Norristown PA Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
n/a
Lot size:
0.05 Acres
Year built:
1900
Baths:
MLS#:
PAMC2123112

ADDITIONAL INFORMATION

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. Donât miss out on this high-income property with incredible location benefits!

Type:
Single Family
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
n/a
Lot size:
0.1 Acres
Year built:
1900
Baths:
MLS#:
PAMC2122518

ADDITIONAL INFORMATION

This property boasts tremendous potential and the perfect canvas for the savvy investor or homeowner. There have been some updates to the interior units, but this property offers endless opportunities and is poised for transformation. There are tenants in place and with the right investor there is potential of increase in rental income. All properties as is condition, buyer to pay for U & O

Type:
Single Family
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
n/a
Lot size:
0.02 Acres
Year built:
1870
Baths:
MLS#:
PAMC2122394
Subdivision:
Norristown

ADDITIONAL INFORMATION

Three unit triplex with town center zoning in Norristown. Few blocks from the courthouse and septa. Corner property with attached garage on side of building. Gas, Electric and hot water heaters are all separated. Being sold as is and buyer responsible for U&O.

Type:
Twin Home
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.11 Acres
Year built:
1954
Baths:
MLS#:
PAMC2122356

ADDITIONAL INFORMATION

Investor's Alert! All brick exterior duplex located in upper end of Norristown. 2 Apartment's are Identical and features 2 bedrooms and 1 bathroom. Excellent condition with carpeting throughout each apartment with tile flooring in the breakfast area, bathrooms, kitchens. Each kitchen features gas cooking and a refrigerator heating is gas forced air and cooling. Each apartment has a large private basement with plenty of storage room plus there own washer and dryer and a shared nice size back yard and off street parking. Both apartments are tenant occupied bringing in $2,868.00 + a month, Sec-8 Housing Approved, leases are month to month and landlord pays water, sewer and trash. "Schedule Your Tour Today"

Type:
Single Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.1 Acres
Year built:
1865
Baths:
MLS#:
PAMC2118442

ADDITIONAL INFORMATION

Very large mixed use building just steps away from the Montgomery Courthouse. This mixed use building features 3 units and has 6 off street parking spots included with access in the rear of the building. The second and third floors are one apartment unit that is currently occupied. It features 3 bedrooms and 2 full baths. There is also a 2,000 SF ground floor commercial space has 30 frontage on Swede Street near highly desirable shopping, residential areas, and many other amenities making this a convenient space for locating your office or small business. This clean, spacious, and bright office suite area includes 3 to 4 office spaces that can be configured for several people with a conference room, waiting area, and kitchenette. there is also a storage garage in the rear that is currently rented out. Please allow 48-hr notice for showing tenant-occupied portion. Lower level (office area) is unoccupied.

Type:
Twin Home
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.09 Acres
Year built:
1900
Baths:
MLS#:
PAMC2117636

ADDITIONAL INFORMATION

Investor Alert! Fantastic multi-unit property at Norristown, PA. This property features multiple rental units with excellent income potential. The first floor is a 1-bedroom unit with separate dining and living rooms, currently rented for $1,000/month. The second unit offers a 4-bedroom unit, rented for $2,000/month. This opportunity providing an immediate income opportunity. Don't miss out on this prime investment in a high-demand area! Seller is getting a whole new roof for the property.

Type:
Single Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.04 Acres
Year built:
1900
Baths:
MLS#:
PAMC2111280

ADDITIONAL INFORMATION

Norristown INVESTORS welcome to 57 E Wood St. A 2 unit detached duplex with a nice side yard. Property has had long standing tenants and one just moved out. One 3 bedroom 2 full bath unit (2nd and 3rd floor - rented for $1200) is currently occupied and one 1 bedroom 1 bathroom unit (1st floor) is currently vacant. The basement can be accessed through the 1st floor unit and it also has its own entrance from the exterior. Units could benefit from some cosmetic updates. Seller will not do any repairs this is an as is sale in as is condition, buyer to pay for U & O. Bring us an offer today!!!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.04 Acres
Year built:
1899
Baths:
MLS#:
PAMC2108650

ADDITIONAL INFORMATION

Don't miss out on this excellent opportunity to own a 5-unit investment property with tons of original detail. The property consists of a 4 unit newly painted building and an attached house on one tax parcel. It's fully leased with current monthly income of $5080.00. Property is conveniently located only blocks from shopping, schools, parks, houses of worship, and transportation. 4 units have updated kitchens and bathrooms, including counter tops, flooring, cabinets and back splashes. CAP rate equals 7.2%

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.06 Acres
Year built:
1935
Baths:
MLS#:
PAMC2103516

ADDITIONAL INFORMATION

*Investor Alert! A duplex on a well maintained street in Norristown with a 1 Bed/1 Bath downstairs unit and a 3 Bed/1Bath unit on the 2nd floor. A great location in a great neighborhood. Both tenants are on a month to month lease worth $850/m (1Bed) and $1500/m 2 (bed). Perfect for an owner occupied duplex where one unit rent can cover your mortgage, or for an experienced multi-family investor looking to expand their portfolio at a competitive asking price. 1 Bed unit is a large and spacious with a nicely sized covered patio. Rent is currently below market and could also easily be converted into a 2 bed unit. 3 Bed Unit has additional room off back with both a front and rear entry, A large shared basement with its own exterior access into the backyard houses a 2 year old furnace and washer/dryer. The basement also showcases new heating units. Stanbridge St. is conveniently located right off of Route 202, 276, 76, and 476. Showing Contact Thomas Burleigh

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.1 Acres
Year built:
1874
Baths:
MLS#:
PAMC2091780

ADDITIONAL INFORMATION

711 rent $1450, 713 Rented for $1450, 715 rent is $1100 a month Investment Opportunity. Currently rented. 3 properties being sold. 711 Cherry, 713 Cherry, 715 Cherry. All 3 properties are separately deeded separate parcel numbers.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.05 Acres
Year built:
1875
Baths:
MLS#:
PAMC2086282

ADDITIONAL INFORMATION

All properties as is condition, buyer to pay for U & O This property boasts tremendous potential and the perfect canvas for the savvy investor or homeowner. There have been some updates to the interior units, but this property offers endless opportunities and is poised for transformation. There are tenants in place and with the right investor there is potential of increase in rental income.

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Andrea Conner, Maryland License 667140, Xome Inc., License 667140, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, D.C. License BR200200783, Xome Inc., License CO98372739, [email protected], 844-400- 9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, PA License # RM425337, Xome Inc., PA License #RB067821, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Andrea Conner, NJ License # 1758875, Xome Inc. NJ License # 2326449, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

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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 19401 has a population of 35,607. Norristown 19401 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 19401 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 19401 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.

Norristown Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    104
    30-day change

Norristown Schools and Demographics

Education near Norristown, PA

Metric City County
High School Graduates 83.71 94.66
College Degree - 2 year 8.72 7.31
College Degree - 4 year 22.83 50.75
Graduate Degree 7.55 15.23
Expenditures per Student 22,858 22,858
Students per Teacher 13.3 13.3

Elementary Schools near Norristown, PA

School Grades Students P/T Ratio ZIP
Audubon Elementary School KG - 04 433 14 19403
Blue Bell Elementary School KG - 05 407 13.6 19422
Bridgeport Elementary School PK - 04 403 14.1 19405
Cole Manor Elementary School KG - 04 468 16.1 19401
Gotwals Elementary School 01 - 04 415 14.7 19401
Hancock Elementary School 01 - 04 386 13.8 19401
Marshall Street Elementary School KG - 04 686 16.2 19403
Paul V Fly Elementary School KG - 04 554 13.3 19403
Plymouth Elementary School KG - 03 517 14.8 19462
Ray S. Musselman Learning Center KG - KG 277 21 19401
Stony Creek Elementary School KG - 05 442 14.6 19422
Whitehall Elementary School KG - 04 525 13.2 19403

Middle Schools near Norristown, PA

School Grades Students P/T Ratio ZIP
Arcola Intrmd School 07 - 08 777 12.1 19403
Colonial Elementary School 04 - 05 678 13.2 19462
Colonial Middle School 06 - 08 1,098 12.4 19462
East Norriton Middle School 05 - 08 883 12.6 19401
Eisenhower Middle School 05 - 08 576 11.4 19401
Skyview Upper Elementary School 05 - 06 802 12.9 19403
Stewart Middle School 05 - 08 522 11 19401

High Schools near Norristown, PA

School Grades Students P/T Ratio ZIP
Methacton High School 09 - 12 1,662 13.6 19403
Norristown Area High School 09 - 12 1,687 12.7 19403
Plymouth-Whitemarsh Senior High School 09 - 12 1,475 14.2 19462

Ungraded Schools near Norristown, PA

School Grades Students P/T Ratio ZIP
* Central Montco Technical High School 09 - 12 0 19462
* Roosevelt Altern School 09 - 12 110 12.9 19401

Demographics near Norristown, PA 19401

Metric Zip Code City
Neighborhood Type Inner City
Population 35,607 850,890
Population Density 10,130 1,762
Median Age 33.6 41.2
People per Household 2.6 2.5
Median Household Income 55,354 99,361
Average Income per Capita 26,468 53,343