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Sold for $250,000 on 07/30/24
  • $250,000

    719 Swede St, Norristown, PA 19401

    5beds
    --baths
    2,918sqft
    Townhouse
    Built in 1881
    -- sqft lot
    $345,200 Zestimate®
    $86/sqft
    $2,207 Estimated rent

    What's special

    This property boasts tremendous potential and the perfect canvas for the savvy investor or homeowner. Live in one and lease the other two. There have been some updates to the interior units in the past, although more is needed. This property offers endless opportunities and is poised for transformation. There are tenants in place and with the right investor there is potential of increase in rental income. The side yard may be able to offer additional potential as well. The three current leases are well below what the new Buyer can charge ranging from $1,350-$2,150/month for the two, two bedroom units and $900-$1,695/month for a one bedroom. Off street parking for up to 4 cars from the rear alley offers convenience as well. The property is being sold in "AS IS CONDITION". The Buyer is responsible for Certificate of Occupancy, Rental license, etc. and to confirm all zoning criteria as this is listed in the Historic District, 2 blocks down from the Courthouse, nearby Lawyers row and the Transportation center at Swede and Main Streets.

    Zillow last checked: 7 hours ago

    Listing updated: September 23, 2024 at 03:04pm

    Listed by:

    Michael Serratore 610-608-1648,

    RE/MAX Affiliates

    Bought with:

    Donna Moles, RM422629

    Charles L. Moles Real Estate, LLC

    Source: Bright MLS,MLS#: PAMC2106078MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    Basement
    • Area: 0
    Heating
    • Baseboard, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 2,918
    • Total interior livable area: 2,918 sqft

    Property

    Parking
    • Parking features: Crushed Stone, Alley Access, On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 4,640 sqft
    • Dimensions: 40.00 x 0.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 130036392009
    • Zoning: 1134 RES: TRIPLEX
    • Zoning description: 1134 Res: Triplex
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Townhouse
    Materials
    • Brick
    • Foundation: Block, Brick/Mortar
    Condition
    • New construction: No
    • Year built: 1881

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available

    Community & neighborhood

    Location
    • Region: Norristown
    • Municipality: NORRISTOWN BORO

    HOA & financial

    Other financial information
    • Total actual rent: 24060

    Other

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