201 E Chestnut St - Apartments FOR SALE


Norristown, PA 19401
$650,000 USD
484-318-9082
201 E Chestnut St, Norristown, PA for Sale
$650,000 USD
Apartments - FOR SALE
1/7
null | 7.2% Cap Rate

201 E Chestnut St
Norristown, PA 19401


HIGHLIGHTS

  • Proximity to shopping and transportation

OVERVIEW

Don't miss out on this excellent opportunity to own a 5-unit investment property with tons of original detail. The property consists of a 4 unit newly painted building and an attached house on one tax parcel. It's fully leased with current monthly income of $5080.00. Property is conveniently located only blocks from shopping, schools, parks, houses of worship, and transportation. 4 units have updated kitchens and bathrooms, including counter tops, flooring, cabinets and back splashes. CAP rate equals 7.2%. Four hour notice required for showings to allow tenants to be notified.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$286 USD /SF

# OF UNITS

5

PRICE/UNIT

$130,000

CAP RATE

7.2%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

201 E Chestnut St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1899

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,917 SF

ZONING

R2

APN/PARCEL ID

13-00-08652-002

ASK ABOUT THIS PROPERTY

Robert MarshallBerkshire Hathaway Fox & Roach RealtorsMore Info
484-318-9082

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Robert MarshallBerkshire Hathaway Fox & Roach RealtorsMore Info
484-318-9082

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.