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Key Details
Sold Price $335,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,923 sqft
Price per Sqft $114
MLS Listing ID PAMC2081266
Sold Date 02/06/24
Style Other
Abv Grd Liv Area 2,923
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $4,307
Tax Year 2018
Lot Size 2,136 Sqft
Acres 0.05
Property Description
Don't miss out on this exceptional investment opportunity! Welcome to this impressive three-family duplex located in the heart of Norristown. All units are currently tenant occupied, presenting an instant revenue stream for savvy investors. The existing tenants are eager to continue their residence, ensuring a seamless transition of ownership.
Unit Breakdown:
First Floor Unit: This spacious unit features 2 bedrooms and 1 full bathroom. Gleaming hardwood floors adorn the living spaces, complemented by the convenience of central A/C and efficient gas heating.
Second Floor Unit: Spanning two levels, this unit offers 2 bedrooms and 1 full bathroom on the main level (2nd floor of the property). The second level boasts a comfortable living room, a welcoming dining room, and a well-equipped kitchen featuring electric heating.
Studio Unit: Nestled at the rear of the second floor, this unit is a self-contained studio with a bedroom, full bathroom, and a functional kitchen. Electric heating provides comfort in this thoughtfully designed space.
Key Features:
Separate Utilities: Each unit is equipped with its own water heaters and utilities, offering convenience and autonomy to both tenants and owner.
Common Foyer: The shared entrance foyer provides a warm welcome to all residents and guests, enhancing the sense of community within the property.
Backyard Oasis: The fenced backyard, adorned with charming pavers, offers a communal outdoor space for relaxation and enjoyment.
Located in a sought-after neighborhood, this property enjoys close proximity to local amenities, schools, parks, and public transportation, making it a desirable choice for tenants. Its prime location also ensures long-term value and potential appreciation.
Seize the chance to add a reliable income stream to your portfolio with this turnkey investment. Schedule your showing today and unlock the potential of 902 Swede St, Norristown. This property won't stay on the market for long!
Location
State PA
County Montgomery
Area Norristown Boro (10613)
Zoning R2
Rooms
Basement Full, Unfinished
Interior
Hot Water Natural Gas
Heating Forced Air, Zoned
Cooling None
Fireplace N
Heat Source Natural Gas, Electric
Exterior
Waterfront N
Water Access N
Accessibility None
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
New Construction N
Schools
High Schools Norristown Area
School District Norristown Area
Others
Tax ID 13-00-36132-008
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Veronica Shub • Archstone Realty
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Marc DiFrancesco
Real Estate Advisor & Licensed Agent | License ID: 2183327
Real Estate Advisor & Licensed Agent License ID: 2183327