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About the Listing RSRBR2 - 3232840
Outstanding investment and redevelopment opportunity in one of Hershey's most desirable locations! Situated in the highly sought-after Derry Township School District, this property is zoned Palmdale Mixed Use (PMU), offering a unique blend of residential and commercial possibilities for investors, business owners, or future owner-occupants. The existing bungalow offers approximately 1,400 square feet of living space with a full basement, walkout garage, and finished attic that provides flexible space for a third bedroom, home office, or bonus room. While the property would benefit from updating, it is currently tenant-occupied, providing immediate rental income. The tenant would like to remain but can vacate with 60 days' notice if desired. The true value lies in the property's highly desirable PMU zoning and exceptional location just minutes from downtown Hershey, Penn State Health Milton S. Hershey Medical Center, Hersheypark, shopping, dining, and major commuter routes. Whether you're looking to renovate, continue as an investment property, or explore the many possibilities permitted under the Palmdale Mixed Use zoning district, this property presents an outstanding opportunity in a location where demand continues to grow. Buyers are encouraged to verify permitted uses with Derry Township.
Listing Highlights
Status
Pending
Days on Site
16
Property Type
Residential
MLS ®
PADA2062168
Year Built
1939
Total Square Footage
1,441
Lot/Acreage
0.16
County
Dauphin
Neighborhood
None Available
Area
Derry Twp (14024)
School District
Derry Township
Elementary School
Hershey Intermediate
Middle School
Hershey Middle School
High School
Hershey High School
Interior Details
- Bedrooms: 3
- Bathrooms: 1 Full / 1 Half
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Radiator
- Fireplaces:
- Floor: Hardwood,Laminated,Carpet
- Above Ground Sq Ft: 1441
- Below Ground Sq Ft: 0
- Basement: Walkout Level,Workshop,Unfinished,Rough Bath Plumb,Garage Access
- Other: Wood Floors,Main Floor Bedrooms: 2
- Water: Public
Exterior Details
- Lot Description: Rear Yard,Not New Construction,Horse Property: No
- Garage Capacity: 1 car
- Parking Spaces: 3
- Zoning: Palmdale Mxed Use Residential/Commercial
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Paved Parking,Garage - Rear Entry,Basement Garage,Inside Access,Attached Garage,Driveway,Off Street,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $2,317
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
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Questions About..
1126 E Chocolate Ave Hershey, PA 17033
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