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ALL 8 UNBITS ARE OCCUPIED , GOOD FOR INVESTMENT PROPERTY, MONTGOMERY COUNTY , HIGH CAP RATE INVESTMENT PROPERTY, MUST SEE !!! Annual gross rental income :$13,000 /month =$156,000.00 Annual Expenses: real estate tax :$13,000.00 , real estate insurance:$6,000.00 , Trash fee:$5.616.00 , Sewerage :$2,832.00 so Annual Expenses total :$27,448.00 Annual Net rental income;$156,000.00-$27,448.00 =$128,552.00 Pre-approval letter, and/or proof of funds required for showings, serious inquiries only It is the responsibility of buyer and buyer's agent to confirm square footage estimates and annual tax amounts. 536-540 E Main 8 Units, 536 Unit 1 : 1bed/1bath 536 : $1,200/ MONTH , Unit 2R: 1 bed/1 bath : $1,200/ month rent, 536 Unit 3: 2 bed/1 bath : rent:$1,500/month . 536 Unit 4: 1 bed/1 bath : rent $1,300/month . 536- 540 Unit 3rd Floor: 5 bed/2bath : rent $3,000/month , 540 1st Front: 2 bed/1bath : rent 1,800.00 /month . 540 Unit 2R: 1 bed/1bath :rent 1,300/month , 540 Unit 2nd Fl: 1 bed/1 den/1 bath: rent $2,000.00/month . so total monthly rent is $13,000.00 so annuall $150,000.00 Parking, Laundry
Property Type(s):
Multi Family
| Last Updated | 1/7/2025 | Year Built | 1900 |
|---|---|---|---|
| Community | Norristown Boro (10613) | County | MONTGOMERY |
SCHOOLS
| School District | NORRISTOWN AREA |
|---|
Price History
| Prior to Jan 3, '25 | $890,000 |
|---|---|
| Jan 3, '25 - Today | $990,000 |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Norristown Boro (10613) |
| CONSTRUCTION | Brick |
| HEAT | Electric |
| LOT | 6970 sq ft |
| LOT DIMENSIONS | 50.00 x 0.00 |
| PARKING | Attached |
| SEWER | Public Sewer |
| STYLE | Other |
| TAXES | 9798 |
| WATER | Public |
Location
Listing provided by PK PROPERTY INC.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Keller Williams participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Keller Williams are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
2025 BRIGHT, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Data last updated: 1/9/25 7:35 AM PST
This IDX solution is (c) Diverse Solutions 2025.
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