Sold
Listed By:
RE/MAX Central - Blue Bell
Sold By:
Non Subscribing Office
Address
830 W Marshall Street, Norristown, PA
Price
$ 265,000
Property Attributes
  • MLS#PAMC2092552
  • TypeMulti-Family
  • CountyMONTGOMERY
  • CityNorristown
  • Zip19401
  • Style
  • Price$ 265,000
  • Bedrooms4
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2,614 SqFt
Data Source:
Bright MLS
Property Description

Investment Opportunity in Norristown! Features: 1st Floor Unit: One bedroom, one bath Lease Expires: 9/24 Monthly Rent: $1,075 Recent Upgrades: New vanity, toilet, flooring, and faucet in the bathroom; new stainless steel gas stove, new stainless steel refrigerator Additional Features: New hot water heater 2nd Floor Unit: Three bedrooms, one bath Lease Expires: 1/25 Recent Upgrades: New carpets with pet-proof underlayment, new refrigerator, and 5 burner oven Additional Features: Replaced boiler water pump, all exterior boiler plumbing Common Upgrades: New backyard fence, patch, repair, roof coating on all roofs. Brick spalling completed with water-resistant mortar. Backyard can be used as off street parking and has a patio. Outdoor access storage closet. Investment Insights: Well-maintained duplex with reliable, long term tenants (Unit 1 since 2017, Unit 2 since 2010) Solid rental income with significant room for growth, especially in Unit 2 10% CAP Rate Recent upgrades are durable, lasting, and reduce maintenance costs Favorable lease expiration dates for flexibility Additional Details: Ideal for investors looking to add to their portfolio or owner occupied Convenient location with access to amenities and transportation including the 90 and 131 bus lines across the street. Turnkey property with recent improvements Don't miss out on this prime investment opportunity in Norristown! Contact us today to schedule a viewing and explore the potential returns on this well-maintained duplex.

Price History
1/9/2024 Listed $275,000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 19401

Price
AVG $430K
$270K