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627 Cherry Street

NORRISTOWN, PA 19401
  • $230,000
  • STATUS: Active Under Contract
  • ON SITE: 24 Days
  • ID#: PAMC2036248
Under Contract
$230,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,472
    SQFT
  • $93
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Information

High School:
School District:

Description

Fantastic investor opportunity, reliable long term tenant occupied Norristown duplex. New , efficient gas heaters for each unit were installed in 2019. Unit 1 - 1st floor is 2 bed, 1 bath apartment with basement access that has been occupied 5 + years. Unit one is accessed from a private side entrance. High ceilings and an ample amount of space in both bedrooms, living room, large eat-in kitchen and full bath. Current rent is $900 per month, Tenant is responsible for electricity and heat. Unit 2 - Second and third floors make up the second unit with front entrance to Cherry St. Second floor has large living room, full bathroom, and kitchen. This unit is currently occupied by a reliable long term 5+ year tenant. $1200 a month, currently month to month.Tenant is responsible for Electricity and Heat. A sizeable shared yard out bac could be an ideal outdoor space or utilized for off street parking. Potential +G+house-hacking+G- opportunity for the right buyer to live in one unit and have the other one pay to cover the mortgage. Fantastic opportunity. Please call the listing agent to schedule private showings. There are no interior photos out of respect for the tenants privacy.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Charis Realty Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-05-21T23:50:35.697.
www.charisrealtygroup.com/homes/128099483
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627 Cherry Street NORRISTOWN, PA 19401

  • Price: $230,000
  • Status: Active Under Contract
  • On Site: 24 Days
  • ID#: PAMC2036248
0
Beds
0
Baths
0
½ Baths
0.05
Acres
2,472
SQFT
$93
$/SQFT
1900
Built
Neighborhood:
None Available
County:
Montgomery
Area:
Norristown Boro (10613)
High School:
Norristown Area
School District:
Norristown Area
Property Description
Fantastic investor opportunity, reliable long term tenant occupied Norristown duplex. New , efficient gas heaters for each unit were installed in 2019. Unit 1 - 1st floor is 2 bed, 1 bath apartment with basement access that has been occupied 5 + years. Unit one is accessed from a private side entrance. High ceilings and an ample amount of space in both bedrooms, living room, large eat-in kitchen and full bath. Current rent is $900 per month, Tenant is responsible for electricity and heat. Unit 2 - Second and third floors make up the second unit with front entrance to Cherry St. Second floor has large living room, full bathroom, and kitchen. This unit is currently occupied by a reliable long term 5+ year tenant. $1200 a month, currently month to month.Tenant is responsible for Electricity and Heat. A sizeable shared yard out bac could be an ideal outdoor space or utilized for off street parking. Potential +G+house-hacking+G- opportunity for the right buyer to live in one unit and have the other one pay to cover the mortgage. Fantastic opportunity. Please call the listing agent to schedule private showings. There are no interior photos out of respect for the tenants privacy.
Exterior Features

Architectural Style Other Construction Materials Brick Garage YN No Other Structures Above GradeBelow Grade Parking Types On Street Pool No Pool Riparian Rights YN No Roof Unknown Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2472 Basement Full Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Exclusions Personal items Of Tenants Fireplace YN No Fireplaces Total 0 Heating Forced Air Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 1

Property Features

Acceptable Financing ConventionalCash Accessibility Features None Assessment Year 2022 Central Air YN No Cooling Fuel None Cross Street Marshall Existing Lease Type Month To Month Foundation Details Permanent Heating Fuel Natural Gas Historic YN No Hot Water Natural Gas Municipality Norristown Boro Navigable Water YN N New Construction YN No Number Of Units Leased 2 Number Of Units Total 2 Original MLSNumber 801514750452 Ownership Interest Fee Simple Possession Immediate Property Sub Type Duplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type End Of Row/Townhouse Tax Annual Amount 3204.00 Tax Assessment Amount 53840.00 Tax Lot 62 Total Actual Rent 25200.00 Utilities Cable TvElectric AvailableNatural Gas AvailablePhoneSewer AvailableWater Available Vacation Rental YN No Water Source Public Zoning Tr

Listing courtesy of Vanguard Realty Alliance Llc.


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Charis Realty Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-05-21T23:50:35.697.
 
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Charis Realty Group
1896 Urbana Pike, Suite 6
Clarksburg MD, 20871