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Listed by Rajan Bansal • Tesla Realty Group, LLC
$269,000
Est. payment /mo
1,608 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAMC2197138
Year Built 1825
Annual Tax Amount $3,505
Tax Year 2022
Lot Size 1,608 Sqft
Acres 0.04
Lot Dimensions 16.00 x 0.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
This is a remarkable investment opportunity in Norristown. This is a fully rentable rooming house with 7 rented units. This is a rare opportunity to acquire an income producing commercial residential property in Norristown. The rear side single bedroom is rented for monthly rent of $1400. All the rooms are intentionally kept vacant for sale to make it flexible for the buyer. Gross monthly rent is $5,000.00 with a lot of room for improvement. This property can be used as rooming house or duplex. The Listing agent must be present for all showings, and 2hr notice is required.
Location
State PA
County Montgomery
Area Norristown Boro (10613)
Zoning ROOMING HOUSE
Interior
Hot Water Natural Gas
Heating None
Cooling Window Unit(s)
Heat Source Natural Gas
Exterior
Garage Spaces 1.0
Utilities Available Other
Water Access N
Accessibility None
Total Parking Spaces 1
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Norristown Area
Others
Tax ID 13-00-25004-003
Ownership Fee Simple
Special Listing Condition Standard
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Nearby School & Business
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