Norristown, PA 19401,521 SWEDE ST
Norristown, PA 19401,521 SWEDE ST
Norristown, PA 19401,521 SWEDE ST
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$629,000
Est. payment /mo
2,088 Sqft Lot
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UPDATED:

11/15/2024 09:29 AM

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAMC2123112

Style Straight Thru,Transitional

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $8,278

Tax Year 2023

Lot Size 2,088 Sqft

Acres 0.05

Lot Dimensions 18.00 x 0.00

Property Description

Fantastic investment opportunity in the heart of Norristown! This well-maintained property features four spacious apartments: two 2-bedroom units and two 1-bedroom units. Located on one of the best blocks in Norristown, just steps from the upcoming $400 million courthouse, this building has undergone numerous updates including new windows, flooring, safety upgrades, masonry repairs, and more.

The property has a recent U&O permit from the Municipality of Norristown and holds a legal 4-unit rental license. Currently, three of the four units are occupied, generating substantial income of over $6,000/month, with the potential to exceed $7,700/month when fully rented. The ground-floor unit is newly renovated and vacant, making it ideal for an investor or an owner-occupant.

Don’t miss out on this high-income property with incredible location benefits!

Location

State PA

County Montgomery

Area Norristown Boro (10613)

Zoning M

Rooms

Basement Full

Interior

Hot Water Natural Gas

Heating Radiant

Cooling None

Fireplace N

Heat Source Natural Gas

Exterior

Garage Spaces 2.0

Waterfront N

Water Access N

Accessibility None

Total Parking Spaces 2

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Straight Thru, Transitional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Norristown Area

Others

Tax ID 13-00-36288-005

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard


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Bright MLS (BMLS)
Listed by David Sawyer • Homestarr Realty
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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! "

+1(202) 427-9689

john@jasonmartingroup.com

1350 Florida Ave NE, DC, DC, 20002

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521 SWEDE ST