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816 W ELM ST, Norristown, Pennsylvania

$110,000Active

816 W ELM ST, Norristown, Pennsylvania 19401
Springer Realty Group - MLS® ID: 7001318

Property Details

816 W ELM ST, Norristown, Pennsylvania 19401 - Excellent Duplex for Sale! Very well maintained! $1,750 monthly income! $21,000 per year Gross Rents. Minus gross expenses taxes ($3,195 year) and insurance ($569) Oil Heat ($1400) Water and Sewer ($1270) only $536 a month! NOI $1,214 per month or $14,568 per year! Cash cow. Turn key. 1st floor unit is One bedroom and one bath. 2nd floor unit is Three bedrooms and one bath. Each unit has separate electric meters paid by tenants. Tenants pay hot water. Full basement with plenty of room for storage. Recently inspected and approved by Code Enforcement. Great investment.

Amenities

  • Zip19401
  • CountyMontgomery
  • StatusActive
  • Purchase TypeActive
  • Property typeMulti-Family
  • Zoning typeR2
  • School districtNorristown
  • High schoolNORRISTOWN
  • Year built1903
  • Lot size0.03
  • SewerPublic Sewer
  • HeatingRadiator
  • CoolingNone
  • Tax amount$3,289.00
  • Tax year2017
  • Office IDSPRNGRGP
  • Agent ID225353
  • Agent nameGregory Martire
  • MLS® ID7001318

Broker: Springer Realty Group

Listing Courtesy of Springer Realty Group

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“Chris did a terrific job helping me to find just the right home and holding my hand all through the process of buying a home. Chris was always avaiable on the momentary notice to address any issue, large or small; and many times i had to wonder if he ever takes a break. I would recommend Chris for any real estate needs in a heartbeat!!! Thank you The Somers Team!”

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