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$440,000
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Property Description
Invester Alert! 10% Cap rate! Large fully rented Quad, all leases/expenses available upon request. Yearly gross rent is a whopping $55,000! Owner only pays common electric, sewer & water. Unit 1 is a 3 bedroom and rented at $1,500, unit 2 is a 1 bedroom rented at $1,100, unit 3 is a 1 bedroom rented at $925 and Unit 4 is a 1 bedroom rented at $1,050. Potential to collect higher rents. Shed excluded. Buyer responsible for U&O. Seller is also selling 1019, 1021 Dekalb and 706 Chain. Call us today to schedule your private tour.
Full Property Details
Full Property Details for 223 Jacoby St
General
- Sold For: $440,000
- Taxes: $5,263 (2022)
- Status: Closed
- Type: Multi-Family
- Source: BrightMLSPhilly
- MLS ID: PAMC2073982
- Added to Site: 988 day(s) ago
Parking
- Parking Type: Other
Location
- Area: Norristown Boro (10613)
- Municipality: NORRISTOWN BORO
- County: Montgomery
- Driving Directions: south on green to left on Jacoby
School Information
- School District: Norristown Area
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard - Hot Water
- Heating Fuel: Electric
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Colonial
- Architectural Style: Colonial
- Structure Type: Twin/Semi-Detached
- Construction: Brick
- Foundation: Block
- Stories/Levels: 0
- Square Feet: 3,162
- Sq. Ft. Source: Assessor
- Living Area: 3,162 Sq. Ft.
- Finished Above Grnd: 3,162 Sq. Ft.
- Year Built: 1875
- Year Built Source: Assessor
Unit Information
- Other Units: Unit 1, Unit 2, Unit 4, Unit 3
- 1 Bedroom Units: 3
- 3 Bedroom Units: 1
Unit 1
- Unit Description: Unit 1
- Bedrooms: 3
Unit 2
- Unit Description: Unit 2
- Bedrooms: 1
Unit 3
- Unit Description: Unit 3
- Bedrooms: 1
Unit 4
- Unit Description: Unit 4
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,200
- Lot Size Source: Assessor
- Lot Dimensions: 30.00 x 0.00
- Zoning: 1136 RES: QUADRAPLEX
Financial Considerations
- Price Per Sq. Ft.: $142.31
- Assessment Year: 2023
- School Tax: $3,426
- City/TownTax: $1,471
- City/TownTax Freq: Annually
- County Tax: $366
- County Tax Freq: Annually
- Tax w/Assessment: $86,530
- Tax Amount: $5,263
- Tax Year: 2022
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 3162
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Shed In Yard
- Lot Number: 9
Listed by Leonard D Martelli
Sold by Keller Williams Real Estate-Doylestown, Gloria Lehuta
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Schools
Schools serving 223 Jacoby St
School District:Norristown Area School District
| Name | Grades | Distance |
|---|---|---|
Stewart Middle School 1315 West Marshall Street, Norristown, PA 19401 | 5-8 | 1.3 mi |
East Norriton Middle School 330 Roland Dr, Norristown, PA 19401 | 5-8 | 2.6 mi |
Paul V Fly El School 2920 Potshop Road, Norristown, PA 19403 | K-4 | 3 mi |
Norristown Area High School 1900 Eagle Drive, Norristown, PA 19403 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 223 Jacoby St
Date
Details
Price
Change
Source
7/25/2023
Sold
$440,000
-2.22%
MLS
6/09/2023
Listed
$450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
223 Jacoby Street, Norristown, PA 19401 (MLS# PAMC2073982) is a Multi-Family property that was sold at $440,000 on July 25, 2023. Want to learn more about 223 Jacoby Street? Do you have questions about finding other Multi-Family real estate for sale in Norristown? You can browse all Norristown real estate or contact a Coldwell Banker agent to request more information.

