412 W Marshall Street, Norristown, Pennsylvania 19401
Listing IDPAMC2048600
Price$4,999,000
StatusACTIVE UNDER CONTRACT
Acres
0.140
CountyMontgomery
Year Built1910
Property TypeBusiness Opportunity
Property Sub TypeMixed Use
$562,000.00/ Year Income! Huge $$$ upside Potential! TURN-KEY, Great CAP Real Estate Portfolio comprising 14 parcels boosting 41 Units. Consisting of 9 Commercial units that have long term Tenants with operations including Restaurants, Various Retail Businesses and Specialty shops.
The Residential side of the Portfolio offers a unique breakdown as follows : 2 Four Bedroom Units, 8 Three Bedroom Units, 13 Two Bedroom Units, 7 One Bedroom Units and 2 Garages.
This operation is run by a business which include equipment, maintenance supplies, vehicles, a complete security system and a highly trained long term staff dedicated solely to the day to day property management operating with state of the art software in place and Workshop located centrally to the entire Portfolio. Buildings and Maintenance shops are conveniently located next to each other.
Management software with the database for all properties. High end camera system up and down W Marshall St, all remotely accessible from anywhere in the world!
Highly trained and knowledgeable staff. Great Community relations. The Branding of DMS Properties (25 years), signage and great visibility in the heart of Downtown Norristown on W Marshall St. All properties located within a 1 mile radius. Scalable systems that can be used for upward mobility. Buyer responsible for U&O applications and requirements.
County
Montgomery
Property Sub Type
Mixed Use
Property Type
Business Opportunity
Year Built
1910
Building Total SqFt Source
Assessor
Central Air
no
Heating Type
Central
Car Parking Spaces
6
Construction Materials
Brick
Heating Fuel
Natural Gas
Hot Water
Natural Gas
Lot Dimensions Source
Assessor
Lot Size Dimensions
43.00 x 0.00
Lot Size Source
Assessor
Lot Size Units
Square Feet
Lot SqFt
6027
New Construction
no
Sewer Septic
Public Sewer
Total Garage and Parking Spaces
6
Type of Parking
Parking Lot
Water Access
no
Water Oriented
no
Water Source
Public
Water View
no
Area
Norristown Boro (10613)
Country
US
Municipality
NORRISTOWN BORO
Waterfront
no
Zoning
RES, MIXED USE COMMERCIAL
Accessibility Features
None
Business Type
Apartment Building, Other/General Retail
Current Use
Apartments, Commercial, Residential, Restaurant, Retail
Days on Market
152
Kick-Out Clause
no
Land Use Code
4200
Potential Tenancy
Multiple
Year Assessed
2023
Year Built Source
Assessor
Automatically Update Tax Values
yes
Possession
Settlement
Riparian Rights
no
Sale Type
Standard
Tax Annual Amount
11092
Tax Assessed Value
186380
Tax Data Updated
yes
Tax Lot
71
Vacation Rental
no
Contact - Listing ID PAMC2048600
Brett Furman
528 East Lancaster Avenue
St. Davids, PA 19087
Phone: 610-687-6060
Phone Alt: 610-687-6060
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