815 Tremont Ave, Norristown, PA 19401

Property Description

Rare investment opportunity featuring 2 homes, 3 units on one parcel with strong upside potential and separate utilities throughout. This unique property includes a detached single-family home plus a duplex, offering flexibility for investors, owner-occupants, or multi-generational living. Current rents are below market with projected annual rental income potential of approximately $48,000–$54,000. The detached home features a 1-bedroom, 1-bathroom layout with an eat-in kitchen, access to the basement, storage/office space, covered patio, fenced yard access, and driveway parking. Tenant pays gas and electric. The duplex offers two 1-bedroom, 1-bathroom units. The first-floor unit includes basement access, a large eat-in kitchen, storage/office space, abundant closet storage, and a covered front porch. Tenant pays gas and electric. The second-floor unit features a covered deck. Tenant pays gas and electric. Additional highlights include separate gas and electric, driveway parking, and a fenced-in yard. Conveniently located in a desirable neighborhood close to shopping, dining, public transportation, and local amenities. Whether you’re looking to expand your portfolio or live in one unit while generating rental income from the others, this property offers exceptional value and long-term potential.