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Sold for $261,225 on 08/05/24
  • $261,225

    535 E Lafayette St, Norristown, PA 19401

    5beds
    --baths
    1,456sqft
    Duplex
    Built in 1920
    -- sqft lot
    $245,700 Zestimate®
    $179/sqft
    $1,408 Estimated rent

    What's special

    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

    Zillow last checked: 7 hours ago

    Listing updated: August 05, 2024 at 05:02pm

    Listed by:

    Paul Canavarro 610-574-7676,

    RE/MAX Main Line-West Chester

    Bought with:

    Saaj Patel

    KW Empower

    Source: Bright MLS,MLS#: PAMC2102000MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    Basement
    • Area: 0
    Heating
    • Radiator, Natural Gas
    Cooling
    • Window Unit(s), Electric
    Appliances
    • Included: Electric Water Heater
    Features
    • Basement: Partial
    • Has fireplace: No
    Interior area
    • Total structure area: 1,456
    • Total interior livable area: 1,456 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 1,516 sqft
    • Dimensions: 22.00 x 0.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 130019304024
    • Zoning: 1132 RES: DUPLEX
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Duplex
    Materials
    • Brick
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Norristown
    • Municipality: NORRISTOWN BORO

    HOA & financial

    Other financial information
    • Total actual rent: 31200

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Income includes: Apartment Rentals, Other
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    Services availability
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