor apartment with its own laundry. Or use this private space for a loved one and create a wonderful multigenerational setup where everyone can live close while maintaining their independence. The spacious 2nd and 3rd floor apartment at 305A is occupied by exceptional long-term tenants with a proven history of on-time payments and a lease through the end of 2027, providing established rental income from day one. Both apartments include basement storage, and a separate 50x150 lot is included for off-street parking. Live large or live smaller and maximize your rental potential—the choice is yours. This is more than a triplex; it’s an opportunity to make homeownership work for you.
Step into a world of timeless elegance with this stunning Colonial home, built in 1920 and brimming with character. Nestled on a generous 0.19-acre corner lot, this detached residence boasts a unique blend of classic craftsmanship and modern comforts, making it a true sanctuary. The first unit features 4 bedrooms and 4.5 bathrooms, while the second unit offers 4 bedrooms and 1 full bathroom. A fireplace adds warmth and charm to the main living area, and the unfinished basement provides ample storage or future finishing potential. Each unit has its own laundry room with washer/dryer, boiler and hot water heater and separate gas and electric. The exterior features a combination of stone, frame, and vinyl siding, along with a big yard and detached two-car garage and additional on-street parking. Conveniently located near shopping, dining, schools, parks, public transportation, and major highways, this property offers easy access to everyday amenities while providing exceptional space and flexibility. Don't miss this rare opportunity to own a well maintained multi unit property with endless potential. Schedule your private showing today!
Palmyra is located in New Jersey. Palmyra, New Jersey has a population of 7,429. Palmyra is less family-centric than the surrounding county with 22.32% of the households containing married families with children. The county average for households married with children is 32.09%.
The median household income in Palmyra, New Jersey is $78,736. The median household income for the surrounding county is $95,935 compared to the national median of $69,021. The median age of people living in Palmyra is 40.9 years.
The average high temperature in July is 87.3 degrees, with an average low temperature in January of 25.2 degrees. The average rainfall is approximately 47.9 inches per year, with 12.5 inches of snow per year.