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719 Swede Street

Norristown, PA 19401

– beds
– baths
2,918 sqft
4,640 sqft lot
$85 per sqft
1881 build

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This property boasts tremendous potential and the perfect canvas for the savvy investor or homeowner. Live in one and lease the other two. There have been some updates to the interior units in the past, although more is needed. This property offers endless opportunities and is poised for transformation. There are tenants in place and with the right investor there is potential of increase in rental income. The side yard may be able to offer additional potential as well. The three current leases are well below what the new Buyer can charge ranging from $1,350-$2,150/month for the two, two bedroom units and $900-$1,695/month for a one bedroom. Off street parking for up to 4 cars from the rear alley offers convenience as well. The property is being sold in "AS IS CONDITION". The Buyer is responsible for Certificate of Occupancy, Rental license, etc. and to confirm all zoning criteria as this is listed in the Historic District, 2 blocks down from the Courthouse, nearby Lawyers row and the Transportation center at Swede and Main Streets.

Listing courtesy of BRIGHT / RE/MAX Affiliates

Last checked: Checking… • Last updated Dec 16, 2024 •

MLS# PAMC2106078 —

The Building

Year Built:

1881
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Brick
Building Units Total:

3
Structure Type:

End of Row/Townhouse
Architectural Style:

Colonial
Accessibility Features:

None
Foundation Details:

Block, Brick/Mortar
Basement:

Yes
Basement Type:

Full
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

2918

Interior

Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

2918
Living Area SqFt:

2,918 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Cash, Conventional
Buyer Financing:

Private
Possession:

0-30 Days CD

Location

Directions:

GPS 719 SWEDE STREET NORRISTOWN PA 19401
Latitude:

40.11878000
Longitude:

-75.34231000

The Property

Property Type:

Multi-Family
Property Subtype:

Triplex
Lot Size Units:

Square Feet
Lot Size Acres:

0.11
Lot Size Source:

Assessor
Lot Size Dimensions:

40.00 x 0.00
Lot Dimensions Source:

Assessor
Lot SqFt:

4,640 Sqft
Zoning Description:

1134 Res: Triplex
Zoning:

1134 RES: TRIPLEX
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:

1134
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

13-00-36392-009
Tax Year:

2024
Tax Lot:

4
Tax Annual Amount:

$3,457
Tax Assessed Value:

$56,100
Year Assessed:

2024
School Tax:

2199.0
County Tax:

268.00
City/Town Tax:

967.00
Total Taxes Payment Frequency:

Annually

The Listing

Close Sale Type:

Standard Sale

Heating & Cooling

Cooling Type:

None
Central Air:

No
Cooling Fuel:

None
Heating:

Yes
Heating Type:

Baseboard - Hot Water
Heating Fuel:

Natural Gas

Utilities

Utilities:

Electric Available, Natural Gas Available, Sewer Available, Water Available
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
Association Recreation Fee:

No

Parking

Garage:

No
Type of Parking:

Alley, On Street
Parking Features:

Crushed Stone

Extra Units

# of Units:

3
Vacation Rental:

No
Units Furnished:

None
One Bedroom Units:

1
Two Bedroom Units:

2

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Sale history

Date	Event	Source	Price	% Change
7/30/24 Jul 30, 2024	Sold	BRIGHT	$250,000	-37.5%
6/6/24 Jun 6, 2024	Sold Subject To Contingencies	BRIGHT	$399,900
5/31/24 May 31, 2024	Listed / Active	BRIGHT	$399,900

Multifamily Sold on 7/30/2024

$250,000

Listing provided by broker:

Michael D Serratore

RE/MAX Affiliates

(267) 520-3711

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Listing Courtesy of: BRIGHT and RE/MAX Affiliates.

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.

719 Swede Street

Norristown, PA 19401