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329 W Johnson Highway

Norristown, PA 19401

– beds
– baths
– sqft
10,300 sqft lot
1930 build

If you are looking for an easy investment without the headaches of doing repairs, remodeling and trying to find tenants, than here it is! With 3 stories and over 3,000 square feet this commercial/mixed use property is for you. Both units are occupied and tenants would like to stay. Utilities are separately metered. Currently the building is bringing in a net income of nearly 25k a year. With market rent for the apartment, the building could produce about a 7.5% return on investment. If you have a different vision for this property’s use, don’t fear, there are no lengthy leases in place. This could be a great place to live and run a business or whatever you choose to do. The street has a high traffic count and the lot can accommodate 12 vehicle parking. Starting with the first floor, we have an upscale working salon with reception and waiting area, multiple stations, therapy rooms, office, powder room and galley style kitchenette. There is also another office in the basement which happens to be dry and kept neat along with the utilities and storage area. For additional storage there is a shed in the back of the parking lot. The 2nd floor, 3 bedroom apartment is accessed from the rear staircase, which brings you to a large rear deck. There are two glass doors that lead you to the living room with a gas fireplace and sizable modern kitchen along with powder room. The third floor has a full bathroom nestled between the bedrooms that have vaulted ceilings and skylights. Everything is up to code as the fire Marshall recently did an inspection. Property has been kept in great condition. Buy with confidence!

Listing courtesy of BRIGHT / Coldwell Banker Realty

Last checked: Checking… • Last updated Nov 25, 2024 •

MLS# PAMC2123430 —

The Building

Year Built:

1930
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Brick, Stucco, Vinyl Siding
Building Levels:

3
Building Units Total:

2
Structure Type:

Detached
Architectural Style:

Other, Unit/Flat
Accessibility Features:

None
Foundation Details:

Concrete Perimeter
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor

Interior

Fireplace:

Yes
Fireplaces:

1
Living Area SqFt Source:

Assessor

Room Dimensions

Living Area SqFt:

0 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Cash, Conventional
Possession:

Negotiable

Location

Directions:

Take Swede Rd from Germantown Pike toward Norristown. Turn left at Johnson Hwy. Property is on left.
Latitude:

40.12686000
Longitude:

-75.31993000

The Property

Property Subtype:

Duplex
Property Type:

Multi-Family
Lot Size Units:

Square Feet
Lot Size Acres:

0.24
Lot Size Source:

Assessor
Lot Size Dimensions:

69.00 x 0.00
Lot Dimensions Source:

Assessor
Lot SqFt:

10,300 Sqft
Exclusions:

Laser machine, Esthetician Equipment, Micromist, Esthetician Bed
Zoning:

C
Other Structures:

Above Grade, Below Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

4100
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

33-00-04657-008
Tax Year:

2024
Tax Lot:

18
Tax Annual Amount:

$8,140
Tax Assessed Value:

$174,240
Year Assessed:

2024
School Tax:

6830.0
County Tax:

834.00
City/Town Tax:

475.00
Total Taxes Payment Frequency:

Annually

The Listing

Virtual Tour

Heating & Cooling

Cooling Type:

Central A/C
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Forced Air
Heating Fuel:

Natural Gas

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Natural Gas
Water Source:

Public

Schools

School District Name:

Norristown Area
School District Source:

Listing Agent

The Community

Pool:

No Pool

Parking

Garage:

No
Type of Parking:

Parking Lot
Parking Features:

Fenced, Paved Parking, Private

Extra Units

Other Units:

Unit 1,Unit 2
Vacation Rental:

No
Single Room Units:

1
Three Bedroom Units:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/19/24 Nov 19, 2024	Listed / Active	BRIGHT	$425,000

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This multifamily located in Norristown, PA 19401 is currently for sale for $425,000. 329 W Johnson Highway is a – square foot multifamily with – beds and – baths. This multifamily is in the attendance area of Stewart Middle School, Cole Manor Elementary School, Norristown Area High School, and East Norriton Middle School.

Listing Courtesy of: BRIGHT and Coldwell Banker Realty.

The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. 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.