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  • $1,077,900

    670 E Airy St, Norristown, PA 19401

    2beds
    1baths
    4,480sqft
    Townhouse
    Built in 1948
    0.31 Acres Lot
    $1,077,900 Zestimate®
    $241/sqft
    $1,720 Estimated rent

    What's special

    Public:Here is the perfect opportunity to own and occupy an investment property consisting of 7 apartments and 3,690 sq ft office space with 5 bay drive in garage and two mezzanine huge storage areas. This is a unique and well maintained building that will produce an excellent return on your investment for many years to come. 9.5% CAP rate! In addition to the commercial space, there are five 800 sq ft units, one 600 sq ft unit & a 1600 sq ft four bedroom apartment. 4 of the apts were recently added to the structure which include new central air, gas heaters, appliances, separate meters for gas/water/electric plus off street parking. Other recent improvements include new roof 5 years ago with 30 year shingles, sprinkler system , upgraded electric throughout and much more. There are 5 drive in garage bays which can be used for multiple business applications. The office space is occupied by an electrical contractor who will move out if buyer wishes to occupy the space. Net operating income almost $70,000.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Heating
    • Heat pump, Gas
    Cooling
    • Central
    Appliances
    • Included: Dryer, Garbage disposal, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Flooring: Tile, Other, Carpet, Hardwood, Linoleum / Vinyl
    • Has fireplace: No
    Interior area
    • Total interior livable area: 4,480 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Vinyl, Brick
    Lot
    • Size: 0.31 Acres
    Details
    • Parcel number: 130033200006

    Construction

    Type & style
    • Home type: Townhouse
    Materials
    • Roof: Other
    Condition
    • Year built: 1948

    Community & neighborhood

    Location
    • Region: Norristown

    Other

    Other facts
    • Accessibility Features \ None
    • Appliances \ Appliances \ Range Hood
    • Appliances \ Range Hood
    • Architecture Style: Contemporary
    • Bathrooms Full \ 1
    • Bathrooms Half \ 0
    • Bathrooms \ Bathrooms Full \ 1
    • Bathrooms \ Bathrooms Half \ 0
    • Cooling YN \ Y
    • Heating YN \ Y
    • Heating and Cooling \ Cooling YN \ Y
    • Heating and Cooling \ Heating YN \ Y
    • Interior Features \ Kitchen - Eat-In
    • Laundry: In Unit
    • MLS Listing ID: 1000165264
    • MLS Name: Bright MLS ZDD (Bright MLS ZDD)
    • Microwave Oven
    • Other Interior Features \ Interior Features \ Kitchen - Eat-In
    • Parking Features \ 1-Car Parking
    • Parking Features \ Street
    • Patio \ Structure Type \ Semi-Detached
    • Property Type \ Residential Lease
    • School District: Norristown Area
    • Structure Type \ Semi-Detached
    • Type and Style \ Property Type \ Residential Lease
    Services availability
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