West Norriton, PA 19403,2011 W MAIN ST
West Norriton, PA 19403,2011 W MAIN ST
2
$540,000
$525,000
2.9%
Est.Price: ?

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0.81 Acres Lot

2011 W MAIN ST West Norriton, PA 19403

Est. payment /mo
SOLD DATE : 05/19/2017

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Key Details

Sold Price $540,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision None Available

MLS Listing ID 1003484545

Sold Date 05/19/17

Style Converted Dwelling

HOA Y/N N

Originating Board TREND

Year Built 1920

Annual Tax Amount $8,652

Tax Year 2017

Lot Size 0.808 Acres

Acres 0.81

Lot Dimensions 74

Property Description

NEW PRICE! 2011 W. Main, W. Norriton is located in the heart of the business district of W. Norriton as you leave Norristown en route to Eaglesville and points north. Its 2 buildings yield about 4,870 SF. Property offers a good investment of 4 apartments in the front building plus a second building to the rear in a quiet setting. The stand-alone cottage apartment building boasts 3 garages that can be rented separately--a rare find in this area of town at reasonable rental rates. An estimated half acre in the very back of the property offers additional investment opportunity for about 6 more units or related expansion. The 4 units in the front building are 2 bedrooms and the cottage has 3 bedrooms, kitchen, living and dining room--a spacious and much-sought after rental. Units are fully leased and easily rentable. Residents have back yard use for picnics, etc. and ample parking on site for vehicles. Units yield over 54K annual income; low expenses plus investment potential on half acre. 2011 W. Main is being sold separately and can be sold with listing 2009 W. Main,(MLS 6889732, see listing) directly next to it, yielding an additional 3 more units. 2009 W. Main offers an additional 19.2K gross income, 9.3K expenses; a one 2 bedroom, 1.5 bath unit and a one 1 bedroom, 1 bath unit with potential for additional efficiency apartment. Photo 1 is 2011 W Main and photo 2 is 2009 W Main (see MLS #6889732 & #6889791 for additional photos).

Location

State PA

County Montgomery

Area West Norriton Twp (10663)

Zoning C

Rooms

Other Rooms Primary Bedroom

Basement Full, Unfinished

Interior

Interior Features Ceiling Fan(s)

Hot Water Natural Gas

Heating Oil, Gas, Forced Air, Radiant

Cooling Wall Unit

Fireplace N

Heat Source Oil, Natural Gas

Laundry None

Exterior

Utilities Available Cable TV Available

Water Access N

Roof Type Pitched

Accessibility None

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Converted Dwelling

New Construction N

Schools

School District Norristown Area

Others

Tax ID 63-00-06883-002

Ownership Fee Simple

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

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Bright MLS (BMLS)
Listed by Virginia E Scarano • Aptcor Commercial Realtors
Bought with Dan Borowiec • RE/MAX Professional Realty

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Matt Kilmer

Agent | (VA)0225238026 (WV)WVS2003010

+1(540) 931-6089

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