Address
1455 W Main Street Norristown, PA
Price
$ 300,000
Property Attributes
  • MLS#PAMC2013730
  • TypeCommercial
  • CountyMONTGOMERY
  • CityNorristown
  • AreaWest Norriton Twp
  • Zip19403
  • StyleApartment Building,/General Retail
  • Year Built1920
  • Taxes$ 6397
  • Price$ 300,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3737
  • Lot Size4,356 SqFt
Listing Provided Courtesy Of:
RE/MAX Services
Data Source:
Bright MLS - 382 - MD
Property Description

Excellent opportunity to acquire an investment property in West Norriton with $29,400 annual rental income and 7.4% CAP RATE. This multi-unit property in West Norriton consists of a first floor retail space, lower level storage & 2nd floor apartment. The property has been updated and meets all use and occupancy standards of West Norriton Township. The property has excellent exposure on Main St with an average daily traffic count of 10,000-20,000 cars. The first floor retail space is occupied by a bakery with a year to year lease. New Buyer could occupy the retail space or keep the current Tenant. Road signage available. Separate utilities except water & sewer.

Price History
10/4/2021 Listed $300,000

General Features

Acceptable Financing Cash, Conventional
Accessibility None
Business Type Apartment Building, Other/General Retail
Construction Materials Brick
Cool Fuel Electric
Cooling None
County MONTGOMERY
Days on Market 49
Electric 200+ Amp Service
Flooring Carpet, Vinyl
Heating 90% Forced Air
Location Type Suburban
Lot Size Square Feet 4400.00
MLS Area West Norriton Twp (10663)
Municipality WEST NORRITON TWP
New Construction No
Ownership Fee Simple
Possession Negotiable
Property SubType Mixed Use
Property Type Commercial Sale
PropertyCondition Good
Roof Shingle
Sewer Public Sewer
Subdivision Name NONE AVAILABLE
Tax Annual Amount 6397.0
Tax Lot 021
Tax Year 2021
Total Units 2
Vacation Rental Y/N No
Water Access Y/N No
Zoning C

Interior Features

Central Air Y/N No
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas

Exterior Features

Building Area Total 0.00
Car Parking Spaces 5
Foundation Details Brick/Mortar
Lot Dimensions 28 x 157
Lot Features Level
Lot Size Acres 0.10
Lot Size Source Assessor
Navigable Water Y/N No
Road Frontage Length 28
Road Responsibility Boro/Township
Road Surface Type Black Top
Total Parking Spaces 5
Type of Parking On Street
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 19403

Price
AVG $360K
$300K
Taxes
AVG $8,682
$6,397
Year Built
AVG 1934
1920
Walkscore
AVG 49
44
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.