NOT LISTED FOR SALE

516 E Main St Norristown, PA 19401

-- Bed
3 Baths
2,006 Sq Ft
2,498 Sq Ft Lot

Last Sold May 24, 2013

Last sale price $100,000 $50 Per Sq Ft

112 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Wall to Wall Carpet

About This Home

As of May 2013

Location, separate utilities. Don't let the front building fool you, this is a 2 building triplex with off street parking for third separate house. Front building houses the two 2 BR apartments and the rear building is a stand alone 3 BR, 1.5 BA single home. Centrally located for shopping & transportation. Newer roof on main building in 2007. Great cash flow to rent all or live in one and have other 2 units pay your mortgage. Currently unit 1 is being rented below market rent to a friend, previously rented from $850 to $900 per month.

Last Agent to Sell the Property

NEIL HAVERLY

neil@everyhomeinpa.com Equity Pennsylvania Real Estate Listed on: 01/09/2013

Co-Listed By

Kathleen Haverly

(215) 896-2795 kathyhaverly@gmail.com Equity Pennsylvania Real Estate

Last Buyer's Agent

Mark Reale

(610) 308-9500 markreale44@gmail.com NextHome Signature License #RM423246

NextHome Signature

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 2,498 Sq Ft Lot
  • Property is in good condition

Home Design

  • 2,006 Sq Ft Home
  • Triplex
  • Flat Roof Shape
  • Stone Foundation
  • Pitched Roof
  • Shingle Roof
  • Stucco

Flooring

  • Wall to Wall Carpet
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Driveway
  • On-Street Parking

Schools

  • Norristown Area High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 065
  • Assessor Parcel Number 13-00-21540-002

Community Details

Overview

  • No Home Owners Association

Building Details

  • Insurance Expense $1,200
  • Operating Expense $7,533

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Special Features: 12

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl
  • Fireplace: No
  • Foundation Details: Stone
  • Room List: Master Bedroom
  • Basement: Yes
  • Basement Type: Full, Unfinished, Outside Entrance
  • Laundry Type: Has Laundry
  • Total Sq Ft: 2006
  • Living Area Sq Ft: 2006
  • Price Per Sq Ft: 57.33
  • Above Grade Finished Sq Ft: 2006
  • Above Grade Finished Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Garage: No
  • Open Parking Spaces Count: 3
  • Parking Features: Street
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: On Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Wall Unit
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas, Radiator, Baseboard
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 3000.00
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • High School: NORRISTOWN AREA

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2498.00
  • Property Condition: Good
  • Zoning: R2

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 32640.00
  • Other Units: Unit 1,Unit 2,Unit 3

Tax Info

  • Assessor Parcel Number: 618391
  • Tax Annual Amount: 3333.00
  • Assessor Parcel Number: 13-00-21540-002
  • Tax Lot: 065
  • Tax Year: 2012

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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
05/24/2013 05/24/13 Sold $100,000 -13.0% $50 / Sq Ft
05/01/2013 05/01/13 Pending -- -- --
01/09/2013 01/09/13 For Sale $115,000 -- $57 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2013

    NEIL HAVERLY

    Equity Pennsylvania Real Estate

  • K

    Seller Co-Listing Agent in 2013

    Kathleen Haverly

    Equity Pennsylvania Real Estate

    Section Image
  • Mark Reale

    Buyer's Agent in 2013

    Mark Reale

    NextHome Signature

    (610) 308-9500

    66 Total Sales

    Mark Reale
    Section Image
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Map

Source: Bright MLS

MLS Number: 1003450480

Bright MLS

APN: 13-00-21540-002

Pennsylvania Montgomery County Norristown 19401

516 E Main St, Norristown, PA

Not Listed for Sale

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