Address
813 W Main Street, Norristown, PA
Price
$ 515,000
Property Attributes
- MLS#PAMC2098844
- TypeMulti-Family
- CountyMONTGOMERY
- CityNorristown
- AreaNorristown Boro
- Zip19401
- Style
- Year Built1900
- Taxes$ 7347
- Price$ 515,000
- Bedrooms8
- Full Bathrooms0
- Half Bathrooms0
- Lot Size5,663 SqFt
Data Source:
Bright MLS
Property Description
Don't miss out on this excellent opportunity to own a 5-unit investment property with tons of original detail! This property features beautiful original woodwork, a wraparound porch, a balcony on the side of the home and spacious side and rear yards. The building is zoned as a quadraplex. There are three 1 bedroom apartments, one 2 bedroom apartment, and one 3 bedroom apartment. The current owner uses the 5th unit (a 1 bedroom apartment) for storage, the other 4 units are rented. The two 1 bedroom units are rented at $1200 each, the 2 bedroom is rented for $1,000, and the 3 bedroom is rented for $1400. Some of these rents are low for the market. Each tenant pays their own electric/gas for heat and hot water. The water is not split, landlord pays water.
| Price History | |
|---|---|
| 3/27/2024 | Listed $515,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Baseboard - Electric |
| Cooling | None |
| Utilities | Cable TV Available,Electric Available,Natural Gas Available,Phone Available |
| Possession | Immediate,0-30 Days CD,31-60 Days CD,61-90 Days CD |
| Roof | Shingle |
| Exterior Features | Street Lights,Sidewalks |
| Zoning | QUADRAPLEX |
| Pool Y/N | No Pool |
| Patio/Porch Features | Porch(es),Patio(s),Balcony |
| Architectural Style | Other |
| Construction Materials | Brick,Stucco |
| Exclusions | All tenant belongings are excluded. |
| Year Built | 1900 |
| Electric | 200+ Amp Service |
| Property SubType | Quadruplex |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| Cool Fuel | None |
| OwnerPays | Water,Trash Collection,Taxes - Real Estate,Sewer,Sewer Maintenance,Advertising/Licenses and Permits,Other |
| Accessibility | 2+ Access Exits |
| County | MONTGOMERY |
| Insurance Expense | 2500.00 |
| New Construction | No |
| Property Type | Multi-Family |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Transportation | Bus Stop less than 1 mile,Commuter Rail Station less than 1 mile,Metro/Subway Station less than 1 mile |
| Status | ACTIVE |
| Directions | The property is located on W Main Street between Stanbridge Street and Haws Avenue |
| ModificationTimestamp | 2024-04-10T17:20:33 |
| City | NORRISTOWN |
| Buyer Agent Compensation | 2.5 |
| Total Units | 4 |
| MLS Area | Norristown Boro (10613) |
| Lot Size Square Feet | 5700.00 |
| Tax Assessed Value | 120790.0 |
| Waterfront Y/N | No |
| Number of Units Leased | 4 |
| Street Name | MAIN |
| Tax Annual Amount | 7347.0 |
| Home Warranty Y/N | No |
| Property Condition | Average |
| Two Bedroom | 1 |
| Structure Type | Twin/Semi-Detached |
| One Bedroom Units Count | 3 |
| NumberOfUnitsVacant | 1 |
| Price Per Sq Ft | 111.98 |
| Acceptable Financing | Cash,Conventional,Negotiable |
| Vacation Rental Y/N | No |
| Total SQFT | 9198 |
| Days on Market | 21 |
| Lease Type | Month to Month |
| Standard Status | Active |
| Year Built Source | Assessor |
| Tax Lot | 19 |
| Total Actual Rent | 57600.00 |
| Buyer Agent Compensation Type | % Of Gross |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | Natural Gas Available,Electric |
|---|---|
| Basement | Unfinished,Outside Entrance,Dirt Floor,Shelving |
| Flooring | Wood,Other,Tile/Brick |
| Hot Water | Natural Gas,Electric,Multi-tank |
| Total Stories | 3 |
| Furnished Units | None |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | STREET |
| Central Air Y/N | No |
| LivingAreaSource | Estimated |
| Three Bedroom Units Count | 1 |
Exterior Features
| Water Source | Public |
|---|---|
| Type of Parking | On Street |
| Land Use Code | 1136 |
| Foundation Details | Stone,Block |
| Water View Y/N | No |
| Lot Dimensions | 43.00 x 0.00 |
| Lot Size Acres | 0.13 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Land Assessed Value | 0.00 |
| 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
Taxes
Visits
Year Built
Copyright © 2024, Metropolitan Regional Information Systems, Inc. All rights reserved. Information deemed reliable but is not guaranteed. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of MRIS. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Knot6 Real Estate Services, LLC does not display
© BRIGHT, All Rights Reserved
