Listed By:
RE/MAX Central - Blue Bell
Address
830 W Marshall Street, Norristown, PA
Price
$ 275,000
Property Attributes
  • MLS#PAMC2092552
  • TypeContingent
  • CountyMONTGOMERY
  • CityNorristown
  • AreaNorristown Boro
  • Zip19401
  • StyleColonial
  • Year Built1890
  • Taxes$ 5039
  • Price$ 275,000
  • Bedrooms4
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2,614 SqFt
Data Source:
Bright MLS
Property Description

Investment Opportunity in Norristown! Features: 1st Floor Unit: One bedroom, one bath Lease Expires: 9/24 Monthly Rent: $1,075 Recent Upgrades: New vanity, toilet, flooring, and faucet in the bathroom; new stainless steel gas stove, new stainless steel refrigerator Additional Features: New hot water heater 2nd Floor Unit: Three bedrooms, one bath Lease Expires: 1/25 Recent Upgrades: New carpets with pet-proof underlayment, new refrigerator, and 5 burner oven Additional Features: Replaced boiler water pump, all exterior boiler plumbing Common Upgrades: New backyard fence, patch, repair, roof coating on all roofs. Brick spalling completed with water-resistant mortar. Backyard can be used as off street parking and has a patio. Outdoor access storage closet. Investment Insights: Well-maintained duplex with reliable, long term tenants (Unit 1 since 2017, Unit 2 since 2010) Solid rental income with significant room for growth, especially in Unit 2 10% CAP Rate Recent upgrades are durable, lasting, and reduce maintenance costs Favorable lease expiration dates for flexibility Additional Details: Ideal for investors looking to add to their portfolio or owner occupied Convenient location with access to amenities and transportation including the 90 and 131 bus lines across the street. Turnkey property with recent improvements Don't miss out on this prime investment opportunity in Norristown! Contact us today to schedule a viewing and explore the potential returns on this well-maintained duplex.

High School
Norristown Area High School
Price History
1/9/2024 Listed $275,000

General Features

Sewer Public Sewer
Heating Radiator
Cooling None
Utilities Cable TV Available
Possession Subject to Existing Lease
Zoning RES: DUPLEX
Pool Y/N No Pool
Architectural Style Colonial
Construction Materials Brick
School District NORRISTOWN AREA
Year Built 1890
Property SubType Duplex
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel None
Accessibility None
County MONTGOMERY
New Construction No
Property Type Multi-Family
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
High School NORRISTOWN AREA
Total Units 2
MLS Area Norristown Boro (10613)
Lot Size Square Feet 2800.00
Waterfront Y/N No
Tax Annual Amount 5039.0
Structure Type Twin/Semi-Detached
Single Room Units Count 2
One Bedroom Units Count 1
Other Units Unit 1,Unit 2
Price Per Sq Ft 123.87
Rent Control Y/N No
Vacation Rental Y/N No
Days on Market 10
Tax Lot 8
School District 300200397035

Interior Features

Heating Fuel Natural Gas
Basement Full
Hot Water Natural Gas
Furnished Units None
Heating Y/N Yes
Fireplace Y/N No
Central Air Y/N No
Three Bedroom Units Count 1

Exterior Features

Water Source Public
Type of Parking Off Street,On Street,Alley
Foundation Details Stone
Water View Y/N No
Lot Dimensions 25.00 x 0.00
Lot Size Acres 0.06
Lot Size Source Assessor
Navigable Water Y/N No
Water Oriented Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 19401

Price
AVG $370K
$280K
Taxes
AVG $5,892
$5,039
Visits
AVG 122
51
Data Provided by Inside Real Estate®
Year Built
AVG 1923
1890

Areas We Cover