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Check out this solid, fully occupied triplex on Cherry street in Norristown! Set up with two 1 bedroom 1 bath units, one 3 bedroom 3 bath unit. Annual taxes under 4k per year. The units have been refreshed and remodeled in 2021. Current rents for the building are $3795 per month ($43,620 annually). Professional property management is in place. Tenants pay their own utilities and a flat monthly fee for water. The building includes 3 car off street parking in the rear alleyway parking lot. All 3 water heaters were recently replaced in the fall of 2024. In unit heat is electric so tenants can control their own heat and pay their own bill! The building is located across a short walk to the Montgomery County courthouse and Norristown Transportation Center and convenient access to all commuter routes 202, 76, 422 and 476. Buyer is responsible for U&O. Schedule your tour of this great investment opportunity!
Property Type(s):
Multi Family
| Last Updated | 1/2/2025 | Year Built | 1900 |
|---|---|---|---|
| Community | Norristown Boro (10613) | County | MONTGOMERY |
SCHOOLS
| School District | NORRISTOWN AREA |
|---|---|
| High School | NORRISTOWN AREA |
Additional Details
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | Norristown Boro (10613) |
| BASEMENT | Exterior Entry, Unfinished, Yes |
| CONSTRUCTION | Brick |
| HEAT | Baseboard, Electric |
| LOT | 3485 sq ft |
| LOT DIMENSIONS | 33.00 x 0.00 |
| PARKING | Asphalt |
| SEWER | Public Sewer |
| STYLE | Colonial |
| TAXES | 3528 |
| WATER | Public |
Location
Listing provided by Keller Williams Real Estate - Media
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 8:04 AM PST
This IDX solution is (c) Diverse Solutions 2025.
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