551 Cherry St , Norristown Boro is a $349,900, 2,593 square foot home on a 0.05 acre lot located in Norristown, PA.
Investor Alert! Quadraplex located on the corner of Cherry and Marshall St. Ideal for those who are looking to live in one unit and rent the other three out, or for those looking to add to their portfolio! All four units are currently rented. There is one, 1 bed / 1 bath, one 3 bed/1 bath, one studio and one 2 bed/ 2 bath unit. The first-floor unit has forced air, the second floor has hot water or forced air, and electric baseboard heat for the third floor. Potential to collect higher rents on a few of the units! Currently collecting $3500 in rents with projected rent estimated to be just shy of $4000/month. Walking distance to several shops and restaurants, easy access to main roads and public transportation including train and bus routes. Call us today to schedule your private tour. Note: Seller is also selling 36-38 Spruce St just a few blocks away!
| Above Grade Sqft | 2,593 |
| Has Basement? | Yes |
| Basement | Unfinished Basement - Yes |
| Appliances | Hot Water - Electric Hot Water - Natural Gas |
| Interior Features | Units Furnished - None Accessibility Features - None |
| Cooling Types | None Cooling Fuel - None |
| Heating Types | Forced Air Heating Fuel - Electric Heating Fuel - Natural Gas Heating - Yes |
| Parking Types | Parking Type - None |
| Exterior Features | Sidewalks Patio And Porch Features - Balcony Other Structures - Above Grade Other Structures - Below Grade No Pool |
| Construction Types | Brick |
| Water Source | Public |
| Sewer | Public Sewer |
| Property Type | Multi-Family |
| Property Sub Type | Quadruplex |
| Style | Colonial Standard Fee Simple Grocery/Supermarket |
| Architectural Style | Structural Design Type - End of Row/Townhouse |
| Year Built | 1890 |
| HOA Fee | $0.00 |
| Condo Fee | $0.00 |
| Taxes | $3,873.00 |
| County | montgomery |
| School District | norristown area |
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. Copyright BRIGHT, All Rights Reserved. Data last updated 11/28/2023 at 02:19am MST. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Information deemed reliable but not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.
