Laura Miller - Coldwell Banker Hearthside
1455 W Main St
NORRISTOWN, PA 19403

Description

Excellent opportunity to acquire an investment property in West Norriton with $27,600 annual rental income and 8.2% CAP RATE. This multi-unit property in West Norriton consists of a first floor retail space, lower level storage & 2nd floor apartment. The property has been updated and meets all use and occupancy standards of West Norriton Township.The property has excellent exposure on Main St with an average daily traffic count of 10,000-20,000 cars. The first floor retail space is occupied by a bakery with a year to year lease. New Buyer could occupy the retail space or keep the current Tenant. Road signage available. Separate utilities except water & sewer.

Details

MLS#PAMC372274
StyleIndustrial
Sub-TypeResale
StatusActive
Year1920
Days On Site31

Features

SQ Feet3,737
Story(s)0
Units2
ZoningC

Loading Form

Loading Form

Area Information

StatePA
CityNORRISTOWN
Zip Code19403
AreaWest Norriton Twp (10663)
Listing VS Median (in 19403)
Price:
$249,900
low | high
Med:
$185,900
75.610244097639% of Average
SqFt:
3,737
low | high
Med:
1,080
100% of Average
$ / SqFt:
$67
low | high
Med:
$172
100% of Average
On Site:
31
low | high
Med:
4
100% of Average
Listing Updated: 01/20/2019
MLS Number: PAMC372274
Listing Provided By:
Michael S Choplin  of  RE MAX Services

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

Information Deemed Reliable But Not Guaranteed

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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.

Copyright BRIGHT, All Rights Reserved