201 Swede St, Norristown, PA 19401

$610,000
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List Price
$610,000
Days on Market
18
MLS#
PAMC2187270
Status
ACTIVE
Type
Commercial
Year Built
1880
County
Montgomery
Region
Norristown Boro (10613)
Neighborhood
None Available
Subdivision
None Available
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(804) 293-4088

Property Description

Fully occupied! Storefront + Two Apts. Very Good Condition Apts were renovated approx 4 yrs ago with h/w flrs, new kit/bath, new appliances, laundry in each unit. Rents: 1st flr $1300 mo, 2nd & 3rd flr apts rent for $2038 ea. with tenants paying gas, elec, heat, h/w. Total $64,512 annual income. 10% cap rate!!! Walk across street to R6 high speed line and Septa transportation center. Only 1 block away from Montgomery County Court House. Lafayette Street was recently expanded and improved for easy access to highway network of I476 and I676.

(804) 293-4088
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Additional Information

Acres
0.06
Lot Size
2,613
Lot Description
Corner
High School
Norristown Area
Roof
Flat, Pitched
Cooling
None
Heating
Forced Air
Taxes
$8,604
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Listing courtesy of Charles L. Moles Real Estate, LLC. Contact: 6102752050