Norristown PA Multi Family for Sale
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- 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!
- Type:
- Twin Home
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.07 Acres
- Year built:
- 1960
- Baths:
- MLS#:
- PAMC2116202
ADDITIONAL INFORMATION
Duplex with quadplex opportunity!-- (714 Carmen Dr next door also for Sale!!) 712 Carmen dr sits in a quiet culdesac in Norristown on the edge of Plymouth Meeting, minutes to Schuylkill Expressway, Pennsylvania Turnpike, Blue Route, King of Prussia, and minutes away from the train station. Commercial growth in Norristown is on the rise. Norristown is home to many new businesses - and our existing businesses are expanding. Schuylkill River Trail: The trailhead at Norristown Transportation Center was developed for use by trail users through the cooperation of Municipality of Norristown, Montgomery County Parks and PA Heritage Parks, and SEPTA. Home features: Two units with (2) Bedrooms and one bathroom each. Current long-time tenants in place paying on time with Month-to-month leases. ($1100 Section 8 )and ($850). The landlord pays only for Water and Trash. Home Features: New roof 2023, stucco repainted 2024, Heat converted from oil to gas. !!714 Carmen Dr next door also for Sale!! 714 Carmen current (under market) Rents: 2025
- Type:
- Twin Home
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.07 Acres
- Year built:
- 1960
- Baths:
- MLS#:
- PAMC2116200
ADDITIONAL INFORMATION
Duplex with quadplex opportunity!-- (712 Carmen Dr next door also for Sale!!) 714 Carmen dr sits in a quiet culdesac in Norristown on the edge of Plymouth Meeting, minutes to Schuylkill Expressway, Pennsylvania Turnpike, Blue Route, King of Prussia, and minutes away from the train station. Commercial growth in Norristown is on the rise. Norristown is home to many new businesses - and our existing businesses are expanding. Schuylkill River Trail: The trailhead at Norristown Transportation Center was developed for use by trail users through the cooperation of Municipality of Norristown, Montgomery County Parks and PA Heritage Parks, and SEPTA. Home features: Two units with (2) Bedrooms and one bathroom each. Current long-time tenants in place paying on time with Month-to-month leases. ($1100 )and ($925). The landlord pays only for Water and Trash. Home Features: New roof 2023, stucco repainted 2024, Heat converted from oil to gas. !!712 Carmen Dr next door also for Sale!! 712 Carmen current (under market) Rents: $1950
- Type:
- Twin Home
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.04 Acres
- Year built:
- 1910
- Baths:
- MLS#:
- PAMC2115056
ADDITIONAL INFORMATION
Discover a unique multi-family investment opportunity with this charming property featuring two separate buildings. The front structure boasts a cozy 2-bedroom, 1-bathroom home, while the rear offers a detached, two-story unit with 1 bedroom and 1.5 bathrooms. Both units are currently leased on a month-to-month basis, providing flexibility for future plans. Currently the monthly rent is $2,390. Situated in a serene part of town, this property is conveniently close to highways, parks, shopping, and other amenities. Donât miss this rare chance to own a versatile property with great rental potential!
- Type:
- Twin Home
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.05 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- PAMC2113496
ADDITIONAL INFORMATION
Recently updated 4 unit. All new windows, recently painted and new flooring. Heater is only a few years old. Recently passed U and O but will need to update. Unit 1 lower level (1br)has rent coming too an end. Currently $800. New rent will be $1750 Unit 1 Main(2br) just rehabbed and will rent $2150. Unit 2 (2br) rent for $2150. Unit 3 (1br) rented $1750. Total rent will be Approx $7800 per month. Expense list will be listed as an attachment. Best block in the Boro.
- Type:
- Twin Home
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 1950
- Baths:
- MLS#:
- PAMC2113638
- Subdivision:
- Norristown
ADDITIONAL INFORMATION
ACT FAST! This newly updated duplex won't last long! Featuring a 1-bedroom, 1-bathroom unit on the first floor (Unit B) with potential to convert into a 2-bedroom, and a tenant occupied 1-bedroom, 1-bathroom unit on the second floor (UNIT A) ,of this property offers a fantastic investment opportunity. Move-in ready. Whether you're looking to live in the unit yourself or rent it out, this space offers flexibility and modern amenities. POTENTIAL RENTS OF $28,800 - $30,000 ANNUALLY *********UNIT A NEEDS 24 hour notice for Viewings ********* Second Floor: The second-floor unit is currently occupied by a tenant and features 1 bedrooms and 1 bathroom. Like the first floor, this unit has also been newly updated, providing a comfortable and stylish living space for your tenants. Recent Updates: Both units have been newly updated with modern finishes and fixtures. Please refer to the work done information sheets available in the documents section, along with the Seller's Property Disclosure (SPD) and Lead Paint Disclosure (LPD) for detailed information. Located in a desirable neighborhood with easy access to local amenities, public transportation, and more, this duplex is an excellent opportunity for investors or those looking to occupy one unit while renting out the other. Don't miss out on this rare opportunityâschedule a viewing today!
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.03 Acres
- Year built:
- 1875
- Baths:
- MLS#:
- PAMC2113014
ADDITIONAL INFORMATION
Great Mixed use property is the perfect addition for a buyer/investor looking to add a renovated property with significant income potential! Both units are vacant. Recent rents for each unit were below market at $1,350/month. Market rents for the 4 bedroom residential space are averaging $1800+/month. The first floor unit is a Renovated Retail / storefront space (around 700 sf.) that was previously a Coffee shop with a renovated full bathroom (handicapped accessible) with plenty of seating area. The zoning is TC, which allows for most retail uses. There is a large 4-bedroom Residential rental unit on the top two floors of the building with hardwood floors throughout the apartment. The 4 spacious bedrooms (two are 14x12 and two closer to 13x10) share one Full Bathroom. The kitchen leads to an outdoor deck. There are also 10' ceilings and plenty of natural light. Upgrades include the following (see attached Upgrade list): Central A/C (split units - 4 zones in the property installed 2019), Commercial space (new counters and electrical, plumbing), Refinished hardwood Flooring, Newer Laundry area with Washer/Dryer, Water Heater (2018), Electrical (200 amps - 3 separate panels), some Windows replaced . Location, Location, Location !!! Perfect location in Norristown to run a business or a good investment opportunity to generate rental income. The property offers walkability to local businesses and multiple public transportation options. Conveniently located in downtown Norristown close to major shopping areas, turnpikes (including Dekalb Pike-Route 202), and public transportation, making your daily commute and shopping a breeze. Recent development was announced in the immediate area! Schedule your showing today to secure this Investment property featuring many upgrades and rental income potential !
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.05 Acres
- Year built:
- 1910
- Baths:
- MLS#:
- PAMC2112422
ADDITIONAL INFORMATION
Investor Alert ! Don`t miss this well maintained mixed use property. First floor is leased to an Auto Tag / Insurance Business. First floor has a half bath and a rear exit to the the fenced in back yard and parking. lot with 6 car parking. Second and third floor is a residential two bedroom apartment which is currently tenant occupied. Second floor features a kitchen , full bathroom and nice size living room. Third floor features two nice size bedrooms.
- 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:
- 3.96 Acres
- Year built:
- 1872
- Baths:
- MLS#:
- PAMC2110672
ADDITIONAL INFORMATION
Huge potential for turnkey rental properties in Worcester township, Methacton school district. The farmhouse has 3 one bedroom rentals (one is currently rented on a month to month basis) in addition to a very large ranch home behind the farmhouse that offers many different possibilities after some renovations. The ranch has great bones with 4 large bedrooms, a living room, dining room, kitchen, huge family room with fireplace and 3 full bathrooms. Two of the rentals in the farmhouse have been occupied until recently. More than enough parking for everyone. The homes sit on a very pretty, flat lot of almost 4 acres. Buy it to occupy and enjoy rental income or buy it to renovate and sell.
- 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:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.06 Acres
- Year built:
- 1874
- Baths:
- MLS#:
- PAMC2104862
ADDITIONAL INFORMATION
Turn-Key investment portfolio being offered individually or part of a package deal. 4 buildings in total with 12 units all fully occupied and under professional property management available. Welcome to this newly renovated fully occupied triplex. Featuring 2 - 1 bedroom appts, and 1 -2 bedroom. New vinyl floors have been installed and all kitchens & baths have been updated. Unit 1 is the 2 bedroom, units 2 & 3 are 1 bedroom. All financials are available upon request. This is as turn- key as you can get for an investor.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.04 Acres
- Year built:
- 1825
- Baths:
- MLS#:
- PAMC2104844
ADDITIONAL INFORMATION
Turn-Key investment portfolio being offered individually or part of a package deal. 4 buildings in total with 12 units all fully occupied and under professional property management available. Updated Brick Triplex fully occupied. Featuring 3- 1 bedroom appts all have been updated and are in good condition. Unit 1 is ground floor with a full bath newer kitchen. Unit 2 is on the 2nd floor which has been newly carpeted with a full bath and updated kitchen. Unit 3 is on the third floor it has been recently renovated with a spacious kitchen and full bath. This building is in very good condition. Financials are available upon request. This is as turn- key as you can get for an investor.
- Type:
- Twin Home
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.04 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- PAMC2104860
ADDITIONAL INFORMATION
Turn-Key investment portfolio being offered individually or part of a package deal. 4 buildings in total with 12 units all fully occupied and under professional property management available. Updated duplex with excellent rental history being offered fully occupied. Both units have newer kitchens, baths, and flooring. Both have been professionally maintained and cared for. All financials are available upon request. This is as turn- key as you can get for an investor. Unit one is on the first floor and offers 2 good size bedrooms, eat in kitchen, a full bath, and a basement for storage. Unit 2 is on the 2nd & 3rd floors featuring 3 large bedrooms, a spacious updated kitchen, and an updated full bath.
- Type:
- Twin Home
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.08 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- PAMC2104864
ADDITIONAL INFORMATION
Turn-Key investment portfolio being offered individually or as part of a package deal. 4 buildings in total with 12 units all fully occupied and under professional property management available. Fully occupied Quadruplex featuring 1 studio apt, 2 -1 bedroom apts, and 1 -3bedroom appt. All financials are available upon request. This is as turn- key as you can get for an investor. This 4 unit building is in good shape and has an exceptional rental history.
- 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:
- Twin Home
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.13 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- PAMC2098844
ADDITIONAL INFORMATION
Don't miss out on this excellent opportunity to own a 5-unit investment property with tons of original detail! This property features beautiful original woodwork, a wraparound porch, a balcony on the side of the home and spacious side and rear yards. The building is zoned as a quadraplex. There are three 1 bedroom apartments, one 2 bedroom apartment, and one 3 bedroom apartment. The current owner uses the 5th unit (a 1 bedroom apartment) for storage, the other 4 units are rented. The two 1 bedroom units are rented at $1200 each, the 2 bedroom is rented for $1,000, and the 3 bedroom is rented for $1400. Some of these rents are low for the market. Each tenant pays their own electric/gas for heat and hot water. The water is not split, landlord pays water.
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.24 Acres
- Year built:
- 1930
- Baths:
- MLS#:
- PAMC2098244
ADDITIONAL INFORMATION
Optimal investment opportunity situated in a heavily traveled and busy business district of East Norriton Township! This 3-story multi-use property has been meticulously maintained by a long-time owner. The first-floor unit houses the hair salon/clinic and is an established business in the area. The unit features a reception area, a waiting area, spacious workstations, two therapy rooms, a private office, a kitchenette, and access to a full basement with plenty of storage space. The current ownerâs wife owns and operates the salon business and would like to lease the space from the new owner to continue operating the business. Move upstairs from the rear and enter the bi-level residential apartment, which is currently leased for $1,200/month until September 30th, 2024. Comparable rentals in the area have been leased in the $1700-2000 per month range. The main floor of the unit offers an updated kitchen, a comfortable living room with a gas fireplace, wall-to-wall carpeting, and access to the huge back deck. Finishing off the main floor is a convenient half bathroom. The top floor shows off a sizable bedroom with a vaulted ceiling and skylight. Two additional bedrooms also have a skylight and ample closet space, and a full bathroom completes the level. Other features of the apartment include a washer/dryer, and ceiling fans in all living spaces. Both units have all separate utilities. Parking is easy with 12 parking spaces (two parking spaces are dedicated to the residential apartment). The property is strategically located close to major shopping areas, banks, hospitals, apartment buildings, and residential areas. Easy access to Schuylkill Expressway, rt 202, and PA Turnpike. Looking to the future, the potential cash flow is significant. With the current owners leasing the salon, and the apartment being leased at current market value come September under new ownership, the cap rate stands to potentially reach an impressive 6.5-7%. This building is a cash flow machine and will be a great addition to any investor's portfolio!
- 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.
$495,000
311 Haws Avenue Norristown, PA 19401
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- PAMC2086260
ADDITIONAL INFORMATION
Seller Financing May Be Available! 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
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Norristown Real Estate
The median home value in Norristown, PA is $310,000. This is higher than the county median home value of $298,200. The national median home value is $219,700. The average price of homes sold in Norristown, PA is $310,000. Approximately 33.85% of Norristown homes are owned, compared to 52.45% rented, while 13.7% 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 has a population of 34,556. Norristown is less family-centric than the surrounding county with 23.82% of the households containing married families with children. The county average for households married with children is 35.13%.
The median household income in Norristown, Pennsylvania is $45,017. The median household income for the surrounding county is $84,791 compared to the national median of $57,652. The median age of people living in Norristown is 32.5 years.
Norristown Weather
The average high temperature in July is 88.2 degrees, with an average low temperature in January of 22.1 degrees. The average rainfall is approximately 47.5 inches per year, with 23.8 inches of snow per year.