Skip main navigation
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

    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.

    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#: PAMC697202MLS Logo

    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
    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.