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Key Details
Sold Price $155,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 2,098 sqft
Price per Sqft $73
MLS Listing ID PAMC103760
Sold Date 11/26/19
HOA Y/N N
Originating Board TREND
Year Built 1900
Annual Tax Amount $3,078
Tax Year 2018
Lot Size 1,504 Sqft
Acres 0.03
Property Description
Mixed-use property containing 2,098 square feet in a detached, masonry brick, part one, part two and part three-story building; site improvements includes concrete curb and sidewalk. Fully occupied with third-party tenants: retail store front at the first floor-front; and bi-level, three-bedroom apartment on second and third floors The first floor has a commercial unit accessed along the front elevation and also a rear door from the adjacent parking lot. The commercial unit is mostly a large, open store area but has a back room and powder room. There is a separate rear door leading to the stairway to the upper floor apartment. The basement is accessed via bulk-head door in the front sidewalk and interior stairway. The unfinished basement has utilities. The upper floor apartment has three bedrooms, a living room, kitchen, and bathroom. Property located in downtown area of Norristown, blocks from Montgomery County Courthouse and Transportation Center Hub. Property is zoned TC- Town Center. The commercial unit contains a service business with lease that expires in March 2020. The upper floor apartment has a tenant with term left until September 2019. All meters are separated. Good income producing property. Current Rental income totals - $1,800 per month.
Location
State PA
County Montgomery
Area Norristown Boro (10613)
Zoning TC
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Fireplace N
Heat Source Electric
Exterior
Water Access N
Roof Type Flat
Accessibility None
Road Frontage Boro/Township
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Norristown Area
Others
Tax ID 13-00-22508-006
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Standard
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Bought with Jori M Broad • Coldwell Banker Realty