Norristown, PA 19401,201 E CHESTNUT ST
Norristown, PA 19401,201 E CHESTNUT ST
Norristown, PA 19401,201 E CHESTNUT ST
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$650,000
Est. payment /mo
2,272 SqFt
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UPDATED:

11/21/2024 11:02 PM

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 2,272 sqft

Price per Sqft $286

MLS Listing ID PAMC2108650

Style Other

Abv Grd Liv Area 2,272

Originating Board BRIGHT

Year Built 1899

Annual Tax Amount $4,025

Tax Year 2024

Lot Size 1,917 Sqft

Acres 0.04

Property Description

Don't miss out on this excellent opportunity to own a 5-unit investment property with tons of original detail.
The property consists of a 4 unit newly painted building and an attached house on one tax parcel. It's fully leased with current monthly income of $5080.00. Property is conveniently located only blocks from shopping, schools, parks, houses of worship, and transportation. 4 units have updated kitchens and bathrooms, including counter tops, flooring, cabinets and back splashes. CAP rate equals 7.2%

Location

State PA

County Montgomery

Area Norristown Boro (10613)

Zoning R2

Rooms

Basement Full, Unfinished

Interior

Interior Features Ceiling Fan(s)

Hot Water Natural Gas

Heating Steam, Radiator

Cooling None

Flooring Fully Carpeted, Vinyl, Tile/Brick

Inclusions 5 Stoves, 5 Refrigerators

Equipment Stove, Refrigerator

Fireplace N

Window Features Replacement

Appliance Stove, Refrigerator

Heat Source Natural Gas, Electric, Other

Exterior

Utilities Available Cable TV Available

Waterfront N

Water Access N

Roof Type Flat

Accessibility None

Garage N

Building

Foundation Stone, Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

Elementary Schools Hancock

Middle Schools Eisenhower

High Schools Norristown Area

School District Norristown Area

Others

Tax ID 13-00-08652-002

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

Special Listing Condition Standard


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Bright MLS (BMLS)
Listed by Cheryl B Newton • BHHS Fox & Roach Wayne-Devon
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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1350 Florida Ave NE, DC, DC, 20002

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201 E CHESTNUT ST