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302 Fayette ST Palmyra, NY 14522
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Key Details
Sold Price $103,500
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $57
MLS Listing ID R1590353
Sold Date 06/16/25
Bedrooms 4
Full Baths 2
Construction Status Existing
HOA Y/N No
Year Built 1860
Annual Tax Amount $5,731
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 47X136
Property Sub-Type Multi Family
Property Description
This fantastic 2-unit duplex offers a prime opportunity in Palmyra, whether you're looking for an income-producing investment or a place to call home with rental potential. Each 2-bed, 1-bath unit provides comfortable living, with the upper unit completely remodeled—featuring fresh paint, new flooring, modern finishes, and newer windows. The lower unit is currently occupied by a tenant, while the upper unit is vacant and ready for its next resident.
The 10-year-old roof provides peace of mind, while separate meters and utilities add convenience for both tenants and owners. While the exterior could use some TLC, the interior is warm, inviting, and full of potential. The lower unit offers a fantastic opportunity for customization, allowing you to add value and maximize rental income.
Located in a sought-after area, this property is close to shops, dining, parks, and public transportation, making it a desirable option for renters.
don't miss out on this incredible investment opportunity! Schedule your tour today.
Location
State NY
County Wayne
Area Palmyra-Village-543601
Direction E Foster to Fayette
Rooms
Basement Dirt Floor, Partial
Interior
Heating Gas, Forced Air, Wall Furnace
Flooring Carpet, Varies, Vinyl
Fireplace No
Appliance Electric Water Heater
Laundry Washer Hookup
Exterior
Exterior Feature Deck
Utilities Available Sewer Connected, Water Connected
Roof Type Asphalt
Porch Deck
Building
Lot Description Rectangular, Rectangular Lot, Residential Lot
Foundation Block
Sewer Connected
Water Connected, Public
Structure Type Other,See Remarks
Construction Status Existing
Schools
School District Palmyra-Macedon
Others
Senior Community No
Tax ID 543601-064-111-0012-752-514-0000
Acceptable Financing Cash, Rehab Financing
Listing Terms Cash, Rehab Financing
Financing Cash
Special Listing Condition Standard
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Bought with Agency 1 LLC