$945,000
Calculate Payment
Calculate Payment
1132 W Main Street Norristown, PA 19401 Municipality: Norristown Boro
Multi-Family
Residence
Beds
2
Baths
...
Bed/Bath
5,685
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Mixed-Use apartment building now For Sale. This 7 Unit building located in Norristown has 6 residential units and a commercial space occupied by a Restaurant that has been at this location for 45 years. Here is an opportunity to own a profitable investment property. In a town that is starting to see... growth that it has not seen in many years! Alfredo's Restaurant takes up the entire 1st floor of this 5,685 sq. ft. Building. There are 6 licensed residential rental units plus the restaurant all on the premises. There is a 1st floor Efficiency apartment with tenant paying their own electric, 3 units on the 2nd floor, a 2 bedroom with an outside deck that also has all utilities including heat and hot water completely separate. There are 2 other 2nd floor Efficiency units also that have separate electric meters. On the 3rd floor there are 2 more units these are boarding room units in good condition. All units and the restaurant are officially licensed. The building will meet all of the Municipality of Norristown's requirements even Norristown's latest added Fire Egress Safety Requirement. The location of this property cannot be beat it is located on the very West end of Norristown just below the West Norriton Township line and only 1 mile from the center of Town where the new Justice Center is currently being built. Be a part of Norristown's amazing growth! It has been many years since you could look at Norristown from the Bridgeport side or any of the surrounding Townships and see 2 large Tower Cranes above its skyline! Come and join some of the Country's top franchises that have come to Norristown such as Chase Bank, Dunkin Donuts, McDonalds, Domino's, Royal Farms, Aaron's and others. Note: The Restaurant is owned by the Seller and there is a Lease in place, the current Restaurant Tenant will remain in place after the sale. The Owner of the Restaurant will entertain any Buyers who are interested in purchasing the restaurant as well.
Continue reading
MLS#
PAMC2103014
Property Type
Multi-Family
Bathrooms
Year Built
1910
Square Feet
5,685
sq. ft
Price per Sq. Ft.
$166.23
Lot Size
0.1
Sewer
Public Sewer
Receive an email as soon as the price changes
Receive an email
as soon as the price changes
Get Price Alerts
Don't miss your chance. Receive an email as soon as the price changes.
Enter your work address to view actual drive times with traffic for this property.
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
How much home can I afford?
Kickstart your home search journey with our online Pre-Approval.
Nearby Homes For Sale
Just Listed
And
Homes Available
In
See How Much You Could Save
Thinking about buying or selling? Talk to one of our Mortgage Professionals today to see how much you could save on your next home. Call us at 833-981-2030.