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144 W Marshall Street

NORRISTOWN, PA 19401
  • $160,000
  • STATUS: Active
  • ON SITE: 307 Days
  • ID#: PAMC2005036
UPDATED: 56 min ago
$160,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1825
County:

School Ratings & Info

School District:

Description

This is a fully rented grandfathered rooming house with 7 rented units. This is a rare opportunity to acquire an income producing commercial residential property in Norristown. Gross rent pcm $3,390.00 with a lot of room for improvement. Property is professionally managed and all leases transfer. Rooms are in varying degrees of repair depending on when they last changed hands. Listing agent must be present for all showings and 48hr notice is required with proof of funds from the buyer. Property is being sold "As-Is", inspections permitted for informational purposes only, no seller repairs/credits from agreed contract price. Buyer is responsible for U&O Certification from Norristown and any required repairs. Seller is liquidating two properties to fund a different investment. Please see: MLS# PAMC2004458 for 218 Pearl St. listing. Preference to a buyer willing to acquire both properties.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Mackintosh Realty Inc. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-05-25T17:51:56.117.
www.sunrisehomesalesteam.com/homes/119534622
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144 W Marshall Street NORRISTOWN, PA 19401

  • Price: $160,000
  • Status: Active
  • On Site: 307 Days
  • Updated: 56 min ago
  • ID#: PAMC2005036
0
Beds
0
Baths
0
½ Baths
0.04
Acres
1825
Built
Neighborhood:
Norristown Boro (10613)
County:
Montgomery
Area:
Norristown Boro (10613)
School District:
Norristown Area
Property Description
This is a fully rented grandfathered rooming house with 7 rented units. This is a rare opportunity to acquire an income producing commercial residential property in Norristown. Gross rent pcm $3,390.00 with a lot of room for improvement. Property is professionally managed and all leases transfer. Rooms are in varying degrees of repair depending on when they last changed hands. Listing agent must be present for all showings and 48hr notice is required with proof of funds from the buyer. Property is being sold "As-Is", inspections permitted for informational purposes only, no seller repairs/credits from agreed contract price. Buyer is responsible for U&O Certification from Norristown and any required repairs. Seller is liquidating two properties to fund a different investment. Please see: MLS# PAMC2004458 for 218 Pearl St. listing. Preference to a buyer willing to acquire both properties.
Exterior Features

Construction Materials Brick Garage YN No Parking Types On Street Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 0.00 Cooling Window Unit(S) Heating None Net Square Feet 2303.00

Property Features

Accessibility Features None Assessment Year 2022 Association YN No Business Type Apartment Building Central Air YN No Cooling Fuel Electric Heating Fuel Natural Gas Hot Water Natural Gas Municipality Norristown Boro Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 800877400758 Ownership Interest Fee Simple Possession 0-30 Days CdImmediate Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 3505.00 Tax Assessment Amount 58900.00 Tax Lot 003 Vacation Rental YN No Water Source Public Zoning Rooming House Zoning Description 1145 Comm: Rooming House/Tourist Home

Listing courtesy of Springer Realty Group.


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Mackintosh Realty Inc. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-05-25T17:51:56.117.
 
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Mackintosh Realty Inc
262 W Patrick Street
Frederick MD, 21701