CALLING ALL NORRISTOWN INVESTORS: This well maintained oversized 3 unit triplex is an ideal investment property. This building has been well-kept by a local professional property management company and is extremely low-maintenance. All 3 residential units are currently occupied with the following rent amounts: Unit 1 rented until 11/30/2021 for $1,195/month Unit 2 rented until 4/30/2022 for $1,045/month Unit 3 rented until 9/30/2021 for $915/month. Separate electric meters and hot water heaters. This investment opportunity comes at a 9.0 cap rate, so if you are in search of a solid ROI, look no further. Don't miss your opportunity at this fantastic investment property. Property is being sold as is. Buyer is responsible for the U & O.
Sold
$265,000
1020 W Main St, Norristown, PA 19401
6beds
--baths
2,974sqft
Triplex
Built in 1889
-- sqft lot
$387,900 Zestimate®
$89/sqft
$2,312 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 31, 2022 at 05:10pm
Listed by:
Michael Saulino 610-636-7259,
Compass RE
Bought with:
Matthew Marino, RS334793
Compass RE
Source: Bright MLS,MLS#: PAMC697202

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
Basement
- Area: 0
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,974
- Total interior livable area: 2,974 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 7,000 sqft
- Dimensions: 35.00 x 0.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 130022768007
- Zoning: RES
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Triplex
Materials
- Brick
Condition
- New construction: No
- Year built: 1889
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Norristown
- Municipality: NORRISTOWN BORO
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Services availability

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