1449 Powell St, Norristown, PA 19401

$429,900
2,828
SqFt

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List Price
$429,900
MLS#
PAMC2186170
Status
ACTIVE
Type
Multifamily
Total Units
2
City
Norristown
Area
Norristown Boro (10613)
County
Montgomery
Living Area
2,828
Lot Size
5,227
Year Built
1890

Property Description

Triplex + 2 Garages and Storage unit rented | Fully Occupied | Strong Cash Flow Welcome to 1449 Powell St, an income‑producing triplex offering multiple revenue streams, stable tenancy, and low ongoing maintenance. This property is fully occupied and delivers immediate cash flow, making it ideal for investors, 1031 buyers, and owner‑occupants seeking rental income. This building features three fully leased residential units two 1 bedroom units and one 2 bedroom unit, each with reliable long‑term tenants and documented payment history. In addition to the residential units, the property includes two rented garage bays and one additional storage unit within the garage structure — all currently generating income. The basement also contains multiple storage bins, which the landlord can rent individually for additional revenue. These ancillary income opportunities significantly enhance the property’s cash flow and cap rate performance. Seller has buyer package containing: T12, utility breakdown, and lease summaries. Can be emailed on request.

Additional Information

Acres
0.12
Basement
Yes
Cooling
None
Garage
Yes
Garage Spaces
2
Living Area
2,828
Lot Size
5,227
Parking
Concrete Driveway
Region
Norristown Boro (10613)
School District
Norristown Area
Sewer
Public Sewer
Style
Other
Total Units
2
Zoning
TRIPLEX

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Calculator source: Real Geeks

Listing courtesy of HomeZu by Simple Choice. Contact: (855) 885-4663

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