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1024 Dekalb Street

NORRISTOWN, PA 19401
  • $240,000
  • STATUS: Active
  • ON SITE: 61 Days
  • ID#: PAMC2084954
Price Reduced
UPDATED: 211 min ago
$240,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,618
    SQFT
  • $92
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

School District:

Description

Attention investors! Back on the market after previous buyer could not obtain financing. Two-unit multi-family in Norristown. Fully rented with good tenants that have lived there for over 3 years and would like to stay. Current leases are month to month. Home is in need of TLC and is being sold as is. With current rental income and expenses this rental has an 8% cap rate.

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©2023 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 RE/MAX Main Line. 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: 2023-11-28T23:51:02.563.
www.tomtoole.com/homes/143847741
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1024 Dekalb Street NORRISTOWN, PA 19401

  • Price: $240,000
  • Status: Active
  • On Site: 61 Days
  • Updated: 211 min ago
  • ID#: PAMC2084954
0
Beds
0
Baths
0
½ Baths
0.08
Acres
2,618
SQFT
$92
$/SQFT
1900
Built
Neighborhood:
Norristown Boro (10613)
County:
Montgomery
Area:
Norristown Boro (10613)
School District:
Norristown Area
Property Description
Attention investors! Back on the market after previous buyer could not obtain financing. Two-unit multi-family in Norristown. Fully rented with good tenants that have lived there for over 3 years and would like to stay. Current leases are month to month. Home is in need of TLC and is being sold as is. With current rental income and expenses this rental has an 8% cap rate.
Exterior Features

Architectural Style Side-by-Side Construction Materials Brick Exterior Features SidewalksStreet Lights Garage YN No Parking Types On Street Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2618 Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Fireplace YN No Heating Baseboard - Hot Water Heating YN Yes Inclusions All Appliances Single Room Units 0 Spa YN No Three Bedroom Units 1 Two Bedroom Units 0

Property Features

Acceptable Financing ConventionalCash Accessibility Features None Assessment Year 2023 Central Air YN No Cooling Fuel Electric Cross Street E. ELM ST. Electric Circuit Breakers Existing Lease Type Month to Month Foundation Details Stone Gross Income 26400.00 Heating Fuel Natural Gas Historic YN No Hot Water Natural Gas Municipality NORRISTOWN BORO Navigable Water YN N Net Operating Income 17960.00 New Construction YN No Number Of Units Leased 2 Number Of Units Total 2 Operating Expense Includes InsuranceTrash Original MLSNumber 802638771398 Owner Pays SewerWater Ownership Interest Fee Simple Possession Immediate Property Sub Type Duplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Twin/Semi-Detached Tax Annual Amount 5485.00 Tax Assessment Amount 90170.00 Tax Lot 62 Total Actual Rent 26400.00 Vacation Rental YN No Water Average Monthly 60 Water Last12 Months 720.00 Water Source Public Zoning RES.

Listing courtesy of Coldwell Banker Residential Brokerage - Clinton: .


©2023 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 RE/MAX Main Line. 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: 2023-11-28T23:51:02.563.
 
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