905 Swede St, Norristown, PA 19401

Phenomenal investment opportunity! Listing includes BOTH 905 and 907 Swede Street 13-00-36464-009,13-00-36468-00-5. The property has been joined together as one building. A one-of-a-kind property, the home is a combined twin currently utilized as a rooming house. You are greeted by a large porch. On the first floor, you will find the building's office consisting of two private rooms and a private bathroom across the hall, the first of 10 rental units containing a private bathroom. The first floor also includes the following common areas: living room, dining room, kitchen, pantry, and laundry room. From the laundry room, you may access the spacious backyard. On the second floor, you will find 5 rental units sharing two bathrooms and a second shared living room. On the third floor are 4 rental units sharing two bathrooms, and expansive storage closets. The property is licensed for 10 residential units with an average rental amount of $800 per unit, resulting in a 10% cap rate. The property is located near local restaurants and City Hall, with easy transportation access via bus stops nearby and up the street from Norristown Transportation Center.