Norristown, PA 19401,551 CHERRY ST
Norristown, PA 19401,551 CHERRY ST
Norristown, PA 19401,551 CHERRY ST
Norristown, PA 19401,551 CHERRY ST
Norristown, PA 19401,551 CHERRY ST
Norristown, PA 19401,551 CHERRY ST
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$350,000

$349,900

Est.Price: ?

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Est. payment /mo

2,593 SqFt


SOLD DATE : 12/28/2023

Key Details

Sold Price $350,000

Property Type Multi-Family

Sub Type End of Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 2,593 sqft

Price per Sqft $134

MLS Listing ID PAMC2071012

Sold Date 12/28/23

Style Colonial

Abv Grd Liv Area 2,593

Originating Board BRIGHT

Year Built 1890

Annual Tax Amount $3,873

Tax Year 2022

Lot Size 2,050 Sqft

Acres 0.05

Lot Dimensions 20.00 x 0.00

Property Description

Investor Alert! Quadraplex located on the corner of Cherry and Marshall St. Ideal for those who are looking to live in one unit and rent the other three out, or for those looking to add to their portfolio! All four units are currently rented. There is one, 1 bed / 1 bath, one 3 bed/1 bath, one studio and one 2 bed/ 2 bath unit. The first-floor unit has forced air, the second floor has hot water or forced air, and electric baseboard heat for the third floor. Potential to collect higher rents on a few of the units! Currently collecting $3500 in rents with projected rent estimated to be just shy of $4000/month. Walking distance to several shops and restaurants, easy access to main roads and public transportation including train and bus routes. Call us today to schedule your private tour. Note: Seller is also selling 36-38 Spruce St just a few blocks away!

Location

State PA

County Montgomery

Area Norristown Boro (10613)

Zoning RESIDENTIAL - MULTI FAM

Rooms

Basement Unfinished

Interior

Hot Water Electric, Natural Gas

Heating Forced Air, Baseboard - Electric

Cooling None

Heat Source Natural Gas, Electric

Exterior

Exterior Feature Balcony

Waterfront N

Water Access N

Accessibility None

Porch Balcony

Parking Type None

Garage N

Building

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Norristown Area

Others

Tax ID 13-00-08104-001

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Michael J Sroka • Keller Williams Main Line
Bought with Yakov Toyberman • Homestarr Realty
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