201 E CHESTNUT ST Pending

Norristown,PA 19401

$ 650000

- Bed

- Bath

2272 SqFt


Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 2,272 sqft

Price per Sqft $286

MLS Listing ID PAMC2108650

Style Other

Abv Grd Liv Area 2,272

Originating Board BRIGHT

Year Built 1899

Annual Tax Amount $4,025

Tax Year 2024

Lot Size 1,917 Sqft

Acres 0.04

Property Description

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%

Location

State PA

County Montgomery

Area Norristown Boro (10613)

Zoning R2

Rooms

Basement Full,Unfinished

Interior

Interior Features Ceiling Fan(s)

Hot Water Natural Gas

Heating Steam,Radiator

Cooling None

Flooring Fully Carpeted,Vinyl,Tile/Brick

Inclusions 5 Stoves, 5 Refrigerators

Equipment Stove,Refrigerator

Fireplace N

Window Features Replacement

Appliance Stove,Refrigerator

Heat Source Natural Gas,Electric,Other

Exterior

Utilities Available Cable TV Available

Water Access N

Roof Type Flat

Accessibility None

Garage N

Building

Foundation Stone,Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

Elementary Schools Hancock

Middle Schools Eisenhower

High Schools Norristown Area

School District Norristown Area

Others

Tax ID 13-00-08652-002

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

Special Listing Condition Standard

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