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
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
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#: PAMC2102000

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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