Great opportunity to own a Large 4 unit office/apartment! Currently being used as a Dentist office on the front first floor, including 4 exam rooms, waiting room, storage room, reception area and half bath. Long time Tenant occupied in remaining 3 apartments each with their own entrance First large apartment includes, 4 bedrooms, living/dining room, kitchen, 1 full and 1 half bathroom, walk out basement nice patio and rear yard! 2nd apartment boasts large eat in kitchen, great room, 1 bedroom, 1 full bathroom and storage/laundry in basement. 3rd apartment large living room, Kitchen, 1 full bath, 1 bedroom inside access to basement with storage and laundry. 1022 shares the basement. 1024 rear has it's own walk-out basement. Large front porch, rear yard
3800+ square foot single home located on a block with other businesses.Off street parking for 6 cars in the rear of the building.Currently set up as 3 units but the buyer should check zoning for their future needs.
If you are looking for an easy investment without the headaches of doing repairs, remodeling and trying to find tenants, than here it is! With 3 stories and over 3,000 square feet this commercial/mixed use property is for you. Both units are occupied and tenants would like to stay. Utilities are separately metered. Currently the building is bringing in a net income of nearly 25k a year. With market rent for the apartment, the building could produce about a 7.5% return on investment. If you have a different vision for this propertyâs use, donât fear, there are no lengthy leases in place. This could be a great place to live and run a business or whatever you choose to do. The street has a high traffic count and the lot can accommodate 12 vehicle parking. Starting with the first floor, we have an upscale working salon with reception and waiting area, multiple stations, therapy rooms, office, powder room and galley style kitchenette. There is also another office in the basement which happens to be dry and kept neat along with the utilities and storage area. For additional storage there is a shed in the back of the parking lot. The 2nd floor, 3 bedroom apartment is accessed from the rear staircase, which brings you to a large rear deck. There are two glass doors that lead you to the living room with a gas fireplace and sizable modern kitchen along with powder room. The third floor has a full bathroom nestled between the bedrooms that have vaulted ceilings and skylights. Everything is up to code as the fire Marshall recently did an inspection. Property has been kept in great condition. Buy with confidence!
Dentist 1s floor monthly rent is $3925 call for more details. 6192 Total Sq Ft includes updated apartment on 2nd and 3rd floors 4 bedrooms 1 1/2 baths Section 8 paying about $3,000 a month for a 4 bedroom. 6192 Total Sq Ft includes updated apartment on 2nd and 3rd floors 4 bedrooms 1 1/2 baths. Dental office on 1st floor, waiting area, reception and numerous examination rooms plenty of room for expansion a medical building with other medical services eye doctor dermatologist etc 2 half baths . Three parking spaces behind the building and lots of street parking. Full finished basement usable space. Just a few blocks to Elmwood Park and the Norristown Zoo. Norristown! If you haven't recently visited, you may not have seen all the improvements that have occurred. From streetscapes, the cultural district, and major transportation improvement projects to thriving neighborhoods - commercial growth in Norristown is on the rise. Norristown is home to many new businesses - and our existing businesses are expanding! The Recreation Department provides programs for children and adults throughout the year. Our Thomas Barone Memorial Complex offers 3 fields, one with lights, for our youth baseball and softball programs. Latshaw Field is a host to Chestnut Hill University, Connie Mack Baseball During the Baseball Season Norristown Diamonds Senior League Baseball (Ages 30 and Over)We also have an adult softball field at Sully Gelet field and Patti Simons Field. Elmwood Park offers: Bocce ball picnic areas Sunday Concerts Volleyball :RIVERFRONT REDEVELOPMENT as property along the riverfront is readied for redevelopment, the path forward for a thriving riverfront is also underway. 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. Trail users may use these parking facilities at no cost after 5 p.m. on weekdays and all weekend. Visit the Schuylkill River Trail website to learn more. Elmwood Park Zoo is a zoo located in Norristown, Pennsylvania.
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!
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
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.
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.
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.
A unicorn turn key property in Norristown bringing in excellent rental income for any investor. RARE, 7 BEDROOM, updated rooming house, fully occupied with clean U&O. Due to the local zoning regulations it is almost impossible to obtain a license for a new rooming house, or group home unless you find one that is already licensed and grandfathered in. This is your chance to own one of the few legal rooming houses in Norristown. The house can be kept as-is, fully rented and already bringing in great monthly income, or use as a group home, veteran home, the opportunities are endless. Seller will take full responsibility for all use and occupancy requirements. Certificate of occupancy to be provided at closing. Building is fully occupied and already bringing in $5,600 per month at over a 9% CAP rate!! This is your chance to own this turn key, one of a kind property and start collecting rent checks immediately!
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!!!
Across the street from the county seat Montgomery County Court House. The property is in a prime location. Just a 1-block walk to the bus stop, grocery store . A short walk to Elmwood Park, the Norristown Zoo, Montgomery County Courthouse, train station (to Philadelphia) and the Norristown Public Library. Five-minute drive to King of Prussia, 30 minutes to Philadelphia. This is a rare opportunity to own 4 apartments under one roof and a commercial space great for a Starbucks. The rental demand in this area is strong. Montgomery County Housing Authority reimbursement for an apartment in this area is see attachment a month (per unit). If you haven't recently visited, you may not have seen all the improvements that have occurred in Norristown from streetscapes, the cultural district, and major transportation improvement projects to thriving neighborhoods - commercial growth in Norristown is on the rise. Norristown is home to many new businesses - and existing businesses are expanding. The Recreation Department provides programs for children and adults throughout the year. The Thomas Barone Memorial Complex offers 3 athletic fields, one with lights, for youth baseball and softball programs. Latshaw Field is host to the Chestnut Hill University Baseball Team. Elmwood Park offers: Bocce Ball, picnic areas, a brand new impressive 3 story playground, as well as outdoor concerts on Sundays and volleyball. The property along the Norristown riverfront is readied for redevelopment and the path forward for a thriving riverfront in place. Schuylkill River Trail and Norristown Transportation Center development has been completed. The 70-acre parcel that was the former site of the State Hospital was deeded to Norristown borough from the state last year. Plans for the re-development of this site are nearing completion.â
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.
Norristown is located in Pennsylvania. Norristown, Pennsylvania has a population of 35,607. Norristown is less family-centric than the surrounding county with 28.54% 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 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 is 33.6 years.
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.
