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610 Green St, Norristown, PA 19401

$229,900
: 1,232
SqFt

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List Price: $229,900
Status: ACTIVE
MLS#: PAMC2195696
Living Area: 1,232
Lot Size (Acres): 0.03
Style: Other
Year Built: 1880
County: Montgomery
School District: Norristown Area

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Property Description

Welcome to 610 Green St! Two-unit investment property for sale in Norristown! Positive cash flow with long-term tenants in place. Both units are leased through 2027, so you can buy it and collect rent from day one. Check the numbers below for investor details! The 1BR unit is spacious, with a lease running through 8/27. The 2BR unit is also generous, with a lease running through 1/27. Each unit has its own heat and hot water. The trash is covered by the property taxes, which keeps owner expenses low and predictable. The property is in Norristown, close to shopping, dining, and major highways. This is a straightforward, low-maintenance addition to any rental portfolio. Annual rents are currently $26,988 ($2,249 per month). Also, here are the detailed expenses: $1,631 Real Estate taxes (trash included), $1,800 Insurance

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Additional Information

Area: Norristown Boro (10613)
Subdivision: Norristown
School District: Norristown Area
Elementary School: Paul V Fly
Middle School: East Norriton
High School: Norristown Area
Flooring: Carpet, Wood, Tile
Heating: Central
Cooling: Central Air
Roof: Shingle
Water: Public
Sewer: Public Sewer
Basement: Full