$385,000
UNDER CONTRACT

664 Chain St Norristown, PA 19401

Estimated payment $2,469/month

Total Views 2,034
-- Bed
-- Bath
2,568 Sq Ft
$150 Price per Sq Ft

Highlights

  • Back and Side Yard
  • Hot Water Heating System
  • Level Lot
  • Forced Air Heating System

About This Home

Spacious multi-family property featuring 7 bedrooms and 3 full baths across 2,768 sq ft. Built in 1900, this brick home offers a flexible 2–4 unit layout ideal for investors or owner-occupants. Features include modern appliances, gas forced-air heating, and strong rental income potential and currently rented for 3900 per month ($2100 per month upstairs and $1800 for downstairs) Conveniently located in Norristown with easy access to transit, schools, and amenities. Great opportunity for cash flow or portfolio growth.

Listing Agent

Enjamuri Swamy

Realty Mark Cityscape-Huntingdon Valley License #1860599 Listed on: 06/24/2025

Realty Mark Cityscape-Huntingdon Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,337

Year Built

  • Built in 1900

Lot Details

  • 3,600 Sq Ft Lot
  • Lot Dimensions are 36.00 x 0.00
  • Level Lot
  • Back and Side Yard

Home Design

  • Duplex
  • Flat Roof Shape
  • Stone Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,568 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Hot Water Heating System
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 002
  • Assessor Parcel Number 13-00-07020-005

Community Details

Overview

  • 2 Units

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,200
  • Operating Expense $6,500
  • Gross Income $46,800
  • Net Operating Income $40,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,337

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Exclusions: Washer, Dryer & All Window A/C Units
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: Yes
  • Remarks Public: Spacious multi-family property featuring 7 bedrooms and 3 full baths across 2,768 sq ft. Built in 1900, this brick home offers a flexible 2–4 unit layout ideal for investors or owner-occupants. Features include modern appliances, gas forced-air heating, and strong rental income potential and currently rented for 3900 per month ($2100 per month upstairs and $1800 for downstairs) Conveniently located in Norristown with easy access to transit, schools, and amenities. Great opportunity for cash flow or portfolio growth.
  • Special Features: UnderContract

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 2568
  • Living Area Sq Ft: 2568
  • Price Per Sq Ft: 149.92
  • Above Grade Finished Sq Ft: 2568
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 664

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water, Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: NORRISTOWN AREA
  • School District Key: 300200397035
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: 1132
  • Lot Features: Level, Rear Yard, Sideyard(s)
  • Lot Size Acres: 0.08
  • Lot Dimensions: 36.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3600.00
  • Year Assessed: 2025
  • Zoning: R2

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Number Of Units Month To Month: 2
  • Owner Pays: Sewer, Taxes - Real Estate, Sewer Maintenance, Trash Collection
  • Rent Control: No
  • Total Actual Rent: 46800.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 2694.00
  • Tax Annual Amount: 4337.00
  • Assessor Parcel Number: 13-00-07020-005
  • Tax Lot: 002
  • Tax Total Finished Sq Ft: 2568
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Gross Income: 46800.00
  • Gross Scheduled Income: 46800.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 6500.00
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: NORRISTOWN AREA

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,220 $68,740 $17,390 $51,350
2023 $4,182 $68,740 $17,390 $51,350
2022 $4,091 $68,740 $17,390 $51,350
2021 $4,071 $68,740 $17,390 $51,350
2020 $3,884 $68,740 $17,390 $51,350
2019 $3,813 $68,740 $17,390 $51,350
2018 $2,538 $68,740 $17,390 $51,350
2017 $3,501 $68,740 $17,390 $51,350
2016 $3,475 $68,740 $17,390 $51,350
2015 $3,329 $68,740 $17,390 $51,350
2014 $3,329 $68,740 $17,390 $51,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 For Sale $385,000 -- $150 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $91,000 None Available
Deed $129,500 Germantown Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $90,000 New Conventional
Previous Owner $116,550 No Value Available
Source: Public Records

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Source: Bright MLS

MLS Number: PAMC2145552

Bright MLS

APN: 13-00-07020-005