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813 W Main Street

NORRISTOWN, PA 19401
  • $495,000
  • STATUS: Active
  • ON SITE: 175 Days
  • MLS #: PAMC2098844
$495,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,599
    SQFT
  • $108
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

School District:

Description

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.

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www.chesapeakebayproperties.com/homes/148944046
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813 W Main Street NORRISTOWN, PA 19401

  • Price: $495,000
  • Status: Active
  • On Site: 175 Days
  • MLS #: PAMC2098844
0
Beds
0
Baths
0
½ Baths
0.13
Acres
4,599
SQFT
$108
$/SQFT
1900
Built
Neighborhood:
Norristown Boro (10613)
County:
Montgomery
Area:
Norristown Boro (10613)
School District:
Norristown Area
Property Description
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.
Exterior Features

Architectural Style Other Construction Materials BrickStucco Exterior Features Street LightsSidewalks Garage YN No Parking Types On Street Patio And Porch Features Porch(es)Patio(s)Balcony Pool No Pool Property Condition Average Roof Shingle Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 4599 Above Grade Unfinished Area 4599 Basement UnfinishedOutside EntranceDirt FloorShelving Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Exclusions All tenant belongings are excluded. Fireplace YN No Flooring WoodOtherTile/Brick Heating Baseboard - Electric Heating YN Yes Single Room Units 0 Three Bedroom Units 1 Two Bedroom Units 1 Units Furnished None Walls Ceilings 9'+ CeilingsDry WallPlaster WallsPaneled Walls

Property Features

Acceptable Financing CashConventionalNegotiable Accessibility Features 2+ Access Exits Central Air YN No Cooling Fuel None Cross Street Haws or Standbridge Electric 200+ Amp Service Existing Lease Type Month to Month Foundation Details StoneBlock Heating Fuel Natural Gas AvailableElectric Hot Water Natural GasElectricMulti-tank Insurance Expense 2500.00 Municipality NORRISTOWN BORO Navigable Water YN N New Construction YN No Number Of Units Leased 4 Number Of Units Total 4 Number Of Units Vacant 1 Original MLSNumber 802940678206 Owner Pays WaterTrash CollectionTaxes - Real EstateSewerSewer MaintenanceAdvertising/Licenses and PermitsOther Ownership Interest Fee Simple Property Sub Type Quadruplex Sale Type Standard Sewer Public Sewer Structure Design Type Twin/Semi-Detached Tax Annual Amount 7397.00 Tax Lot 19 Total Actual Rent 57600.00 Transportation Bus Stop less than 1 mileCommuter Rail Station less than 1 mileMetro/Subway Station less than 1 mile Utilities Cable TV AvailableElectric AvailableNatural Gas AvailablePhone Available Vacation Rental YN No Water Source Public Zoning QUADRAPLEX

 
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