A very rare property. Three, 3 bedroom units under 1 roof. Live in 1 unit of this triplex and rent out the other 2... or lease out all 3 and generate maximum income. 3,788 total sq. ft: Unit 1) 3 Bedroom, 2 Bath (1,288 sq. ft.) Unit 2) 3 bedroom 1 Bath (1,250 sq. ft) Unit 3) 3 Bedroom 1 Bath (1,250 sq. ft. All units have central air conditioning, gas furnace forced hot air, washer and dryer hook-ups, large bedrooms, spacious closets, and many windows/ skylights. There are separate utilities for electric and gas (water bill combined). Large grassy yard with shade trees. Huge front porch perfect for enjoying warm summer evenings. This triplex has been meticulously maintained and needs NOTHING, no repairs or outstanding maintenance needed. Newer heaters, and hot water heaters. New maintenance free roof with 20- year warranty installed earlier this year. All units have been renovated in the last few years and are in excellent condition. The property is in a prime location. Just a 2-block walk to the bus stop, grocery store and CVS. A short walk to Elmwood Park, the Norristown Zoo, Montgomery County Courthouse, train station (to Philadelphia) and the Norristown Public Library. Five-minute drive to King of Prussia, 20 minutes to Philadelphia. This is a rare opportunity to own 3 large apartments under one roof. The rental demand in this area is strong. Montgomery County Housing Authority reimbursement for a 3-bedroom unit in this area is now up to $2,500 per month (per unit). If you haven't recently visited, you may not have seen all the improvements that have occurred in Norristown from streetscapes, the cultural district, and major transportation improvement projects to thriving neighborhoods - commercial growth in Norristown is on the rise. Norristown is home to many new businesses - and existing businesses are expanding. The Recreation Department provides programs for children and adults throughout the year. The Thomas Barone Memorial Complex offers 3 athletic fields, one with lights, for youth baseball and softball programs. Latshaw Field is host to the Chestnut Hill University Baseball Team. Elmwood Park offers: Bocce Ball, picnic areas, a brand new impressive 3 story playground, as well as outdoor concerts on Sundays and volleyball. The property along the Norristown riverfront is readied for redevelopment and the path forward for a thriving riverfront in place. Schuylkill River Trail and Norristown Transportation Center development has been completed. The 70-acre parcel that was the former site of the State Hospital was deeded to Norristown borough from the state last year. Plans for the re-development of this site are nearing completion.​

Listing courtesy of BRIGHT / Realty Mark Associates - KCP

Last checked: Checking… • Last updated Nov 6, 2024 • Source: BRIGHT

MLS# PAMC2108898 — Report a problem