201 E CHESTNUT ST Active Save Request In-Person Tour Request Virtual Tour
Norristown,PA 19401
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
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