PA > Norristown
Norristown, PA 19401,905 SWEDE ST
Norristown, PA 19401,905 SWEDE ST
Norristown, PA 19401,905 SWEDE ST
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John Coleman

John Coleman

+1(202) 427-9689
Listed by Peter Mossad • Taylor Properties
$625,000
Est. payment /mo
7,100 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 7,100 sqft

Price per Sqft $88

MLS Listing ID PAMC2136912

Originating Board BRIGHT

Year Built 1890

Annual Tax Amount $9,680

Tax Year 2025

Lot Size 3,564 Sqft

Acres 0.08

Property Sub-Type Five Or More Units

Property Description

Phenomenal investment opportunity!

Listing includes BOTH 905 and 907 Swede Street 13-00-36464-009,13-00-36468-00-5. The property has been joined together as one building.

A one-of-a-kind property, the home is a combined twin currently utilized as a rooming house. You are greeted by a large porch. On the first floor, you will find the building's office consisting of two private rooms and a private bathroom across the hall, the first of 10 rental units containing a private bathroom. The first floor also includes the following common areas: living room, dining room, kitchen, pantry, and laundry room. From the laundry room, you may access the spacious backyard. On the second floor, you will find 5 rental units sharing two bathrooms and a second shared living room. On the third floor are 4 rental units sharing two bathrooms, and expansive storage closets.

The property is licensed for 10 residential units with an average rental amount of $800 per unit, resulting in a 10% cap rate.

The property is located near local restaurants and City Hall, with easy transportation access via bus stops nearby and up the street from Norristown Transportation Center.

Location

State PA

County Montgomery

Area Norristown Boro (10613)

Zoning R-2

Interior

Hot Water Natural Gas

Heating None

Cooling Central A/C

Flooring Luxury Vinyl Plank, Carpet

Heat Source Natural Gas

Exterior

Water Access N

Roof Type Shingle

Accessibility None

Garage N

Building

Foundation Block, Brick/Mortar

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Norristown Area

Others

Tax ID 13-00-36464-009,13-00-36468-00-5

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
agent
John Coleman

REALTOR® | OWNER | License ID: SP98375761

+1(202) 427-9689 | john@colemanresidential.com

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