Description
Fantastic investment opportunity in the heart of Norristown! This well-maintained property features four spacious apartments: two 2-bedroom units and two 1-bedroom units. Located on one of the best blocks in Norristown, just steps from the upcoming $400 million courthouse, this building has undergone numerous updates including new windows, flooring, safety upgrades, masonry repairs, and more.The property has a recent U&O permit from the Municipality of Norristown and holds a legal 4-unit rental license. Currently, three of the four units are occupied, generating substantial income of over $6,000/month, with the potential to exceed $7,700/month when fully rented. The ground-floor unit is newly renovated and vacant, making it ideal for an investor or an owner-occupant.Dont miss out on this high-income property with incredible location benefits!
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Description
Fantastic investment opportunity in the heart of Norristown! This well-maintained property features four spacious apartments: two 2-bedroom units and two 1-bedroom units. Located on one of the best blocks in Norristown, just steps from the upcoming $400 million courthouse, this building has undergone numerous updates including new windows, flooring, safety upgrades, masonry repairs, and more.The property has a recent U&O permit from the Municipality of Norristown and holds a legal 4-unit rental license. Currently, three of the four units are occupied, generating substantial income of over $6,000/month, with the potential to exceed $7,700/month when fully rented. The ground-floor unit is newly renovated and vacant, making it ideal for an investor or an owner-occupant.Dont miss out on this high-income property with incredible location benefits!
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