Overview
- Interior Row/Townhouse, Residential Income
- 0.05
- 1900
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!
Address
Open on Google Maps- Address 521 SWEDE STREET
- City Norristown
- State/county PA
- Zip/Postal Code 19401
- Country US
Details
Updated on December 2, 2024 at 3:52 pm- Property ID: PAMC2123112
- Price: $599,000
- Land Area: 0.05 Acres
- Garage Size: x x
- Year Built: 1900
- Property Type: Interior Row/Townhouse, Residential Income
- Property Status: Active
Mortgage Calculator
- Down Payment
- Loan Amount
- Monthly Mortgage Payment
- Property Tax
- Home Insurance
- PMI
- Monthly HOA Fees
