Great investment property with strong cash flow! Beautifully renovated 3-story twin triplex with a 2-stall garage in a terrific location within walking distance to transportation, schools and shopping. This is a great opportunity to be a part of the massive redevelopment in Norristown stemming from the Opportunity Zone on Main Street. All 3 units are leased with current monthly gross rent of $3,200. There have been no rent increases since original lease and if new owner rents garages potential gross gent more than $3,600/month. Entry is from Swede St into a common hallway. All units are spacious and bright with large windows. New modern kitchens with espresso cabinets, granite counter tops and stainless steel appliances. New full bathrooms with tile. Large, lovely covered porch provides access to a shaded back yard. Unit 1 has 2 bedrooms, 1 bath. Unit 2 has 2 bedrooms, 1 bath. Unit 3 has 1 bedroom, 1 bath. Tenants responsible for utilities. Garage has a new roof and new garage door. Inside bay is 9'-2" wide X 18'-9" deep. Garage door is 8'-8" wide x 6'-10" high. Great income opportunity! Photos taken when property was vacant. Member of owner's LLC is a licensed real estate broker in the Commonwealth of Pennsylvania and State of New Jersey; and a Certified Residential Real Estate Appraiser in the Commonwealth of Pennsylvania and the States of New Jersey and Maine.
Courtesy of: Higgins & Welch Real Estate, Inc. Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 13th August, 2022 5:26 PM (UTC)