Invester Alert! 9% Cap rate! Large fully rented triplex, all leases/expenses available upon request. Yearly gross rent is 41,700, owner only pays common electric, sewer & water. Unit 1 is a 1 bedroom and rented at $1,100, unit 2 is a 2 bedroom rented at $1,300 and unit 3 is a 1 bedroom rented at $1,070. Potential to collect higher rents. Buyer responsible for U&O. Seller is also selling 1019, 1021 Dekalb and 223 Jacoby. Call us today to schedule your private tour.
Sold for $308,000 on 07/26/23
$308,000
706 Chain St, Norristown, PA 19401
4beds
3baths
2,458sqft
Triplex
Built in 1900
-- sqft lot
$341,500 Zestimate®
$125/sqft
$1,615 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: March 11, 2025 at 06:43pm
Listed by:
Len Martelli 610-476-4917,
Realty One Group Restore - BlueBell
Bought with:
Cj Pierre, 5008114
United Real Estate
Source: Bright MLS,MLS#: PAMC2073974
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Flooring: Carpet
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,458
- Total interior livable area: 2,458 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,800 sqft
- Dimensions: 18.00 x 0.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 130007032002
- Zoning: R2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Triplex
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Flat
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Norristown
- Municipality: NORRISTOWN BORO
HOA & financial
Other financial information
- Total actual rent: 41700
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Services availability
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