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Lehigh Valley Just Listed LLC
535 E Lafayette St, Norristown, PA 19401
- $295,000
- 1,456
- SqFt
- List Price
- $295,000
- MLS#
- PAMC2194910
- Status
- ACTIVE
- Type
- Multifamily
- City
- Norristown
- Area
- Norristown Boro (10613)
- County
- Montgomery
- Living Area
- 1,456
- Lot Size
- 1,516
- Year Built
- 1920
Property Description
Two units, both leased, both renovated. Unit 1 is a 2 bed, 1 bath renting for $1,500/mo. Unit 2 is a 1 bed, 1 bath renting for $1,125/mo. That's $31,500 in gross annual rent with tenants already in place, so you start collecting on day one. Both units were updated with LVP flooring throughout and fresh neutral paint. The kitchens have stainless appliances and tile backsplashes. The baths are updated with modern fixtures, and the brick exterior keeps maintenance low. A plug-and-play income property for investors who want cash flow without a renovation. It also works for an owner-occupant who wants to house hack, living in one unit while the other covers a big piece of the mortgage.
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Additional Information
- Acres
- 0.03
- Basement
- Partial
- Cooling
- Window/Wall
- Living Area
- 1,456
- Lot Size
- 1,516
- Region
- Norristown Boro (10613)
- School District
- Norristown Area
- Sewer
- Public Sewer
- Style
- Colonial
- Zoning
- 1132 RES: DUPLEX
Mortgage Calculator
Listing courtesy of Keller Williams Realty Wilmington. Contact:
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