412 W Marshall Street, Norristown, Pennsylvania 19401
Listing IDPAMC2049272
Price$4,999,000
StatusACTIVE UNDER CONTRACT
SqFt
1
Acres
0.140
CountyMontgomery
Year Built1910
Property TypeMulti Family
Property Sub TypeOther
$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
Price/SqFt
4999000
Property Sub Type
Other
Property Type
Multi Family
Year Built
1910
Zoning
RES, MIXED USE COMMERCIAL
Central Air
no
Cooling Type
None
Heating
yes
Heating Type
Central
Living Area SqFt Source
Estimated
Total SqFt
1
Total SqFt Source
Estimated
Architectural Style
Other
Building Units Total
1
Construction Materials
Brick
Cooling Fuel
None
Garage
no
Heating Fuel
Natural Gas
Hot Water
Natural Gas
Lot Dimensions Source
Estimated
Lot Size Dimensions
43.00 x 0.00
Lot Size Source
Estimated
Lot Size Units
Square Feet
New Construction
no
Other Structures
Above Grade
Pool
No Pool
Sewer Septic
Public Sewer
Tidal Water
no
Type of Parking
Parking Lot
Water Access
no
Water Oriented
no
Water Source
Public
Water View
no
Country
US
MLS Area
Norristown Boro (10613)
Municipality
NORRISTOWN BORO
School District Name
NORRISTOWN AREA
School District Source
Listing Agent
Waterfront
no
Accessibility Features
None
Days on Market
152
Kick-Out Clause
no
Land Use Code
4200
Property Sub Type
Other
Year Assessed
2022
Year Built Source
Estimated
Automatically Update Tax Values
no
Ownership Interest
Fee Simple
Possession
Settlement
Rent Control
no
Riparian Rights
no
Sale Type
Standard
Tax Annual Amount
11092
Tax Assessed Value
186380
Tax Lot
71
Tax Year
2021
Vacation Rental
no
Contact - Listing ID PAMC2049272
Brett Furman
528 East Lancaster Avenue
St. Davids, PA 19087
Phone: 610-687-6060
Phone Alt: 610-687-6060
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