Create passive income! Duplex with entire first floor as a first unit; the 2nd unit span the entire second and third floor, has 2/3 bedrooms and is vacant at this moment. Separate utilities means low expenses. Great location. Buyer reponsible for all U&O requirements. The owner occupies the first floor and would like to lease back the apartment with negotiable terms. All offers will be reviewd by Friday 10/04/24 however Seller reserves the right to accept any offer prior to this date. Please present your highest and best offers asap.
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!
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!
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
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
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!
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.
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!
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 !
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.
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
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%
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.
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.
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.
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.
*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
Total of 7 units 1st floor office with a full bath with a separate hall 1/2 bath. Interior units can be expanded by connecting to the 3 rear units. Buyers title co to hold deposit money. 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 toChestnut Hill University,Connie Mack BaseballCYO During the Baseball SeasonNorristown DiamondsSenior 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 BallPicnicsPlayground AreasSunday ConcertsVolleyball :RIVERFRONT REDEVELOPMENT.As property along the riverfront is readied for redevelopment, the path forward for a thriving riverfront is also underway.Schuylkill River TrailThe 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.
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.
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
Norristown is located in Pennsylvania. 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.
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.
