SQUARE FEET2,974
MLS#PAMC2176132
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SCHOOLNORRISTOWN AREA
Property Description
Investor Alert! Exceptional opportunity to own a well-maintained 3-unit income-producing property offering strong cash flow and long-term appreciation potential. This multi-family asset features three separate units, making it ideal for both seasoned investors and those looking to start or expand their portfolio. Each unit offers comfortable, functional living spaces that appeal to today’s rental market, supporting consistent occupancy and reliable income. Investment Highlights: -Three units providing multiple income streams -Strong rental demand in the area -Ideal for an investor or owner-occupant looking to offset a mortgage with rental income. Conveniently located near shopping, dining, and major commuter routes. Buyer is responsible for U&O. Owner will guide the buyer through the current tenant onboarding and transition process to ensure a seamless transfer of ownership.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: None
Fuel Type: Electric
Heating: Baseboard - Electric
Home Style: Colonial
Lot Size: 0.16 Acres
Taxes: $6,255
Year Built: 1889
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Appliances: Oven/Range - Electric
Exterior: Street Lights
Exterior: Brick
Interior: Bathroom - Tub Shower, Breakfast Area, Combination Kitchen/Living, Flat, Floor Plan - Open, Kitchen - Galley, Pantry
Lot Dimensions: 0.16 Acre(S)
Municipality: NORRISTOWN BORO
Number of Rooms: 6
One Bedroom Units: 1
Sewer: Public Sewer
Structure Type: Twin/Semi-Detached
Three Bedroom Units: 1
Two Bedroom Units: 1
Units: 3
Utilities: Cable TV Available, Electric Available, Phone Available
Water: Public
Local Schools
School District: NORRISTOWN AREA
Listed By / Shown By
Listed By
Agency Name: BHHS Fox & Roach-Blue Bell
Agency Phone: 2155422200
Shown By
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Agency Phone: +18003833535
First AmericanEstimate Your Payment
Estimated Payment
$ 1,903.21 per month $1,221.84 Principal & Interest $521.25 Property Tax $160.13 Homeowner's Insurance
1020 W Main Street | MLS# PAMC2176132
This multi-family property located at 1020 W Main Street, Norristown, PA 19401 is currently listed for sale with an asking price of $549,000. W Main Street is located within the NORRISTOWN AREA school district. Search Norristown real estate on www.homesale.com today.