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232 W Main Street, Norristown, PA 19401
$275,000
232 W Main Street, Norristown, PA 19401View this property at 232 W Main Street, Norristown, PA 19401
232 W Main StreetNorristownPA19401
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Property Description
232 W Main Street Mixed-use property containing 3,026 square feet in a detached, masonry brick, part one, part two and part three-story building; site includes rear gravel-paved parking lot. Fully occupied with third-party tenants: retail store front at the first floor-front; efficiency apartment at first floor-rear; and apartments on second and third floors. Separate electric panels, meters and hot water heaters per unit; 100-amp circuit breakers. Separate electric baseboard heating; air conditioned via window/wall units. The property has good access and above average visibility from Main Street, which is a local commercial thoroughfare travel artery with above average traffic counts for the area. The first floor has a commercial unit and a rear efficiency apartment accessed at the rear from the parking lot. The commercial unit is mostly a large, open store area but has 2 back rooms and powder room. To access the upper floor apartments there is a separate front door leading to the stairway for the upper floor apartments. The basement is accessed via bulk-head doors in the front sidewalk. The basement has utilities. The second-floor apartment has one bedroom, a living area, kitchen, and bathroom. The upper apartment is bi-level, has two bedrooms, kitchen and living space, and a full bathroom. The Property is located in downtown area of Norristown, blocks from Montgomery County courthouse and Transportation Center hub. Flexible use rooms on first floor make it easy to access public sidewalk/foot traffic. There are approximately 12 parking spots in rear of this building. This 4-Unit property is completely rented. The commercial lease is month to month and the apartments leases are Month/Month. Tenants pay Gas and Electric. All meters are separated. Good income producing property. Current Rental Income totals - $3700 per month. Seller is selling 4 parcels together.
Full Property Details
Full Property Details for 232 W Main St
General
- Sold For: $275,000
- Taxes: $4,159 (2018)
- Status: Closed
- Type: Multi-Family
- MLS ID: PAMC103752
- Added to Site: 2, 012 day(s) ago
Interior
- Interior Features: Store/Office
Rooms
Bedrooms
- Primary Bedroom: Unspecified
Other Rooms
- Laundry: None
Exterior
- Exterior Features: Sidewalks
Parking
- Parking Type: Parking Lot, Off Street
- Other Parking Total: 12
Location
- Area: Norristown Boro (10613)
- County: Montgomery
- Development Name: None Available
- Subdivision: None Available
- Cross Streets: Markley
- Driving Directions: Dekalb Pike to Main Street.
School Information
- School District: Norristown Area
- High School: Norristown Area
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Water/Sewer: 2160
Structural Information
- Architectural Info: Other
- Architectural Style: Other
- Structure Type: Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Unfinished
- Foundation: Brick/Mortar
- Roof: Flat
- Stories/Levels: 0
- Square Feet: 3,026
- Sq. Ft. Source: Estimated
- Living Area: 3,026 Sq. Ft.
- Finished Above Grnd: 3,026 Sq. Ft.
- Year Built: 1900
- Year Built Source: Estimated
- Property Condition: Good
Unit Information
- Other Units: Unit 1, Unit 2, Unit 4, Unit 3
- 1 Bedroom Units: 2
- 2 Bedroom Units: 1
Unit 1
- Unit Description: Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Unit Description: Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Unit Description: Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Unit Description: Unit 4
- Total Bathrooms: 1
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,601
- Lot Size Source: Assessor
- Lot Dimensions: 18
- Zoning: TC
Financial Considerations
- Price Per Sq. Ft.: $90.88
- Tax w/Assessment: $74,980
- Tax Amount: $4,159
- Tax Year: 2018
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: The Refrigerators
- Lot Number: 13
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Schools
Schools serving 232 W Main St
School District:Norristown Area School District
Rating | Name | Grades | Distance |
---|---|---|---|
1900 Eagle Dr, Norristown, PA 19403 | 9-12 | 2.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 232 W Main St
Date
Details
Price
Change
Source
4/14/2020
Sold
$275,000
—
MLS
1/12/2020
Price Reduced
$275,000
-8.3%
MLS
12/07/2019
Price Reduced
$299,900
-7.3%
MLS
10/29/2019
Price Reduced
$323,500
-0.46%
MLS
6/24/2019
Price Increased
$325,000
4.17%
MLS
6/19/2019
Price Reduced
$312,000
-4%
MLS
1/23/2019
Price Reduced
$325,000
-2.99%
MLS
11/07/2018
Listed
$335,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
232 W Main Street, Norristown, PA 19401 (MLS# PAMC103752) is a Multi-Family property that was sold at $275,000 on April 14, 2020. This property was listed by Julie Boland from our Blue Bell Office.Want to learn more about 232 W Main 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.