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  • $285,000

    104 E Main St, Norristown, PA 19401

    4beds
    2baths
    1,400sqft
    Retail
    Built in 1875
    -- sqft lot
    $391,600 Zestimate®
    $204/sqft
    $-- HOA

    What's special

    Great Mixed use property is the perfect addition for a buyer/investor looking to add a renovated property with significant income potential! Both units are vacant. Recent rents for each unit were below market at $1,350/month. Market rents for the 4 bedroom residential space are averaging $1800+/month. The first floor unit is a Renovated Retail / storefront space (around 700 sf.) that was previously a Coffee shop with a renovated full bathroom (handicapped accessible) with plenty of seating area. The zoning is TC, which allows for most retail uses. There is a large 4-bedroom Residential rental unit on the top two floors of the building with hardwood floors throughout the apartment. The 4 spacious bedrooms (two are 14x12 and two closer to 13x10) share one Full Bathroom. The kitchen leads to an outdoor deck. There are also 10' ceilings and plenty of natural light. Upgrades include the following (see attached Upgrade list): Central A/C (split units - 4 zones in the property installed 2019), Commercial space (new counters and electrical, plumbing), Refinished hardwood Flooring, Newer Laundry area with Washer/Dryer, Water Heater (2018), Electrical (200 amps - 3 separate panels), some Windows replaced . Location, Location, Location !!! Perfect location in Norristown to run a business or a good investment opportunity to generate rental income. The property offers walkability to local businesses and multiple public transportation options. Conveniently located in downtown Norristown close to major shopping areas, turnpikes (including Dekalb Pike-Route 202), and public transportation, making your daily commute and shopping a breeze. Recent development was announced in the immediate area! Schedule your showing today to secure this Investment property featuring many upgrades and rental income potential !

    Zillow last checked: 7 hours ago

    Listing updated: October 30, 2024 at 05:02pm

    Listed by:

    Rob Warner 267-972-4324,

    Keller Williams Real Estate-Blue Bell

    Bought with:

    Rob Warner, RS329364

    Keller Williams Real Estate-Blue Bell

    Source: Bright MLS,MLS#: PAMC2113014MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Basement
    • Area: 0
    Heating
    • None, Natural Gas
    Cooling
    • None, Electric
    Appliances
    • Included: Gas Water Heater
    Features
    • Flooring: Engineered Wood, Hardwood
    • Has fireplace: No
    Interior area
    • Total structure area: 1,400
    • Total interior livable area: 1,400 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 1,326 sqft
    • Dimensions: 13.00 x 0.00
    • Features: Downtown
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 130021320006
    • Zoning: TC
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Retail
    Materials
    • Stucco, Mixed Plumbing
    • Foundation: Stone
    • Roof: Pitched
    Condition
    • New construction: No
    • Year built: 1875

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Phone, Cable Available, Underground Utilities

    Community & neighborhood

    Location
    • Region: Norristown
    • Municipality: NORRISTOWN BORO

    Other

    Other facts
    • Listing agreement: Exclusive Agency
    • Listing terms: Conventional
    • Ownership: Fee Simple
    Services availability
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