521 Swede Street
Norristown, PA 19401
- – beds
- – baths
- – sqft
- 2,088 sqft lot
- 1900 build
Fantastic investment opportunity in the heart of Norristown! This well-maintained property features four spacious apartments: two 2-bedroom units and two 1-bedroom units. Located on one of the best blocks in Norristown, just steps from the upcoming $400 million courthouse, this building has undergone numerous updates including new windows, flooring, safety upgrades, masonry repairs, and more. The property has a recent U&O permit from the Municipality of Norristown and holds a legal 4-unit rental license. Currently, three of the four units are occupied, generating substantial income of over $6,000/month, with the potential to exceed $7,700/month when fully rented. The ground-floor unit is newly renovated and vacant, making it ideal for an investor or an owner-occupant. Don’t miss out on this high-income property with incredible location benefits!
Last checked:
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Last updated Dec 11, 2024
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MLS# PAMC2123112 —
The Building
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Year Built:1900
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Brick
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Building Units Total:4
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Structure Type:Interior Row/Townhouse
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Architectural Style:Straight Thru, Transitional
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Accessibility Features:None
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Foundation Details:Stone
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Basement:Yes
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Basement Type:Full
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Living Area SqFt:0 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:Immediate
Location
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Directions:Heading West on Airy Street, Turn Right onto swede St
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Latitude:40.11676000
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Longitude:-75.34361000
The Property
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Property Type:Multi-Family
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Property Subtype:Quadruplex
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Lot Size Units:Square Feet
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Lot Size Acres:0.05
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Lot Size Source:Assessor
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Lot Size Dimensions:18.00 x 0.00
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Lot Dimensions Source:Assessor
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Lot SqFt:2,088 Sqft
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Zoning:M
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Other Structures:Above Grade, Below Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:1140
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (267) 921-5033
- Office phone:
- (215) 355-5565
Taxes
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Tax ID Number:13-00-36288-005
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Tax Year:2023
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Tax Lot:010
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Tax Annual Amount:$8,278
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Tax Assessed Value:$135,180
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Year Assessed:2024
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School Tax:5299.0
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County Tax:647.00
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City/Town Tax:2331.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:None
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Central Air:No
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Cooling Fuel:None
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Heating:Yes
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Heating Type:Radiant
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Natural Gas
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Water Source:Public
Schools
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School District Name:Norristown Area
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School District Source:Listing Agent
The Community
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Pool:No Pool
Parking
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Total Garage and Parking Spaces:2
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Garage:No
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Type of Parking:Off Street
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Off Street - # of Spaces:2
Extra Units
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Vacation Rental:No
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One Bedroom Units:2
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Two Bedroom Units:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/2/24
Dec 2, 2024
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Price Changed | BRIGHT | $599,000 | -4.8% |
|
11/15/24
Nov 15, 2024
|
Listed / Active | BRIGHT | $629,000 |
