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29-31 W Main St, Norristown, PA 19401

$480,000

  • Sold
  • Closed
  • Multi-Family
  • 4 Total Beds
29-31 W Main St, Norristown, PA 19401 View this property at 29-31 W Main St, Norristown, PA 19401
29-31 W Main St Norristown PA 19401

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Property Description

This Property offers potential investors the opportunity to purchase a seven-unit mixed-use property consisting of five apartments and two retail spaces. The property is centrally located in the heart of Norristown only one block from the county court house and other municipal buildings. Both retail spaces are leased, including one to an upscale Chinese BYOB restaurant. The apartments upstairs are all very spacious one-bedroom apartments, one of which has two bathrooms. The property also consists of 17 off-street parking spaces for both tenants and monthly public parking. This is a very rare opportunity for the market and also presents a future development opportunity. 29-31 West Main Street has consistently been fully occupied and even
when there is turnover it quickly re-leases. Full financials available upon request.

Full Property Details for 29-31 W Main St

  • Sold For: $480,000
  • Taxes: $10,885 (2013)
  • Status: Closed
  • Type: Multi-Family
  • MLS ID: 6188358
  • Added: 1, 726 day(s) ago

Property History

  • 29-31 W Main St, Norristown, PA
  • Sold at $480,000 on 8/13/13
  • Listed at $515,000 on 3/21/13

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Parking

  • Parking: 8 (or More) Car Parking, Parking Lot

Location

  • Area: Norristown Boro
  • County: MONTGOMERY
  • Subdivision: Norristown

Heating & Cooling

  • Heating Type: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Year Built: 1901

Lot Features

  • Lot Size (Acres): 0.21
  • Lot Dimensions: 61

Financial Considerations

  • Tax Amount: $10,885
  • Tax Year: 2013

Listed by The Condo Shop
Sold by Non Member Office

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29-31 W Main St, Norristown, PA 19401 (MLS# 6188358) is a Multi-Family property that was sold at $480,000 on August 13, 2013. Want to learn more about 29-31 W Main St? 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.

Listed by The Condo Shop
Sold by Non Member Office

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