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Key Details
Sold Price $240,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,997 sqft
Price per Sqft $120
MLS Listing ID PAMC2103516
Sold Date 11/04/24
Style Craftsman
Abv Grd Liv Area 1,997
Originating Board BRIGHT
Year Built 1935
Annual Tax Amount $5,392
Tax Year 2023
Lot Size 2,800 Sqft
Acres 0.06
Lot Dimensions 17.00 x 0.00
Property Description
*Investor Alert! A duplex on a well maintained street in Norristown with a 1 Bed/1 Bath downstairs unit and a 3 Bed/1Bath unit on the 2nd floor. A great location in a great neighborhood. Both tenants are on a month to month lease worth $850/m (1Bed) and $1500/m 2 (bed). Perfect for an owner occupied duplex where one unit rent can cover your mortgage, or for an experienced multi-family investor looking to expand their portfolio at a competitive asking price.
1 Bed unit is a large and spacious with a nicely sized covered patio. Rent is currently below market and could also easily be converted into a 2 bed unit. 3 Bed Unit has additional room off back with both a front and rear entry, A large shared basement with its own exterior access into the backyard houses a 2 year old furnace and washer/dryer. The basement also showcases new heating units. Stanbridge St. is conveniently located right off of Route 202, 276, 76, and 476.
Showing Contact Thomas Burleigh
Location
State PA
County Montgomery
Area Norristown Boro (10613)
Zoning R- DUPLEX
Interior
Hot Water Electric
Heating Hot Water
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility 2+ Access Exits, 32\"+ wide Doors
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Craftsman
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Norristown Area
Others
Tax ID 13-00-35688-002
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Leann Murphy • RE/MAX Preferred - Newtown Square