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Key Details
Sold Price $319,900
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 3,392 sqft
Price per Sqft $94
MLS Listing ID PAMC2039370
Sold Date 07/21/22
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $2,678
Tax Year 2021
Lot Size 3,392 Sqft
Acres 0.08
Lot Dimensions 21.00 x 0.00
Property Description
LOOKING FOR AN EXCELLENT INVESTMENT OPPORTUNITY? This newly-improved Multi-Use building, located on the north end of booming Norristown Boro, is the perfect investment to add to your portfolio! Starting with the 1st Floor, there is a Commercial Space ( currently leased by a hair/nail salon and bringing in $1,000/month ), with amenities such as a public restroom, reception/waiting area, 2 additional rooms, and access to a large unfinished basement with ample storage space. Moving on to the Residential portion of this building, a separate entrance will lead you to the newly-renovated 4 Bed/2 full Bath Apartment on the 2nd and 3rd Floors ( currently vacant, but could collect at least $1,600/month ). This spacious apartment has a Brand New Kitchen, Remodeled Bathrooms, New Flooring and more. There is also a New Heater and Brand New Roof ( May 2022 ), which will help keep your Property Maintenance cost very low! This Multi-Use building is also equipped with its own Parking Lot for 7 spaces and a large 1-Car Garage ( could collect additional income of $225/month ), not to mention plenty of on-street parking. Take advantage of all this property has to offer and enjoy the convenience of being only 10 minutes from King of Prussia, the Plymouth Meeting Mall, Einstein Hospital, and the Montgomery County Interchange. All offers will be considered so get yours submitted ASAP because this will sell QUICKLY!
Location
State PA
County Montgomery
Area Norristown Boro (10613)
Zoning C - RETAIL, OFFICE, APTS.
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Flooring Hardwood
Heat Source Natural Gas
Exterior
Garage Spaces 9.0
Water Access N
Accessibility None
Total Parking Spaces 9
Garage N
Building
Lot Description Corner
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
High Schools Norristown Area
School District Norristown Area
Others
Tax ID 13-00-31132-004
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Cash,Conventional,Other
Special Listing Condition Standard
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Bought with Anthony DeSanctis • RE/MAX Professional Realty