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Key Details
Sold Price $597,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,724 sqft
Price per Sqft $160
MLS Listing ID PAMC2108898
Sold Date 09/04/24
Style Traditional
Abv Grd Liv Area 3,724
Originating Board BRIGHT
Year Built 1899
Annual Tax Amount $3,204
Tax Year 2024
Lot Size 4,200 Sqft
Acres 0.1
Lot Dimensions 30.00 x 0.00
Property Description
A very rare property. Three, 3 bedroom units under 1 roof. Live in 1 unit of this triplex and rent out
the other 2... or lease out all 3 and generate maximum income.
3,788 total sq. ft:
Unit 1) 3 Bedroom, 2 Bath (1,288 sq. ft.)
Unit 2) 3 bedroom 1 Bath (1,250 sq. ft)
Unit 3) 3 Bedroom 1 Bath (1,250 sq. ft.
All units have central air conditioning, gas furnace forced hot air, washer and dryer hook-ups, large
bedrooms, spacious closets, and many windows/ skylights. There are separate utilities for electric
and gas (water bill combined). Large grassy yard with shade trees. Huge front porch perfect for
enjoying warm summer evenings.
This triplex has been meticulously maintained and needs NOTHING, no repairs or outstanding
maintenance needed. Newer heaters, and hot water heaters. New maintenance free roof with 20-
year warranty installed earlier this year. All units have been renovated in the last few years and are in
excellent condition.
The property is in a prime location. Just a 2-block walk to the bus stop, grocery store and CVS. A
short walk to Elmwood Park, the Norristown Zoo, Montgomery County Courthouse, train station (to
Philadelphia) and the Norristown Public Library. Five-minute drive to King of Prussia, 20 minutes to
Philadelphia.
This is a rare opportunity to own 3 large apartments under one roof. The rental demand in this area
is strong. Montgomery County Housing Authority reimbursement for a 3-bedroom unit in this area is
now up to $2,500 per month (per unit).
If you haven't recently visited, you may not have seen all the improvements that have occurred in
Norristown from streetscapes, the cultural district, and major transportation improvement projects to
thriving neighborhoods - commercial growth in Norristown is on the rise. Norristown is home to many
new businesses - and existing businesses are expanding. The Recreation Department provides
programs for children and adults throughout the year. The Thomas Barone Memorial Complex offers
3 athletic fields, one with lights, for youth baseball and softball programs. Latshaw Field is host to the
Chestnut Hill University Baseball Team. Elmwood Park offers: Bocce Ball, picnic areas, a brand new
impressive 3 story playground, as well as outdoor concerts on Sundays and volleyball.
The property along the Norristown riverfront is readied for redevelopment and the path forward for a
thriving riverfront in place. Schuylkill River Trail and Norristown Transportation Center development
has been completed. The 70-acre parcel that was the former site of the State Hospital was deeded to
Norristown borough from the state last year. Plans for the re-development of this site are nearing
completion.
Location
State PA
County Montgomery
Area Norristown Boro (10613)
Zoning 1134 RES: TRIPLEX
Rooms
Basement Full
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Fireplaces Number 1
Fireplace Y
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Norristown Area
Others
Tax ID 13-00-09628-007
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with sAAJAN Patel • KW Empower
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Marc DiFrancesco
Real Estate Advisor & Licensed Agent | License ID: 2183327
Real Estate Advisor & Licensed Agent License ID: 2183327