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This building is in a great location. All units occupied most are long term tenants. Placed well in the west end the front unit has the potential to be an office or possibly a storefront. The owner has separated the utilities and installed gas heaters for each unit. The square footage and location makes this building worth consideration for an investor. Current rents: #1 500 #2 studio 575 #3 1 Br 675 #4 2 BR 850 #5 825. Yearly income is $41,000. NOI at30,000 Cap rate @ 10

Property Highlights

Type

Multi-Family

Style

Detached, Other

Year Built

1912

Subdivision

NONE AVAILABLE

Inside City

Not Specified, NORRISTOWN

County

MONTGOMERY

Elementary School

HANCOCK

Middle School

EISENHOWER

High School

NORRISTOWN

Property Details for 1032 W MAIN ST

1032 W MAIN ST is a multi-family for sale in Norristown, PA 19401. This 3700.00 SQFT multi-family sits on a 0.08 acre lot and features 0 bedrooms and 0 bathrooms. Built in 1912, this multi-family has been on the market for a total of 12 months and is currently priced at $275,000.

Bedrooms

One Bedroom Units
2
Two Bedroom Units
1

Other Rooms

Basement
Full  /  Unfinished

Interior

Flooring
Fully Carpeted  /  Wood
Laundry
None

Exterior

Exterior Features
Sidewalks  /  Street Lights
Roof
Flat
Pool
No Pool

Heating & Cooling

Central Air
No
Cooling
None
Cooling Fuel
Electric
Heating
Hot Water
Heating Fuel
Natural Gas
Water Heater
Natural Gas

Services

Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer

Parking

Garage Spaces
0.00
Parking
On Street
Parking Features
Street

Building

Total SQFT
3700.00
Total Finished SQFT
2500
Above Grade Finished SQFT
2500
Property Sub Type
Multi-Family
Structure Type
Detached
Architectural Style
Other
Accessibility Features
None
Other Structures
Above Grade

Construction

Year Built
1912
New Construction
No
Construction Materials
Brick

Lot

Acres
0.08
Lot SQFT
3700.00
Zoning
RO
Land Use Code
1140

Waterbody

Waterfront
No
View of Water
No
Waterbody Tidal
No

Community

Subdivision
NONE AVAILABLE
County
MONTGOMERY

Schools

Elementary School
HANCOCK
Middle School
EISENHOWER
High School
NORRISTOWN
School District
NORRISTOWN AREA

Address

Address
1032 W MAIN ST, NORRISTOWN, PA 19401
Street Address
1032 W MAIN ST
City
NORRISTOWN
Zip
19401
Latitude
40.12073000
Longitude
-75.35822000
Directions
West on Main St to the corner of Buttonwood St
State
PA

Pricing

Sale Type
Sale
Price
$275,000
Price Per SQFT
$110

Status

MLS ID
1001929386
Status
Active
Published Date
June 25, 2018
Modified Date
June 6, 2019 at 9:48 AM

Taxes & Assessments

Tax Assessed Value
117800.0
Tax Lot
033
Tax Year
2018

Source

Agent
Jasper J DiSanto
Agent Phone Number
6108289558
Office
Coldwell Banker Preferred-Conshohocken
Data Source
Bright MLS
Data Disclaimer
Copyright 2018 Bright MLS, All Rights Reserved. Information deemed reliable but not guaranteed. The property information is provided for personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be offered for sale because they are for instance, under contract, sold or are no longer being offered for sale. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Bright MLS. Real estate listings held by brokerage firms other than Copper Hill Real Estate, LLC will include the name of the listing broker(s) when required by the MLS.