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Sold for $350,000 on 12/28/23
  • $350,000

    551 Cherry St, Norristown, PA 19401

    6beds
    5baths
    2,593sqft
    Townhouse
    Built in 1890
    -- sqft lot
    $414,900 Zestimate®
    $135/sqft
    $2,151 Estimated rent

    What's special

    Investor Alert! Quadraplex located on the corner of Cherry and Marshall St. Ideal for those who are looking to live in one unit and rent the other three out, or for those looking to add to their portfolio! All four units are currently rented. There is one, 1 bed / 1 bath, one 3 bed/1 bath, one studio and one 2 bed/ 2 bath unit. The first-floor unit has forced air, the second floor has hot water or forced air, and electric baseboard heat for the third floor. Potential to collect higher rents on a few of the units! Currently collecting $3500 in rents with projected rent estimated to be just shy of $4000/month. Walking distance to several shops and restaurants, easy access to main roads and public transportation including train and bus routes. Call us today to schedule your private tour. Note: Seller is also selling 36-38 Spruce St just a few blocks away!

    Zillow last checked: 7 hours ago

    Listing updated: December 30, 2023 at 07:26am

    Listed by:

    Michael Sroka 267-544-9911,

    Keller Williams Main Line,

    Listing Team: Home Experts For You Team, Co-Listing Agent: Christine S Edwin 610-520-0100,

    Keller Williams Main Line

    Bought with:

    Jake Toyberman, rs348470

    Homestarr Realty

    Source: Bright MLS,MLS#: PAMC2071012MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    Basement
    • Area: 0
    Heating
    • Forced Air, Baseboard, Natural Gas, Electric
    Cooling
    • None
    Appliances
    • Included: Electric Water Heater, Gas Water Heater
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 2,593
    • Total interior livable area: 2,593 sqft

    Property

    Parking
    • Parking features: None
    Accessibility
    • Accessibility features: None
    Features
    • Exterior features: Sidewalks, Balcony
    • Pool features: None
    Lot
    • Size: 2,050 sqft
    • Dimensions: 20.00 x 0.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 130008104001
    • Zoning: RESIDENTIAL - MULTI FAM
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Townhouse
    Materials
    • Brick
    • Foundation: Other
    Condition
    • New construction: No
    • Year built: 1890

    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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