706 Chain St Norristown, PA 19401
Norristown AreaEstimated payment $2,271/month
About This Home
Welcome to this three-unit property that offers immediate income potential and long-term financial growth. Whether you're an investor looking to maximize cash flow or a savvy buyer ready to live in one unit while the other two help pay your mortgage, this property delivers exceptional flexibility and value. Imagine collecting rental income every month while building equity in a property that works for you. Owner-occupants can dramatically reduce their monthly housing expenses by renting the remaining units, while investors have the opportunity to lease all three units and generate multiple streams of rental income from day one. Location is another major advantage. Situated in a convenient Norristown neighborhood, the property offers quick access to US-202, I-476, and the Pennsylvania Turnpike, making commuting throughout Montgomery County and the greater Philadelphia area simple. Residents will also enjoy being just minutes from SEPTA transportation, shopping centers, restaurants, parks, schools, and everyday essentials—features that continue to attract quality tenants and support strong rental demand. Whether you're looking to grow your real estate portfolio, create passive income, or make your first investment with the added benefit of owner occupancy, 706 Chain Street is the kind of opportunity that doesn't come along often.
Listing Agent
(610) 373-9900 pierre@thepierreregroup.com Coldwell Banker Realty Brokerage Phone: 6103739900 License #0225264399 Listed on: 07/13/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,453
Year Built
- Built in 1900
Lot Details
- 1,800 Sq Ft Lot
- Lot Dimensions are 18.00 x 0.00
Parking
- On-Street Parking
Home Design
- Triplex
- Flat Roof Shape
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 2,458 Sq Ft Home
- Basement Fills Entire Space Under The House
Flooring
- Wall to Wall Carpet
- Luxury Vinyl Plank Tile
Schools
- Whitehall Elementary School
- Eisenhower Middle School
- Norristown Area High School
Utilities
- Central Heating
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- 3 Units
- Norristown Subdivision
Listing and Financial Details
- Tax Lot 076
- Assessor Parcel Number 13-00-07032-002
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $4,402 | $69,000 | ||
| 2025 | $4,235 | $69,000 | ||
| 2024 | $4,235 | $69,000 | ||
| 2023 | $4,197 | $69,000 | $0 | $0 |
| 2022 | $4,107 | $69,000 | $0 | $0 |
| 2021 | $4,087 | $69,000 | $0 | $0 |
| 2020 | $3,899 | $69,000 | $0 | $0 |
| 2019 | $3,827 | $69,000 | $0 | $0 |
| 2018 | $2,547 | $69,000 | $0 | $0 |
| 2017 | $3,515 | $69,000 | $0 | $0 |
| 2016 | $3,488 | $69,000 | $0 | $0 |
| 2015 | $3,340 | $69,000 | $0 | $0 |
| 2014 | $3,340 | $82,430 | $16,850 | $65,580 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/16/2026 07/16/26 | Pending | -- | -- | -- | |
| 07/13/2026 07/13/26 | For Sale | $345,000 | 0.0% | $140 / Sq Ft | |
| 04/15/2024 04/15/24 | Rented | $1,585 | 0.0% | -- | |
| 03/25/2024 03/25/24 | Price Changed | $1,585 | -0.9% | $1 / Sq Ft | |
| 02/20/2024 02/20/24 | Price Changed | $1,600 | -3.0% | $1 / Sq Ft | |
| 12/31/2023 12/31/23 | For Rent | $1,650 | 0.0% | -- | |
| 07/26/2023 07/26/23 | Sold | $308,000 | -10.7% | $125 / Sq Ft | View Prior Sale |
| 06/09/2023 06/09/23 | For Sale | $345,000 | -- | $140 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $308,000 | None Listed On Document | |
| Deed | $60,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | $31,101 | -- | |
| Deed | -- | -- | |
| Deed | $1,390 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $231,000 | New Conventional |
Source: Bright MLS
MLS Number: PAMC2187328
APN: 13-00-07032-002
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