234 W MAIN STREET Norristown, PA $ 190,000
234 W MAIN STREET
$ 190,000

234 W MAIN STREET Norristown, PA, 19401

$ 190,000
Bedrooms Baths-- Sq 2,098

Monthly Estimate*

$ 737

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Commercial Property for sale in Norristown, PA

for $190,000. This 2,098 square foot building was built in 1900 on a lot size of 0.03 Acre(s).

Mixed-use property containing 2, 098 square feet in a detached, masonry brick, part one, part two and part three-story building; site improvements includes concrete curb and sidewalk. Fully occupied with third-party tenants: retail store front at the first floor-front; and bi-level, three-bedroom apartment on second and third floors The first floor has a commercial unit accessed along the front elevation and also a rear door from the adjacent parking lot. The commercial unit is mostly a large, open store area but has a back room and powder room. There is a separate rear door leading to the stairway to the upper floor apartment. The basement is accessed via bulk-head door in the front sidewalk and interior stairway. The unfinished basement has utilities. The upper floor apartment has three bedrooms, a living room, kitchen, and bathroom. Property located in downtown area of Norristown, blocks from Montgomery County Courthouse and Transportation Center Hub. Property is zoned TC- Town Center. The commercial unit contains a service business with lease that expires in March 2020. The upper floor apartment has a tenant with term left until September 2019. All meters are separated. Good income producing property. Current Rental income totals - $1, 800 per month.

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Commercial Active

Price

$ 190,000

Property Type

Commercial

Taxes

$ 3,078

Style

Other / Unknown

Lot Size

0.03 Acre(s)

Year Built

1900

Town/City

Norristown

County/Region

Montgomery

MLS | Web ID

PAMC103760

Features
Room Sizes
Master Bedroom
Interior
Heating Source Electric
Heating System Hot Water Heater: Electric
Sewer Public Sewer
Water Source Public Water
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Exterior
Construction Brick
Lot Description Level/Flat
Road Frontage Boro/Township
Roof Flat Roof
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Miscellaneous
Location Downtown Near Highway
Maintenance Fee Includes Trash/Garbage Pickup Water
Public Transportation Location Nearby
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Rental
Landlord Pays Sewer
Lease Terms Month to Month
Rent Includes Taxes
Tenant Pays Electric Heating
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* Excluded Features
List By

Listing Agent

Coldwell Banker Preferred-Blue Bell

Broker


Affordability

$ 993 per month
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Monthly Principal & Interest
$737
Monthly Property Taxes
$257
Monthly Home Insurance
--

Default based on a 30-year fixed rate of 4.125% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby
NORRISTOWN AREA School District
Pricing History
DatePricePrice ChangeDescription
11/21/2018$190,000 -7.32 % Price Down
11/7/2018$205,000 Listed Price

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234 W MAIN STREET, Norristown, PA, 19401 is a Commercial Property for sale at $190,000 with 2,098 sqft and a lot size of 0.03 Acre(s). 234 W MAIN STREET was built in 1900. The property's zip code is 19401 which is in Norristown, PA