Address
535 E Lafayette Street, Norristown, PA
Price
$ 269,900
Property Attributes
- MLS#PAMC2102000
- TypeMulti-Family
- CountyMONTGOMERY
- CityNorristown
- AreaNorristown Boro
- Zip19401
- StyleColonial
- Year Built1920
- Taxes$ 2129
- Price$ 269,900
- Bedrooms3
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1,307 SqFt
Data Source:
Bright MLS
Property Description
Fantastic investor opportunity. "Turn Key" Duplex fully leased with newer 1 year leases on both units. Monthly generated income: 1st Floor unit: 2 BRs , 1 bath - $1425.00 per month + $25 water fee. 2nd Floor unit: 1 Br, 1 bath - $1125.00 per mont + $25 water fee. Tenants pay all utilities separately metered except water. Buyer responsible for expenses and for acquiring U & O. NO SHOWINGS UNTIL AFTER MAY 1st 2024
| Price History | |
|---|---|
| 4/23/2024 | Listed $269,900 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Radiator |
| Cooling | Window Unit(s) |
| Possession | Immediate |
| Zoning | 1132 RES: DUPLEX |
| Pool Y/N | No Pool |
| Architectural Style | Colonial |
| Construction Materials | Brick |
| Exclusions | TENANT BELONGINGS |
| Year Built | 1920 |
| Property SubType | Duplex |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Gross Income | 31200.00 |
| OwnerPays | Sewer,Sewer Maintenance,Taxes - Real Estate,Water |
| Accessibility | None |
| County | MONTGOMERY |
| Insurance Expense | 1785.00 |
| 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 | USE GPS |
| ModificationTimestamp | 2024-05-06T14:11:42 |
| City | NORRISTOWN |
| Buyer Agent Compensation | 2.5 |
| Disclosures | Agent Related to Owner,Under Lease,Use and Occupancy Permit |
| Total Units | 2 |
| MLS Area | Norristown Boro (10613) |
| Lot Size Square Feet | 1516.00 |
| Tax Assessed Value | 35000.0 |
| Waterfront Y/N | No |
| Number of Units Leased | 2 |
| Street Name | LAFAYETTE |
| Tax Annual Amount | 2129.0 |
| Home Warranty Y/N | No |
| Two Bedroom | 1 |
| Structure Type | Detached |
| Single Room Units Count | 2 |
| One Bedroom Units Count | 1 |
| Price Per Sq Ft | 185.37 |
| Acceptable Financing | Cash,Conventional |
| Historic Y/N | No |
| Rent Control Y/N | No |
| Vacation Rental Y/N | No |
| Total SQFT | 1456 |
| Days on Market | 14 |
| Lease Type | Yearly |
| Standard Status | Active |
| Year Built Source | Assessor |
| Tax Lot | 77 |
| Total Actual Rent | 31200.00 |
| Buyer Agent Compensation Type | % Of Gross |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Basement | Partial |
| Hot Water | Electric |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | STREET |
| Central Air Y/N | No |
| LivingAreaSource | Assessor |
Exterior Features
| Water Source | Public |
|---|---|
| Inclusions | APPLIANCES |
| Type of Parking | On Street |
| Land Use Code | 1132 |
| Foundation Details | Block |
| Spa | No |
| Water View Y/N | No |
| Lot Dimensions | 22.00 x 0.00 |
| Lot Size Acres | 0.03 |
| 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
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