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11 Multi Family Homes For Sale in Norristown, PA

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Est. Payment$399,000
-- Beds | -- Baths | -- Sqft

66 E 4th St, Bridgeport, PA 19405

Multi Family For Sale

Fantastic investment opportunity in Bridgeport! Perfectly located corner property with three well maintained rental units and a beautifully updated commercial space on the ground floor. The commercial space also includes 500 square feet of storage in the basement. The larger of the three units consist of two bedroom and two baths. The second unit has two bedrooms and one bath and the third is a one bed one bath. Plenty of off street parking and conveniently located near King of Prussia and the Main Line with direct access to the major highways and Center City.

Est. Payment$208,900
-- Beds | -- Baths | 2,176 Sqft

905 W Marshall St, Norristown, PA 19401

Multi Family For Sale

Excellent Investment opportunity in Norristown Borough. This property is in EXCELLENT CONDITION and is in need of no repairs. Incredible location for tenant acquisition! Home is walking distance to shops, restaurants, schools, churches and all public transportation. Great opportunity for a first time home buyer who is financially savvy ... this home lends itself to living in one unit and renting the other having all the mortgage cost covered by the rental income! Contains a Two Bedroom/One Bath Unit (second bedroom could make a great in home office area), and a Three Bedroom/ One Bath Unit. Currently the first floor Two Bedroom Unit is rented on a one year lease, The Three Bedroom on levels 2 & 3 is currently vacant. Both Units have just been renovated and are ready to go. Utilities are separated (Both Electric and Gas). Landlord pays Water/Sewer and Trash for the building. One Car garage is a third rental opportunity. Garage is currently vacant but rents for between $150-$200 per month. No Thursday or Sunday showings

Est. Payment$210,000
-- Beds | -- Baths | 2,020 Sqft

625 Hamilton St, Norristown, PA 19401

Multi Family For Sale

Looking for an awesome investment in a desirable area of Norristown? Come see this wonderfully maintained duplex on a great lot on a quiet street. New carpet, paint, and closet doors throughout both units. 1st floor unit has 2 good sized bedrooms, and a galley kitchen with gas cooking. This unit is vacant and awaiting a new tenant and has been left vacant for ease of showings...or, a new owner who wants to move in! The first floor unit could easily bring in $1100-1200/mo.The 2nd floor unit (rented at $1050/mo) is almost identical to the 1st floor with the exception of an additional large hallway closet and more open concept kitchen with all brand new appliances (2019). Both units have nice sized closets and forced air heat!The units are equipped with an electric entry bell system to "buzz" in their guests. All utilities runs separately with the exception of water/sewer, one bill for the building. The basement is divided into 2 sides, 1st and 2nd unit, and each run on the specified unit's utility bill. Washer and dryer hookups on each side. New water heaters installed in 2019. Walking distance to the state farm park and public transportation with train close by. Both units show well.

Est. Payment$169,900
-- Beds | -- Baths | -- Sqft

401 Walnut St, Norristown, PA 19401

Multi Family For Sale

Attention ~ Office Seekers or Contractors!This is a 3 unit property featuring an office space, 2 bedroom apartment with loft and a large garage. The office space is approx. 700 square feet. It features a new powder room, upgraded lighting, an area with new ceramic tile floor and a second area with new wall to wall carpet. All new electric and a large window for natural light and signage. This high visibility corner location also has an existing exterior sign bracket. The duct work is installed for central air conditioning but there is no AC unit installed. A private side entrance leads to a large 2 bedroom apartment which has been renovated and features a remodeled kitchen with a ceramic tile floor and back splash, microwave, electric stove and walk in pantry. There is a formal dining room and a large living room, both with new wall to wall carpet. There is also a full ceramic bathroom complete with a tub and shower. Upstairs are 2 bedrooms with new wall to wall carpet. A set of stairs lead up to a 15' x 20' loft on the top floor. The third unit is a Street level garage with electric and a powder room with a shower. This 15' x 25' garage has high ceilings and is perfect for a contractor or landscaper. There are separate electric meters and each unit has 100 amp service and a breaker box.

Est. Payment$129,900
-- Beds | -- Baths | 1,920 Sqft

513 W Elm St, Norristown, PA 19401

Multi Family For Sale

This Brick twin home is located in Norristown~s West Side and has a rear 2 bedroom cottage for income~ Maybe enough to pay the mortgage.Almost everything in both the house and cottage has been redone.The main house has 5 bedrooms with 3 floors. There is a large living, formal dining room and a large eat in kitchen with a new ceramic tile floor. The kitchen also has new cabinets and new Stainless Steel appliances. The second floor has 3 large bedrooms and a new tile bath. 2 large bedrooms complete the third floor. There is brand new carpet and vinyl replacement windows throughout. The home also has a new gas heater and new hot water heater. The rear door opens onto a covered patio. There is a full basement with sump pump.The rear cottage features 2 bedrooms, living room with new wall to wall carpet, Kitchen with new oak cabinets and ceramic tile floor and a full bath with new ceramic tile floor, new tub and shower. There is a dramatic spiral stairs to the second level. There is an exterior stairway that leads to a small deck that enters into the kitchen. There is new electric service, new electric baseboard heat, new gas hot water, newer vinyl windows. 513 W. Elm is currently licensed as a 2 unit rental property. The first phase of the Norrristown Borough Use and Occupancy Permit confirming the use as 2 units has been paid for and completed. The buyer will be responsible for obtaining and satisfying the 2nd phase of the Norristown Borough Use & Occupancy permit.

Est. Payment$485,000
-- Beds | -- Baths | -- Sqft

312 Burnside Ave, Norristown, PA 19403

Multi Family For Sale

A long lane leads to this C 1772 Farmhouse with two additional income producing units on the property. This charming home tucked on private 5.262 acres ( on the deed ) overlooking a tranquil setting with woods and Creek. Ready for your Restoration. The main house features a large covered porch. The center hall adjoins a large living room with deep window sills, wood floors and a wood burning stove set in the original fireplace chimney, the other side of the center hall leads you to a spacious formal dining with a fireplace, wood floors and adjoins the country style kitchen and entry to the covered porch, a perfect place to relax and enjoy wildlife and the majestic setting. 2nd floor features 3 bedrooms, hall bath and storage room/walk in closet combination. 3rdfloors includes three additional bedrooms they would just need heating. Attached to the main house is a one bedroom with den and full bath rental. Also located on the property is the original milk house now converted to a one story cottage offering one bedroom, bath and is income producing . This cottage is approximately 660 sq ft and has a new roof. There are 3 septic systems on the property. This property is the property as an entirety but it will also being listed with as possible sub division with the house and lot being offer separately. The subdivision is not finalized. It is also listed under MLS PAMC611112

Est. Payment$119,900
-- Beds | -- Baths | 1,920 Sqft

511 W Elm St, Norristown, PA 19401

Multi Family For Sale

Investor Alert ~ Norristown Duplex with brick front with newer vinyl siding and off street parking for 3 cars. Unit #1 - One bedroom unit with hardwood floors, living room with faux fireplace with marble fireplace mantel, and an eat in kitchen with ceramic tile floors & gas range. Separate utilities including gas and electric. There is a newer gas heater and newer gas hot water heater. Covered back porch and yard. Currently rented at $750.00 per month, which is below market. Unit #2 Is a 2 story 3 Bedroom unit with carpeting and hardwood floors, living room, eat in kitchen with ceramic tile floors and gas range. Separate utilities including gas and electric. There is a newer gas heater and newer gas hot water heater. Currently rented at $875.00 per month, which is below market. 513 W. Elm is currently licensed as a 2 unit rental property. The first phase of the Norrristown Borough Use and Occupancy Permit confirming the use as 2 units has been paid for and completed. The buyer will be responsible for obtaining and satisfying the 2nd phase of the Norristown Borough Use & Occupancy permit.

Est. Payment$160,000
-- Beds | -- Baths | 1,946 Sqft

563 Buttonwood St, Norristown, PA 19401

Multi Family For Sale

Unit 1: First Floor Apartment: Front Porch, Living Room, Kitchen, Bedroom and BathUnit 2: Second and third floor: Enter from rear. Kitchen, bath, Living room and 3 bedrooms.

Est. Payment$179,990
-- Beds | -- Baths | 2,500 Sqft

1201 Arch St, Norristown, PA 19401

Multi Family For Sale

$30k in Projected Income 2 units + 3 garages Fully renovated High Cashflow - Offered for sale is an exceptionally maintained mixed-use apartment building located steps to Dekalb Street in Norristown Borough. 1201 Arch Street is an ideal addition to an investor's portfolio or serves as an excellent owner-occupant building. This turnkey opportunity offers ground floor retail/office space with a separately entranced oversized two-bedroom apartment. The building was gut renovated ~10 years ago and features separately metered utilities, updated electrical service, new windows, maintained roof, and newer exterior and sidewalks. In addition, both the storefront and apartment were fully renovated in the last 4 years, with the apartment upgrades completed as recent as December 2019. Three garages, separated into two additional leasable units, are included on the property, a valuable amenity and revenue stream in this neighborhood. The asset will be delivered vacant, allowing a buyer to quickly and seamlessly lease-up the units in this highly desirable rental market; or utilize the turnkey building for their personal residence or business.

Est. Payment$550,000
-- Beds | -- Baths | -- Sqft

832 Dekalb St, Norristown, PA 19401

Multi Family For Sale

Investment Opportunity! Income producing Property. Property consists of one Building with EIGHT (8) rental units most of which are currently occupied. First floor existing commercial office space can be renovated into an additional rental unit. Rare property with this many units in one location.

Est. Payment$135,000
-- Beds | -- Baths | 1,956 Sqft

352 E Marshall St, Norristown, PA 19401

Multi Family For Sale

Welcome to Your New Home Sweet Rental!! This duplex boasts well maintained heating systems, new appliances and newer floors. Both units have long term tenants. Come see today to find the value in your new investment!

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