Property
Beds
4
Full Baths
None
1/2 Baths
None
Year Built
1890
Sq.Footage
2,220
Investment Opportunity in Norristown! 🔑 Features: 1st Floor Unit: One bedroom, one bath Lease Expires: 9/24 Monthly Rent: $1,075 Recent Upgrades: New vanity, toilet, flooring, and faucet in the bathroom; new stainless steel gas stove, new stainless steel refrigerator Additional Features: New hot water heater 2nd Floor Unit: Three bedrooms, one bath Lease Expires: 1/25 Recent Upgrades: New carpets with pet-proof underlayment, new refrigerator, and 5 burner oven Additional Features: Replaced boiler water pump, all exterior boiler plumbing Common Upgrades: New backyard fence, patch, repair, roof coating on all roofs. Brick spalling completed with water-resistant mortar. Backyard can be used as off street parking and has a patio. Outdoor access storage closet. 💼 Investment Insights: Well-maintained duplex with reliable, long term tenants (Unit 1 since 2017, Unit 2 since 2010) Solid rental income with significant room for growth, especially in Unit 2 10% CAP Rate Recent upgrades are durable, lasting, and reduce maintenance costs Favorable lease expiration dates for flexibility 🔗 Additional Details: Ideal for investors looking to add to their portfolio or owner occupied Convenient location with access to amenities and transportation including the 90 and 131 bus lines across the street. Turnkey property with recent improvements Don't miss out on this prime investment opportunity in Norristown! Contact us today to schedule a viewing and explore the potential returns on this well-maintained duplex.
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
N/A
-
Above Grade Finished Area
2220.0
-
Basement YN
YES
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
Off Street, On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.06
-
Property Type
Residential Income
-
Property Sub Type
Duplex
-
Architectural Style
Colonial
Price
-
Sales Price
$275,000
-
Tax Amount
$5,039
-
Sq. Footage
2, 220
-
Price/SqFt
$123
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
NORRISTOWN AREA
Property Features
-
Foundation Details
Stone
-
Sewer
Public Sewer
-
Tax Lot
8
-
Water Source
Public
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Location
County
MONTGOMERY
Elementary School
Middle School
High School
NORRISTOWN AREA
Listing Courtesy of Connie Brady , RE/MAX Central - Blue Bell
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Owner, President, Investment Property Advisor
Theresa Kehler
Call Theresa today to schedule a private showing.
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