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535 E LAFAYETTE ST Norristown, PA 19401
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Key Details
Sold Price $261,225
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,456 sqft
Price per Sqft $179
MLS Listing ID PAMC2102000
Sold Date 08/05/24
Style Colonial
Abv Grd Liv Area 1,456
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $2,157
Tax Year 2024
Lot Size 1,516 Sqft
Acres 0.03
Lot Dimensions 22.00 x 0.00
Property Description
Fantastic investor opportunity. "Turn Key" Duplex fully leased with newer 1 year leases on both units. Monthly generated income:
1st Floor unit: 2 BRs , 1 bath - $1425.00 per month + $25 water fee.
2nd Floor unit: 1 Br, 1 bath - $1125.00 per mont + $25 water fee.
Tenants pay all utilities separately metered except water.
Buyer responsible for expenses and for acquiring U & O.
NO SHOWINGS UNTIL AFTER MAY 1st 2024
Location
State PA
County Montgomery
Area Norristown Boro (10613)
Zoning 1132 RES: DUPLEX
Rooms
Basement Partial
Interior
Hot Water Electric
Heating Radiator
Cooling Window Unit(s)
Fireplace N
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Norristown Area
Others
Tax ID 13-00-19304-024
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with sAAJAN Patel • KW Empower