Price Reduction
Listed By:
Coldwell Banker Residential Brokerage - Clinton
Address
1024 Dekalb Street, Norristown, PA
Price
$ 259,900
Property Attributes
  • MLS#PAMC2098056
  • TypeMulti-Family
  • CountyMONTGOMERY
  • CityNorristown
  • AreaNorristown Boro
  • Zip19401
  • StyleSide-by-Side
  • Year Built1900
  • Taxes$ 5485
  • Price$ 259,900
  • Bedrooms4
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3,485 SqFt
Data Source:
Bright MLS
Property Description

Attention investors! Back on the market after previous buyer could not perform. First showings start 3/23. Buyer has made substantial investment in repairs to the home since it was last on the market. Work focused on items to meet Norristown U&O requirements. Chimney cert already done, lead cert, etc. Rents are month to month and have recently been increased slightly. Long term good paying tenants would like to stay. Current rental income $2550 per month is returning over an 8% cap rate.

Price History
3/16/2024 Listed $269,900
4/20/2024 4% - $259,900

General Features

Sewer Public Sewer
Heating Baseboard - Hot Water
Cooling None
Possession Immediate
Exterior Features Sidewalks,Street Lights
Zoning RES.
Architectural Style Side-by-Side
Construction Materials Brick
Year Built 1900
Electric Circuit Breakers
Property SubType Duplex
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County MONTGOMERY
New Construction No
Property Type Multi-Family
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Status ACTIVE
Directions Dekalb Ave between E Elm & E Spruce St
ModificationTimestamp 2024-05-09T05:17:40
City NORRISTOWN
Buyer Agent Compensation 2.5
Total Units 2
MLS Area Norristown Boro (10613)
Lot Size Square Feet 3450.00
Tax Assessed Value 90170.0
Waterfront Y/N No
Number of Units Leased 2
Street Name DEKALB
Tax Annual Amount 5485.0
Home Warranty Y/N No
Structure Type Twin/Semi-Detached
One Bedroom Units Count 1
Other Units Unit 1,Unit 2
Price Per Sq Ft 99.27
Acceptable Financing Conventional,Cash
Historic Y/N No
Rent Control Y/N No
Vacation Rental Y/N No
Avg. Water Per Month 60.0
Total SQFT 2618
Days on Market 48
Lease Type Month to Month
Standard Status Active
Year Built Source Assessor
Tax Lot 62
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Heating Fuel Natural Gas
Basement Full
Hot Water Natural Gas
Basement (Y/N) Yes
Heating Y/N Yes
Street Suffix STREET
Central Air Y/N No
LivingAreaSource Assessor
Three Bedroom Units Count 1

Exterior Features

Pool Y/N No Pool
Water Source Public
Inclusions All Appliances
Type of Parking On Street
Land Use Code 1132
Foundation Details Stone
Spa No
Water View Y/N No
Lot Dimensions 25.00 x 0.00
Lot Size Acres 0.08
Lot Size Units Square Feet
Lot Size Source Assessor
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor

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 $380K
$260K
Taxes
AVG $5,918
$5,485
Visits
AVG 151
125
Data Provided by Inside Real Estate®
Year Built
AVG 1909
1900

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