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Key Details
Sold Price $255,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 3,834 sqft
Price per Sqft $66
MLS Listing ID PAMC690582
Sold Date 12/15/21
HOA Y/N N
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $5,304
Tax Year 2021
Lot Size 4,065 Sqft
Acres 0.09
Lot Dimensions 27.00 x 0.00
Property Description
ATTENTION NORRISTOWN INVESTORS: This 5 UNIT property runs like a CASH-FLOWING machine. In addition to being visually presentable, this building has been well-kept by a local professional property management company, and is extremely low-maintenance. All 5 residential units are currently occupied, half of which by LONG-TERM TENANTS. This investment opportunity comes at a 9.4 CAP RATE, so if you're in search of a solid ROI, this is a no-brainer. Make sure to view the 3D TOUR AVAILABLE of the building. 916 Swede St is a (profit generating) opportunity knocking, so make a call to open the door! Get your offer in... before someone else does!
Location
State PA
County Montgomery
Area Norristown Boro (10613)
Zoning MIXED- RES/COM
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Heat Source Natural Gas
Exterior
Garage Spaces 6.0
Waterfront N
Water Access N
Accessibility None
Parking Type Driveway
Total Parking Spaces 6
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
High Schools Norristown Area
School District Norristown Area
Others
Tax ID 13-00-36152-006
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Financing Cash,Other
Special Listing Condition Standard
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Bought with Robin S Bowers • Century 21 Advantage Gold-Trappe
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