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$308,000

  • Sold
  • Closed
  • Triplex
  • 2,458 Sq. Ft.
See This Home
Save This Home
See This Home
Save This Home
Invester Alert! 9% Cap rate! Large fully rented triplex, all leases/expenses available upon request. Yearly gross rent is 41,700, owner only pays common electric, sewer & water. Unit 1 is a 1 bedroom and rented at $1,100, unit 2 is a 2 bedroom rented at $1,300 and unit 3 is a 1 bedroom rented at $1,070. Potential to collect higher rents. Buyer responsible for U&O. Seller is also selling 1019, 1021 Dekalb and 223 Jacoby. Call us today to schedule your private tour.

Full Property Details for 706 Chain St

General

  • Sold For: $308,000
  • Taxes: $4,197 (2022)
  • Status: Closed
  • Type: Triplex
  • Source: BrightMLSPhilly
  • MLS ID: PAMC2073974
  • Added to Site: 988 day(s) ago

Interior

  • Flooring: Fully Carpeted

Parking

  • Parking Type: On Street

Location

  • Area: Norristown Boro (10613)
  • Municipality: NORRISTOWN BORO
  • County: Montgomery
  • Cross Streets: Oak
  • Driving Directions: west on oak to right on Chain

School Information

  • School District: Norristown Area

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Info: Other
  • Architectural Style: Other
  • Structure Type: Detached
  • Construction: Brick
  • Basement: Yes
  • Basement Desc.: Full
  • Foundation: Concrete Perimeter
  • Roof: Flat
  • Stories/Levels: 0
  • Square Feet: 2,458
  • Sq. Ft. Source: Estimated
  • Living Area: 2,458 Sq. Ft.
  • Finished Above Grnd: 2,458 Sq. Ft.
  • Year Built: 1900
  • Year Built Source: Assessor

Unit Information

  • Other Units: Unit 1, Unit 2, 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: 2

Unit 3

  • Unit Description: Unit 3
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.04
  • Lot Size (Sq. Ft.): 1,800
  • Lot Size Source: Assessor
  • Lot Dimensions: 18.00 x 0.00
  • Zoning: R2

Financial Considerations

  • Price Per Sq. Ft.: $140.36
  • Assessment Year: 2023
  • School Tax: $2,731
  • City/TownTax: $1,173
  • City/TownTax Freq: Annually
  • County Tax: $292
  • County Tax Freq: Annually
  • Tax w/Assessment: $69,000
  • Tax Amount: $4,197
  • Tax Year: 2022
  • Terms: Standard Sale
  • Tax Total Finished Sq. Ft.: 2458

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 76

Listed by Leonard D Martelli
Sold by CJ Pierre

Listing agent

— 706 Chain St —

  • Leonard D Martelli

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 706 Chain St

School District:Norristown Area School District
NameGradesDistance
Eisenhower Middle School
1601 Markley Street, Norristown, PA 19401
5-80.9 mi
Whitehall El School
399 North Whitehall Road, Norristown, PA 19403
K-41.7 mi
Norristown Area High School
1900 Eagle Drive, Norristown, PA 19403
9-121.9 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 706 Chain St

Date
Details
Price
Change
Source
7/26/2023
Sold
$308,000
-10.72%
MLS
6/09/2023
Listed
$345,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Leonard D Martelli
Sold by CJ Pierre

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706 Chain Street, Norristown, PA 19401 (MLS# PAMC2073974) is a Triplex property that was sold at $308,000 on July 26, 2023. Want to learn more about 706 Chain Street? Do you have questions about finding other Triplex real estate for sale in Norristown? You can browse all Norristown real estate or contact a Coldwell Banker agent to request more information.