7 Unit Investment-Fully Leased
823 W Main St
Norristown, PA 19401
Offered at $379,900
Lease Rate $0/month

Property Highlights

  • Fully Leased
  • Expenses: $18,150
  • 5- One Bedroom Units
  • Most utility's split
  • 5-Car Parking Lot
  • 6-Units recently Renovated
  • Income: $63,120
  • 2- Two Bed Units
  • Great Income Property
  • Newer Systems throughout

  • Total of 7 - Fully Leased Units, consisting of Two- 2Bed, Four-1Bed, and One-1Bed Studio apartments. Building is exceptionally well maintained and upgraded with parking in rear for five vehicles. Six units have been recently upgraded with a surprising level of quality components.  building features newer: Roofing, Windows, Flooring, and Mechanicals. With the exception of Sewer/Water, utility's are separated and paid for by tenants.  THE NUMBERS WORK! This is a quality, landmark, building on a high trafficked roadway in a desirable Norristown, PA location.  Contact Rich Shermer at 484-645-4689 for more information and a pro-forma for this great income producer. 

    Cobblestone Realty, Ltd
    610-696-9000 info@cobblestonerealtyltd.com

    Status: Sold
    Type: Commercial
    Living Area: 5551 Square. Ft.
    Lot Size: 0.22 Acres
    The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. The information at this site is provided solely for informational purposes and does not constitute an offer to sell, rent, or advertise real estate outside the state in which the owner of the site is licensed. The owner is not making any warranties or representations concerning any of these properties including their availability. Information at this site is deemed reliable but not guaranteed and should be independently verified.