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1020 W Main Street

NORRISTOWN, PA 19401
  • $285,000
  • STATUS: Active Under Contract
  • ON SITE: 178 Days
  • ID#: PAMC697202
Under Contract
UPDATED: 104 min ago
$285,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,974
    SQFT
  • $96
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1889
County:

School Ratings & Info

School District:

Description

CALLING ALL NORRISTOWN INVESTORS: This well maintained oversized 3 unit triplex is an ideal investment property. This building has been well-kept by a local professional property management company and is extremely low-maintenance. All 3 residential units are currently occupied with the following rent amounts: Unit 1 rented until 11/30/2021 for $1,195/month Unit 2 rented until 4/30/2022 for $1,045/month Unit 3 rented until 9/30/2021 for $915/month. Separate electric meters and hot water heaters. This investment opportunity comes at a 9.0 cap rate, so if you are in search of a solid ROI, look no further. Don't miss your opportunity at this fantastic investment property. Property is being sold as is. Buyer is responsible for the U & O.

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-06T23:50:09.143.
www.locomusings.com/homes/118144046
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1020 W Main Street NORRISTOWN, PA 19401

  • Price: $285,000
  • Status: Active Under Contract
  • On Site: 178 Days
  • Updated: 104 min ago
  • ID#: PAMC697202
0
Beds
0
Baths
0
½ Baths
0.16
Acres
2,974
SQFT
$96
$/SQFT
1889
Built
Neighborhood:
Norristown Boro (10613)
County:
Montgomery
Area:
Norristown Boro (10613)
School District:
Norristown Area
Property Description
CALLING ALL NORRISTOWN INVESTORS: This well maintained oversized 3 unit triplex is an ideal investment property. This building has been well-kept by a local professional property management company and is extremely low-maintenance. All 3 residential units are currently occupied with the following rent amounts: Unit 1 rented until 11/30/2021 for $1,195/month Unit 2 rented until 4/30/2022 for $1,045/month Unit 3 rented until 9/30/2021 for $915/month. Separate electric meters and hot water heaters. This investment opportunity comes at a 9.0 cap rate, so if you are in search of a solid ROI, look no further. Don't miss your opportunity at this fantastic investment property. Property is being sold as is. Buyer is responsible for the U & O.
Exterior Features

Architectural Style Colonial Construction Materials Brick Garage YN No Other Structures Above GradeBelow Grade Parking Types On Street Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2974 Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Fireplaces Total 0 Heating Baseboard - Electric Heating YN Yes Single Room Units 0 Three Bedroom Units 1 Two Bedroom Units 1

Property Features

Accessibility Features None Assessment Year 2021 Association YN No Central Air YN No Cooling Fuel None Heating Fuel Electric Hot Water Electric Municipality Norristown Boro Navigable Water YN N New Construction YN No Number Of Units Total 3 Number Of Units Vacant 0 Original MLSNumber 304652010945 Ownership Interest Fee Simple Possession Settlement Property Sub Type Triplex Sale Type Standard Sewer Public Sewer Structure Design Type Twin/Semi-Detached Tax Annual Amount 6255.00 Tax Assessment Amount 105610.00 Tax Lot 039 Vacation Rental YN No Water Source Public Zoning Res

Listing courtesy of Compass Pennsylvania, Llc.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-12-06T23:50:09.143.
 
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