Norristown PA Multi Family for Sale
$900,000
3126 Ridge Pike Eagleville, PA 19403
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.05 Acres
- Year built:
- 1960
- Baths:
- MLS#:
- PAMC2094740
ADDITIONAL INFORMATION
Amazing opportunity for your business with additional rental income or a commercial development in a prime location with excellent frontage and exposure on Ridge Pike. This property sits on over an acre of ground in Lower Providence Township. The main building and carriage home combined have 2 or more office spaces, 3 residential units with a potential for more, and 4 baths total (plumbing is in place for an additional 2 bathrooms). Plenty of upside income potential! These classic buildings are located on Ridge Pike and a short distance west of Route 363, with maximum traffic exposure. The main building and carriage home offer over 9,300 square feet and there is a parking lot with 20 spaces (including 2 handicap spaces) and 6-car parking beside the carriage home. The first floor of the main building includes 2 or more office spaces and a bathroom. The second floor includes several bedrooms and a full bathroom. The third floor offers a 1 Bedroom / 1 Bath apartment (currently leased for $1,350/month). The carriage home is a 2 Bed / 1 Bath apartment (currently on a 3-month lease at $1,700/month). This building also features a standing seam metal roof (installed in 2015) and a full basement. The location canât be beat and the opportunities are endless, schedule your showing today before itâs too late!
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Norristown Real Estate
The median home value in Norristown, PA is $269,900. This is lower than the county median home value of $419,100. The national median home value is $338,100. The average price of homes sold in Norristown, PA is $269,900. Approximately 37.62% of Norristown homes are owned, compared to 52.57% rented, while 9.81% are vacant. Norristown real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Norristown real estate agent to arrange a tour today!
Norristown, Pennsylvania 19403 has a population of 35,607. Norristown 19403 is less family-centric than the surrounding county with 28.15% of the households containing married families with children. The county average for households married with children is 34.89%.
The median household income in Norristown, Pennsylvania 19403 is $55,354. The median household income for the surrounding county is $99,361 compared to the national median of $69,021. The median age of people living in Norristown 19403 is 33.6 years.
Norristown Weather
The average high temperature in July is 87.2 degrees, with an average low temperature in January of 21.2 degrees. The average rainfall is approximately 46.9 inches per year, with 16.7 inches of snow per year.