29-31 West Main Street

29-31 West Main Street Norristown, PA 19401



Property Details

  • Price$ 515,000
  • Property TypeMixed Use
  • NeighborhoodNorristown
  • Number of Units7
  • Lot Size-
  • Price/Unit$ 73,571
  • Price/Bedroom-
  • Year Built-

Investment Highlights

  • Apartments Equipped with Gas Stoves and New Windows
  • Individual Hot Water Heaters and 100 Amp Electric Service
  • Central Location in Norristown, Pennsylvania
  • Private Parking Lot with 17 Spaces
  • 2 Blocks from Norristown Transportation Center
  • Future Development Opportunity
  • 100% Occupancy

Description

This Property offers potential investors the opportunity to purchase a seven-unit mixed-use property consisting of five apartments and two retail spaces. The property is centrally located in the heart of Norristown only one block from the county court house and other municipal buildings. Both retail spaces are leased, including one to an upscale Chinese BYOB restaurant.

The apartments upstairs are all very spacious one-bedroom apartments, one of which has two bathrooms. The property also consists of 17 off-street parking spaces for both tenants and monthly public parking. This is a very rare opportunity for the market and also presents a future development opportunity. 29-31 West Main Street has consistently been fully occupied and even when there is turnover it quickly re-leases.

Property Status

NOTE: This property is no longer available.


Location


View Larger Map

Comments are closed.

MENU