NOT LISTED FOR SALE

1032 W Main St Norristown, PA 19401

-- Bed
-- Bath
2,500 Sq Ft
3,700 Sq Ft Lot

Last Sold October 30, 2020

Last sale price $240,000 $96 Per Sq Ft

Highlights

  • Wood Flooring
  • En-Suite Primary Bedroom
  • 3-minute walk to Guardino Park
  • No HOA
  • Hot Water Heating System

About This Home

As of October 2020

This building is in a great location. All units occupied most are long term tenants. Placed well in the west end the front unit has the potential to be an office or possibly a storefront. The owner has separated the utilities and installed gas heaters for each unit. The square footage and location makes this building worth consideration for an investor. Current rents: #1 500 #2 studio 575 #3 1 Br 725 #4 2 BR 850 #5 850. Yearly income is $41,000. NOI at30,000 Cap rate @ 10

Last Agent to Sell the Property

Jasper DiSanto

(610) 721-8916 harvardrealty@aol.com Coldwell Banker Realty License #AB062573L Listed on: 06/25/2018

Coldwell Banker Realty

Co-Listed By

Carolyn Prante

(610) 476-1713 cprante@cbpref.com Coldwell Banker Realty License #AB066347

Last Buyer's Agent

Khalid Munir

(215) 971-6138 naumankc@gmail.com New Precision Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 3,700 Sq Ft Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • En-Suite Primary Bedroom
  • 2,500 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Wall to Wall Carpet

Schools

  • Hancock Elementary School
  • Eisenhower Middle School
  • Norristown High School

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 033
  • Assessor Parcel Number 13-00-22792-001

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Insurance Expense $1,400
  • Operating Expense $6,412

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1912
  • Automatically Close On Close Date: No
  • Remarks Public: This building is in a great location. All units occupied most are long term tenants. Placed well in the west end the front unit has the potential to be an office or possibly a storefront. The owner has separated the utilities and installed gas heaters for each unit. The square footage and location makes this building worth consideration for an investor. Current rents: #1 500 #2 studio 575 #3 1 Br 725 #4 2 BR 850 #5 850. Yearly income is $41,000. NOI at30,000 Cap rate @ 10
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Wood, Fully Carpeted
  • Fireplace: No
  • Room List: Primary Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2500
  • Living Area Sq Ft: 2500
  • Price Per Sq Ft: 110.00
  • Above Grade Finished Sq Ft: 2500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1032

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: NORRISTOWN AREA
  • Elementary School: HANCOCK
  • Middle School: EISENHOWER
  • High School: NORRISTOWN
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397035
  • Elementary School: HANCOCK
  • High School: NORRISTOWN
  • Middle Or Junior School: EISENHOWER

Lot Info

  • Land Use Code: 1140
  • Lot Size Acres: 0.08
  • Lot Dimensions: 32
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3700.00
  • Property Condition: Good
  • Zoning: RO

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3
  • Single Room Units Count: 2

Tax Info

  • Assessor Parcel Number: 618703
  • Tax Annual Amount: 6534.00
  • Assessor Parcel Number: 13-00-22792-001
  • Tax Lot: 033
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 10/30/2020

MLS Schools

  • School District Name: NORRISTOWN AREA

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2020 10/30/20 Sold $240,000 -12.7% $96 / Sq Ft
08/01/2020 08/01/20 Pending -- -- --
07/05/2020 07/05/20 For Sale $275,000 +14.6% $110 / Sq Ft
01/14/2020 01/14/20 Off Market $240,000 -- --
12/26/2019 12/26/19 For Sale $275,000 +14.6% $110 / Sq Ft
11/18/2019 11/18/19 Off Market $240,000 -- --
06/25/2018 06/25/18 For Sale $275,000 -- $110 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jasper DiSanto

    Coldwell Banker Realty

    (610) 721-8916

    8 in this area

    20 Total Sales

    Jasper DiSanto
    Section Image
  • Carolyn Prante

    Seller Co-Listing Agent in 2020

    Carolyn Prante

    Coldwell Banker Realty

    (610) 476-1713

    26 in this area

    69 Total Sales

    Carolyn Prante
    Section Image

  • K

    Buyer's Agent in 2020

    Khalid Munir

    New Precision Realty

    (215) 971-6138

    7 in this area

    15 Total Sales

    Khalid Munir
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1001929386

Bright MLS

APN: 13-00-22792-001

Pennsylvania Montgomery County Norristown 19401

1032 W Main St, Norristown, PA

This home is located at 1032 W Main St, Norristown, PA 19401 since 25 June 2018. This property was built in 1912. 1032 W Main St is a home located in Montgomery County with nearby schools including Charles Blockson Middle School, Whitehall Elementary School, and East Norriton Middle School.

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