Norristown, PA 19401,923-925 STANBRIDGE ST
Norristown, PA 19401,923-925 STANBRIDGE ST
Norristown, PA 19401,923-925 STANBRIDGE ST
Norristown, PA 19401,923-925 STANBRIDGE ST
Norristown, PA 19401,923-925 STANBRIDGE ST
Norristown, PA 19401,923-925 STANBRIDGE ST
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$650,000

$675,000

3.7%
Est.Price: ?

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Est. payment /mo

6,039 SqFt


SOLD DATE : 02/09/2024

Key Details

Sold Price $650,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 6,039 sqft

Price per Sqft $107

MLS Listing ID PAMC2090948

Sold Date 02/09/24

Originating Board BRIGHT

Year Built 1950

Annual Tax Amount $10,851

Tax Year 2022

Lot Size 6,200 Sqft

Acres 0.14

Lot Dimensions 52.00 x 0.00

Property Description

Attention all savvy investors…introducing 923-925 Stanbridge Street, a fully rented 6-Unit garden apartment building nestled in the heart of Norristown. The property has been well cared for, and the owner has maintained the rental license & updated lead paint certifications. This puts you in the best position for a smooth and expedited settlement. All 6 units are rented by tenants who have resided here for 2+ years, generating a total of $6,000 in monthly income. All leases are currently month-to-month, so changes in tenancy can be made if desired. There are 4 off-street parking spaces that the tenants currently share on a first-come, first-serve basis. Every unit has nice natural light, and is in good repair with neutral finishes that are desirable to tenants. Brick facade gives the building great curb appeal. Convenient location, close to major highways, shopping, and transit. Each side has a gas heater and a gas hot water heater. All units have separate electric. Floor plans are provided in the photos. The best part? Another wonderful income-producing property on the same street is also available for sale. 1001 Stanbridge St is a 3-unit building with a 1st floor commercial storefront, and 2 residential apartments above. Add both of these great properties to your portfolio for a package deal price of $1,000,000!

Location

State PA

County Montgomery

Area Norristown Boro (10613)

Zoning 4200 APT

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Window Unit(s)

Heat Source Natural Gas

Exterior

Garage Spaces 4.0

Waterfront N

Water Access N

Accessibility None

Parking Type Parking Lot

Total Parking Spaces 4

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Norristown Area

Others

Tax ID 13-00-35676-005

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Michael J Sroka • Keller Williams Main Line
Bought with Susan Proud • HomeSmart Nexus Realty Group - Blue Bell
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