2,808 Sqft Lot
2,808 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision None Available
MLS Listing ID PAMC2187270
Year Built 1880
Annual Tax Amount $8,604
Tax Year 2021
Lot Size 2,808 Sqft
Acres 0.06
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Apts were renovated approx 4 yrs ago with h/w flrs, new kit/bath, new appliances, laundry in each unit. Rents: 1st flr $1300 mo, 2nd & 3rd flr apts rent for $2038 ea. with tenants paying gas, elec, heat, h/w.
Total $64,512 annual income. 10% cap rate!!!
Walk across street to R6 high speed line and Septa transportation center. Only 1 block away from Montgomery County Court House. Lafayette Street was recently expanded and improved for easy access to highway network of I476 and I676.
Location
State PA
County Montgomery
Area Norristown Boro (10613)
Zoning TC
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling None
Heat Source Natural Gas
Exterior
Garage Spaces 3.0
Water Access N
View Street
Roof Type Flat,Pitched
Street Surface Black Top
Accessibility None
Road Frontage Boro/Township, State
Total Parking Spaces 3
Garage N
Building
Lot Description Corner
Foundation Stone, Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction N
Schools
High Schools Norristown Area
School District Norristown Area
Others
Tax ID 13-00-36228-002
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
Nearby Locations
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