Description
Fantastic investment opportunity in the heart of norristown! this well-maintained property features four spacious apartments: two 2-bedroom units and two 1-bedroom units. located on one of the best blocks in norristown, just steps from the upcoming $400 million courthouse, this building has undergone numerous updates including new windows, flooring, safety upgrades, masonry repairs, and more.
the property has a recent u&o permit from the municipality of norristown and holds a legal 4-unit rental license. currently, three of the four units are occupied, generating substantial income of over $6,000/month, with the potential to exceed $7,700/month when fully rented. the ground-floor unit is newly renovated and vacant, making it ideal for an investor or an owner-occupant.
don’t miss out on this high-income property with incredible location benefits!
Property Type
Multi-FamilyCounty
MONTGOMERYStyle
Straight Thru,TransitionalAD ID
47646482
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Interior Features
- Basement Description: Full
Heating & Cooling
- Cooling: None
- Heating: Radiant
- Cooling Fuel: None
- Heating Fuel: Natural Gas
-
Exterior Features
Building Information
- Year Built: 1900
- Structure: Interior Row/Townhouse
- New Construction: No
- Total Units: 4
- Built: 1900
- Construction Material: Brick
- Foundation/Basement: Stone
- Architecture: Straight Thru,Transitional
- Pool/Private: No Pool
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Natural Gas
-
Property / Lot Details
Lot Information
- Lot Size: 2,088
- Dimensions: 18.00 x 0.00
- Lot Size (Acres): 0.05
- Architectural Style: Straight Thru,Transitional
- Main Square Feet: 2,088
Property Information
- SQ ft: 0
- SQ ft (Living Area): 0
- Total Lot SQ ft: 2,088
- Appx. Lot Dimensions: 18.00 x 0.00
- Total Acreage: 0.05
- New Construction: No
- Type: Straight Thru,Transitional
-
Listing Information
Listing Information
- Possession: Immediate
- Days Of Market: 1
-
Taxes / Assessments
Tax Information
- Annual Tax: $8,278
- Tax Year: 2023
- Total Taxes Payment Frequency: Annually
Possession
- Immediate
Assessment Information
- Taxes Assessment Amount: $135,180
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: Off Street
Homeowners Association Information
- Direction: Heading West on Airy Street, Turn Right onto swede St
-
School, Utilities & Location Details
School Information
- School District: NORRISTOWN AREA
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: None
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
Location Information
- Direction: Heading West on Airy Street, Turn Right onto swede St
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BuyOwner last updated this listing 11/16/2024 @ 18:26
- MLS: PAMC2123112
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 0 sqft, 2,088 sized lot, and 0 parking. A comparable Other, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of NORRISTOWN , in zip code 19401, this MONTGOMERY County Other and are nearby neighborhoods.