Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1960
Sq.Footage
12,000
PACKAGE DEAL ONLY! WILL NOT BE SOLD INDIVIDUALLY. Exceptional investment portfolio deal featuring 19 total properties/units across Norristown, PA (19401). Generating a total gross monthly income of $40,095.00 ($481,140.00 annually) with total annual property taxes of $49,439.00, offered at a strong 10% Cap Rate with an asking price of $4,919,400.00. Included Properties & RentBreakdown: 1321 Redwood Ln: 4 Bed / 2 Bath ($2,280/mo) 107 Stanbridge St: 4 Bed / 1 Bath ($2,200/mo) 145 W Elm St: 4 Bed / 1 Bath ($1,900/mo) 151 W Elm St: 4 Bed / 1 Bath ($2,135/mo) 153 W Elm St: 4 Bed / 1 Bath ($2,000/mo) 157 W Elm St (Triplex): Apt A ($2,050/mo) | Apt B ($1,650/mo) | Apt C ($1,698/mo) Elm St Basement Laundry: Coin-Operated Basement Laundry ($326/mo) 712 Astor St: 3 Bed / 1 Bath ($1,850/mo) 220 W Spruce St: 3 Bed / 1.5 Bath ($1,780/mo) 828 Smith St: 3 Bed / 1 Bath ($2,020/mo) 721 W Oak St: 3 Bed / 2 Bath ($1,788/mo) 234 W Spruce St: 3 Bed / 1 Bath ($1,425/mo) 770 Kohn St: 4 Bed / 1 Bath ($2,000/mo) 313 Buttonwood St: 2 Bed / 1 Bath ($1,780/mo) 305 Buttonwood St: 2 Bed / 1 Bath ($1,780/mo) 309 Buttonwood St: 2 Bed / 1 Bath ($1,500/mo) 717 W Oak St: 3 Bed / 1 Bath ($2,329/mo) 840 Haws Ave: 3 Bed / 1 Bath ($2,329/mo) 1032 Cherry St: 4 Bed / 1 Bath ($1,975/mo) 214 Pearl St: 4 Bed / 1.5 Bath ($2,200/mo) Package Combination Note: This 19401 Norristown package deal can also be purchased in combination with our 14-property portfolio package in Pottstown, PA (19464) or as a total mega-portfolio package.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Natural Gas, Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
Other
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.04
-
Lot Size(square feet)
1,600
-
Property Type
Commercial Sale
Price
-
Sales Price
$4,919,400
-
Tax Amount
$49,439
-
Sq. Footage
12,000
-
Price/SqFt
$409
HOA
-
Association
N/A
-
Total Monthly Fees
true
School District
-
Elementary School
MARSHALL STREET
-
Middle School
EISENHOWER
-
High School
NORRISTOWN AREA
Property Features
-
New Construction
NO
-
Sewer
Public Sewer
-
Tax Lot
055
-
Water Source
Public
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Location
County
MONTGOMERY
Elementary School
MARSHALL STREET
Middle School
EISENHOWER
High School
NORRISTOWN AREA
Listing Courtesy of Gregory Martire, Springer Realty Group
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Salesperson, Realtor
Nikki Ott
Call Nikki today to schedule a private showing.
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