BEDS0
BATHS
SQUARE FEET2,423
MLS#PAMC2189562
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SCHOOLNORRISTOWN AREA
Property Description
****Exceptional Investment Opportunity – Fully Updated Triplex in Norristown**** Welcome to 709 George Street, a recently updated triplex twin offering immediate rental income and outstanding long-term investment potential. Whether you're an experienced investor looking to expand your portfolio or searching for a multi-unit property with owner-occupancy possibilities, this turnkey property checks all the boxes. Two of the three units are currently occupied, providing instant cash flow. Unit 1 features 2 bedrooms and 1 full bath and is rented for $1,300 per month. Unit 2 offers 1 bedroom and 1 full bath and is currently vacant, allowing the new owner the flexibility to occupy the unit or lease it at market rent. The previous tenant paid $1,100 per month. Unit 3 includes 2 bedrooms and 1 full bath and is currently rented for $1,300 per month. The property has been recently updated throughout and has a proven history of reliable tenancy under the current ownership. A significant benefit is that all utilities are separately metered, including a dedicated owner utility service, making property management more efficient and keeping operating expenses straightforward. Additional features include rear parking, an attached storage shed, and ample street parking. Conveniently located near shopping, restaurants, public transportation, and major commuter routes, this property also enjoys a highly walkable location, making it attractive to current and future tenants. With strong rental history, recent improvements, separated utilities, and one vacant unit ready for immediate occupancy or additional rental income, 709 George Street is a rare opportunity to own a solid, income-producing property in the heart of Norristown.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: None
Fuel Type: Natural Gas
Heating: Baseboard - Electric
Home Style: Traditional
Lot Size: 0.12 Acres
Roof Type: Shingle
Taxes: $1,927
Year Built: 1890
Feature Descriptions
Additional Structures: Above Grade
Appliances: Oven/Range - Electric, Refrigerator, Water Heater
Days on Site: 5
Electric: 100 Amp Service
Exterior: Brick
Exterior: Sidewalks, Street Lights
Flooring: Wood, Carpet, Laminated
Interior: Floor Plan - Traditional, Kitchenette, Recessed Lighting
Lot Dimensions: 0.12 Acre(S)
Municipality: NORRISTOWN BORO
Number of Rooms: 8
One Bedroom Units: 1
Parking Notes: Paved Driveway
Sewer: Public Sewer
Structure Type: Twin/Semi-Detached
Total Garage/Parking Spaces: 3
Two Bedroom Units: 2
Units: 3
Water: Public
Local Schools
High School: NORRISTOWN AREA
School District: NORRISTOWN AREA
Listed By / Shown By
Listed By
Agency Name: Homestarr Realty
Agency Phone: 2153555565
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 1,167.22 per month $890.00 Principal & Interest $160.58 Property Tax $116.64 Homeowner's InsuranceChange Payment Information
709 George Street | MLS# PAMC2189562
This multi-family property located at 709 George Street , Norristown, PA 19401 is currently listed for sale with an asking price of $399,900. George Street is located within the NORRISTOWN AREA school district. Search Norristown real estate on www.realtymarkllc.com today.