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Step into this unique and versatile 3 Unit property with a private entrance that invites you to explore its myriad of possibilities. The building features a 2-car garage equipped with an electric door opener, with the potential to create 5 additional parking spaces in the backyard, pending township approval. On the first floor, the commercial space currently serves as an Optometrist Office operated by the seller. It includes a waiting room, reception area, several treatment rooms, plenty of storage space, a restroom, and a hallway that allows the property to be divided off into another office or kept as one large office. There is also a private office with an exit door to the front, and a kitchenette with an exit door to the backyard. Unit 1 houses a 2 bedroom unit featuring a Jack and Jill bathroom, deep sill windows, Italian marble flooring, a bathroom with a bathtub, a bedroom with a large closet space, a kitchen with an electric range and refrigerator, and a living room. This unit s rented effective 03/01/2025 for $1595/month. Unit 2 is 1 bedroom, currently tenant occupied and rented at below market rates for $917/month until 06/15/2025. This unit also has access to the attic for storage. The estimated rental income for the medical office is $20,000/annually resulting in a gross annual income of $50,144. The large unfinished basement offers fantastic storage space, while ample on-street parking and a private rear yard further enhance the appeal of this multi-use building. The basement is accessible from the Doctor's Office or the backyard. Owner pays heat, hot water and common electric. Electric meters are separate. Conveniently located directly off Main St. and close to the Norristown-Manayunk SEPTA station. Schedule your showing today.
DAYS ON MARKET | 10 | LAST UPDATED | 2/13/2025 |
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YEAR BUILT | 1910 | COMMUNITY | Norristown Boro (10613) |
COUNTY | MONTGOMERY | STATUS | Active |
PROPERTY TYPE(S) | Commercial |
School District | NORRISTOWN AREA |
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High School | NORRISTOWN AREA |
ADDITIONAL DETAILS | |
AIR | Central Air, Electric, Zoned |
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AIR CONDITIONING | Yes |
APPLIANCES | Electric Water Heater |
AREA | Norristown Boro (10613) |
CONSTRUCTION | Block, Stone |
GARAGE | Yes |
HEAT | Hot Water, Natural Gas, Radiant |
LOT | 9148 sq ft |
LOT DESCRIPTION | Corner Lot |
LOT DIMENSIONS | 60.00 x 0.00 |
PARKING | Garage |
SEWER | Public Sewer |
STORIES | 3 |
TAXES | 8900 |
UTILITIES | Cable Available |
VIEW | Yes |
VIEW DESCRIPTION | Street |
WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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