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627 CHERRY ST Norristown, PA 19401
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Key Details
Sold Price $235,000
Property Type Multi-Family
Sub Type End of Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,472 sqft
Price per Sqft $95
Subdivision None Available
MLS Listing ID PAMC2036248
Sold Date 06/21/22
Style Other
Abv Grd Liv Area 2,472
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $3,204
Tax Year 2021
Lot Size 2,000 Sqft
Acres 0.05
Lot Dimensions 20.00 x 0.00
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 house-hacking 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.
Location
State PA
County Montgomery
Area Norristown Boro (10613)
Zoning TR
Rooms
Basement Full
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Utilities Available Cable TV, Electric Available, Natural Gas Available, Phone, Sewer Available, Water Available
Water Access N
Roof Type Unknown
Accessibility None
Garage N
Building
Foundation Permanent
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
High Schools Norristown Area
School District Norristown Area
Others
Tax ID 13-00-08144-006
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Standard
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Bought with Lorry T Hunt • RE/MAX Services