Norristown, PA 19401,232 W MAIN ST
Norristown, PA 19401,232 W MAIN ST
Norristown, PA 19401,232 W MAIN ST
$275,000
Est. payment /mo
$275,000
Est.Price: ?

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3,026 SqFt
SOLD DATE : 04/14/2020

Key Details

Sold Price $275,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 3,026 sqft

Price per Sqft $90

Subdivision None Available

MLS Listing ID PAMC103752

Sold Date 04/14/20

Style Other

HOA Y/N N

Abv Grd Liv Area 3,026

Originating Board TREND

Year Built 1900

Annual Tax Amount $4,159

Tax Year 2018

Lot Size 6,601 Sqft

Acres 0.15

Lot Dimensions 18

Property Description

232 W Main Street Mixed-use property containing 3,026 square feet in a detached, masonry brick, part one, part two and part three-story building; site includes rear gravel-paved parking lot. Fully occupied with third-party tenants: retail store front at the first floor-front; efficiency apartment at first floor-rear; and apartments on second and third floors. Separate electric panels, meters and hot water heaters per unit; 100-amp circuit breakers. Separate electric baseboard heating; air conditioned via window/wall units. The property has good access and above average visibility from Main Street, which is a local commercial thoroughfare travel artery with above average traffic counts for the area. The first floor has a commercial unit and a rear efficiency apartment accessed at the rear from the parking lot. The commercial unit is mostly a large, open store area but has 2 back rooms and powder room. To access the upper floor apartments there is a separate front door leading to the stairway for the upper floor apartments. The basement is accessed via bulk-head doors in the front sidewalk. The basement has utilities. The second-floor apartment has one bedroom, a living area, kitchen, and bathroom. The upper apartment is bi-level, has two bedrooms, kitchen and living space, and a full bathroom. The Property is located in downtown area of Norristown, blocks from Montgomery County courthouse and Transportation Center hub. Flexible use rooms on first floor make it easy to access public sidewalk/foot traffic. There are approximately 12 parking spots in rear of this building. This 4-Unit property is completely rented. The commercial lease is month to month and the apartments leases are Month/Month. Tenants pay Gas and Electric. All meters are separated. Good income producing property. Current Rental Income totals - $3700 per month. Seller is selling 4 parcels together.

Location

State PA

County Montgomery

Area Norristown Boro (10613)

Zoning TC

Rooms

Other Rooms Primary Bedroom

Basement Unfinished

Interior

Interior Features Store/Office

Hot Water Electric

Heating Baseboard - Electric

Cooling None

Fireplace N

Heat Source Electric

Laundry None

Exterior

Water Access N

Roof Type Flat

Accessibility None

Garage N

Building

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

High Schools Norristown Area

School District Norristown Area

Others

Tax ID 13-00-22504-001

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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Bright MLS (BMLS)
Listed by Julie M Boland • Coldwell Banker Realty
Bought with Julie M Boland • Coldwell Banker Realty

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