$250,000
$269,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
3,495 SqFt
SOLD DATE : 12/29/2023
Key Details
Sold Price $250,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,495 sqft
Price per Sqft $71
MLS Listing ID PAMC2083620
Sold Date 12/29/23
Style Back-to-Back
Abv Grd Liv Area 3,495
Originating Board BRIGHT
Year Built 1910
Annual Tax Amount $6,732
Tax Year 2023
Lot Size 3,776 Sqft
Acres 0.09
Lot Dimensions 28.00 x 0.00
Property Description
Investor Alert!!!
Fully Occupied Section 8-Duplex Property in Norristown, PA
This well-maintained brick duplex in Norristown offers a fantastic opportunity for investors. Both units are currently occupied by excellent tenants, making it a hassle-free addition to your portfolio.
Property Features:
- 1st Floor Unit: This unit features a comfortable layout with a spacious living room, a bedroom, a separate den, kitchen, dining room with extra space for washer/dryer and a full bathroom.
- 2nd/3rd Floor Unit: The upper unit offers a living room, a kitchen, 3 bed rooms and 1.5 bathrooms with laundry and dryer in the half bathroom.
Tenant Information:
- 1st Unit: Currently leased to a long-term tenant at $850 per month. There is potential to raise the rent to market value.
- 2nd Unit: The second unit is leased at $1350 per month. Both units are on a month-to-month lease.
Electric baseboard heating for 1st unit and Radiator Gas heat for 2nd unit and Gas hot water, separated utilities, paid by tenants. Owner pays sewer and water bills.
This property's strategic location in Norristown offers convenience and accessibility to amenities, public transportation, and local attractions. Whether you're looking for a reliable income stream or a smart investment opportunity, this duplex is a compelling choice.
Don't miss out on this turnkey investment property with excellent rental history. Contact us today to schedule a viewing and explore the potential this property has to offer.
Location
State PA
County Montgomery
Area Norristown Boro (10613)
Rooms
Basement Unfinished
Interior
Hot Water Natural Gas
Heating Baseboard - Electric
Cooling Window Unit(s)
Flooring Hardwood
Equipment Washer, Dryer, Stove
Fireplace N
Appliance Washer, Dryer, Stove
Heat Source Electric
Exterior
Exterior Feature Balcony, Patio(s)
Waterfront N
Water Access N
Accessibility Doors - Swing In, Level Entry - Main
Porch Balcony, Patio(s)
Parking Type On Street
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Back-to-Back
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Norristown Area
Others
Tax ID 13-00-23072-009
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Mable Philip • Keller Williams Real Estate-Langhorne
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "