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  • $375,000

    801 Swede St, Norristown, PA 19401

    5beds
    3baths
    3,138sqft
    Triplex
    Built in 1900
    -- sqft lot
    $439,100 Zestimate®
    $120/sqft
    $2,376 Estimated rent

    What's special

    Great investment property with strong cash flow! Beautifully renovated 3-story twin triplex with a 2-stall garage in a terrific location within walking distance to transportation, schools and shopping. This is a great opportunity to be a part of the massive redevelopment in Norristown stemming from the Opportunity Zone on Main Street. All 3 units are leased with current monthly gross rent of $3,200. There have been no rent increases since original lease and if new owner rents garages potential gross gent more than $3,600/month. Entry is from Swede St into a common hallway. All units are spacious and bright with large windows. New modern kitchens with espresso cabinets, granite counter tops and stainless steel appliances. New full bathrooms with tile. Large, lovely covered porch provides access to a shaded back yard. Unit 1 has 2 bedrooms, 1 bath. Unit 2 has 2 bedrooms, 1 bath. Unit 3 has 1 bedroom, 1 bath. Tenants responsible for utilities. Garage has a new roof and new garage door. Inside bay is 9'-2" wide X 18'-9" deep. Garage door is 8'-8" wide x 6'-10" high. Great income opportunity! Photos taken when property was vacant. Member of owner's LLC is a licensed real estate broker in the Commonwealth of Pennsylvania and State of New Jersey; and a Certified Residential Real Estate Appraiser in the Commonwealth of Pennsylvania and the States of New Jersey and Maine.

    Zillow last checked: 7 hours ago

    Listing updated: August 26, 2022 at 12:17pm

    Listed by:

    Edward Welch 610-331-7655,

    Higgins & Welch Real Estate, Inc.,

    Co-Listing Agent: Amelita Elizan 215-528-0838,

    Higgins & Welch Real Estate, Inc.

    Bought with:

    Robert DeRosato, RS351641

    Coldwell Banker Hearthside

    Source: Bright MLS,MLS#: PAMC2019942MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Basement
    • Area: 0
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Ceiling Fan(s)
    Appliances
    • Included: Refrigerator, Oven/Range - Electric, Gas Water Heater
    Features
    • Crown Molding, Dry Wall, Plaster Walls
    • Flooring: Wood, Carpet
    • Basement: Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 3,138
    • Total interior livable area: 3,138 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Other, Detached
    • Garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Patio & porch: Porch
    • Pool features: None
    • Has view: Yes
    • View description: Street
    Lot
    • Size: 2,892 sqft
    • Dimensions: 22.00 x 0.00
    • Features: Level, Rear Yard, Corner Lot/Unit, Unknown Soil Type
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 130036408002
    • Zoning: R2
    • Zoning description: Residential
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Triplex
    Materials
    • Brick
    • Foundation: Stone
    • Roof: Shingle,Flat,Asphalt
    Condition
    • Very Good
    • New construction: No
    • Year built: 1900
    • Major remodel year: 2019

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Fire Escape
    Location
    • Region: Norristown
    • Subdivision: Norristown
    • Municipality: NORRISTOWN BORO

    HOA & financial

    Other financial information
    • Total actual rent: 38400

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple
    • Road surface type: Paved
    Services availability
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