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PRICE $495,000 dsIDX morgage calculator
SIZE n/a
LOT SIZE 9,148 sqft

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
YEAR BUILT 1910 COMMUNITY Norristown Boro (10613)
COUNTY MONTGOMERY STATUS Active
PROPERTY TYPE(S) Commercial

SCHOOLS
School District NORRISTOWN AREA
High School NORRISTOWN AREA


ADDITIONAL DETAILS
AIR Central Air, Electric, Zoned
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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