$375,000
$375,000
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3,138 SqFt
SOLD DATE : 08/15/2022
Key Details
Sold Price $375,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,138 sqft
Price per Sqft $119
Subdivision Norristown
MLS Listing ID PAMC2019942
Sold Date 08/15/22
Style Other
Abv Grd Liv Area 3,138
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $4,824
Tax Year 2022
Lot Size 2,892 Sqft
Acres 0.07
Lot Dimensions 22.00 x 0.00
Property Description
Great investment property with strong cash flow! Beautifully renovated 3-story twin triplex with a 2-stall garage in a terrific location within walking distance to transportation, schools and shopping. This is a great opportunity to be a part of the massive redevelopment in Norristown stemming from the Opportunity Zone on Main Street. All 3 units are leased with current monthly gross rent of $3,200. There have been no rent increases since original lease and if new owner rents garages potential gross gent more than $3,600/month. Entry is from Swede St into a common hallway. All units are spacious and bright with large windows. New modern kitchens with espresso cabinets, granite counter tops and stainless steel appliances. New full bathrooms with tile. Large, lovely covered porch provides access to a shaded back yard. Unit 1 has 2 bedrooms, 1 bath. Unit 2 has 2 bedrooms, 1 bath. Unit 3 has 1 bedroom, 1 bath. Tenants responsible for utilities. Garage has a new roof and new garage door. Inside bay is 9'-2" wide X 18'-9" deep. Garage door is 8'-8" wide x 6'-10" high. Great income opportunity! Photos taken when property was vacant. Member of owner's LLC is a licensed real estate broker in the Commonwealth of Pennsylvania and State of New Jersey; and a Certified Residential Real Estate Appraiser in the Commonwealth of Pennsylvania and the States of New Jersey and Maine.
Location
State PA
County Montgomery
Area Norristown Boro (10613)
Zoning R2
Rooms
Basement Full, Unfinished
Interior
Interior Features Wood Floors, Crown Moldings
Hot Water Natural Gas
Heating Forced Air
Cooling Ceiling Fan(s)
Flooring Wood, Carpet
Equipment Refrigerator, Oven/Range - Electric
Fireplace N
Appliance Refrigerator, Oven/Range - Electric
Heat Source Natural Gas
Exterior
Exterior Feature Porch(es)
Garage Other
Garage Spaces 2.0
Waterfront N
Water Access N
View Street
Roof Type Shingle,Flat,Asphalt
Street Surface Paved
Accessibility None
Porch Porch(es)
Road Frontage Boro/Township
Parking Type Detached Garage
Total Parking Spaces 2
Garage Y
Building
Lot Description Level, Rear Yard
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
Structure Type Dry Wall,Plaster Walls
New Construction N
Schools
School District Norristown Area
Others
Tax ID 13-00-36408-002
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard
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Bought with Robert DeRosato • Coldwell Banker Hearthside
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "