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ALL 8 UNBITS ARE OCCUPIED , GOOD FOR INVESTMENT PROPERTY, MONTGOMERY COUNTY , HIGH CAP RATE INVESTMENT PROPERTY, MUST SEE !!! Annual gross rental income :$13,000 /month =$156,000.00 Annual Expenses: real estate tax :$13,000.00 , real estate insurance:$6,000.00 , Trash fee:$5.616.00 , Sewerage :$2,832.00 so Annual Expenses total :$27,448.00 Annual Net rental income;$156,000.00-$27,448.00 =$128,552.00 Pre-approval letter, and/or proof of funds required for showings, serious inquiries only It is the responsibility of buyer and buyer's agent to confirm square footage estimates and annual tax amounts. 536-540 E Main 8 Units, 536 Unit 1 : 1bed/1bath 536 : $1,200/ MONTH , Unit 2R: 1 bed/1 bath : $1,200/ month rent, 536 Unit 3: 2 bed/1 bath : rent:$1,500/month . 536 Unit 4: 1 bed/1 bath : rent $1,300/month . 536- 540 Unit 3rd Floor: 5 bed/2bath : rent $3,000/month , 540 1st Front: 2 bed/1bath : rent 1,800.00 /month . 540 Unit 2R: 1 bed/1bath :rent 1,300/month , 540 Unit 2nd Fl: 1 bed/1 den/1 bath: rent $2,000.00/month . so total monthly rent is $13,000.00 so annuall $150,000.00 Parking, Laundry
| DAYS ON MARKET | 11 | LAST UPDATED | 1/7/2025 |
|---|---|---|---|
| YEAR BUILT | 1900 | COMMUNITY | Norristown Boro (10613) |
| COUNTY | MONTGOMERY | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| School District | NORRISTOWN AREA |
|---|
| PRICE HISTORY | |
| Prior to Jan 3, '25 | $890,000 |
|---|---|
| Jan 3, '25 - Today | $990,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Norristown Boro (10613) |
| CONSTRUCTION | Brick |
| HEAT | Electric |
| LOT | 6970 sq ft |
| LOT DIMENSIONS | 50.00 x 0.00 |
| PARKING | Attached |
| SEWER | Public Sewer |
| STYLE | Other |
| TAXES | 9798 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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