521 SWEDE ST new to site

Norristown,PA 19401

$ 629000

- Bed

- Bath

0 SqFt


Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAMC2123112

Style Straight Thru,Transitional

Year Built 1900

Annual Tax Amount $8,278

Tax Year 2023

Lot Size 2,088 Sqft

Property Description

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.

Don?t miss out on this high-income property with incredible location benefits!

Location

State PA

County Montgomery

Area Norristown Boro (10613)

Zoning M

Interior

Hot Water Natural Gas

Heating Radiant

Cooling None

Exterior

Garage Spaces 2.0

Waterfront N

Water Access N

Building

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Norristown Area

Others

Special Listing Condition Standard

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