$525,000
 $2,818 est/mo Sourced by Back At You

1020 W Main St,NORRISTOWN, PA 19401

NORRISTOWN, PA 19401

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Description

Investor Alert! Exceptional opportunity to own a well-maintained 3-unit income-producing property offering strong cash flow and long-term appreciation potential. This multi-family asset features three separate units, making it ideal for both seasoned investors and those looking to start or expand their portfolio. Each unit offers comfortable, functional living spaces that appeal to today's rental market, supporting consistent occupancy and reliable income. Investment Highlights: -Three units providing multiple income streams-Strong rental demand in the area-Ideal for an investor or owner-occupant looking to offset a mortgage with rental income. Conveniently located near shopping, dining, and major commuter routes. Buyer is responsible for U&O. Owner will guide the buyer through the current tenant onboarding and transition process to ensure a seamless transfer of ownership.

Details

MLS #PAMC2176132
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Year1889
Days On Site174
Listing Provided ByBHHS Fox & Roach-Blue Bell | Cindy Marcinkowski

Features

SQ Feet2,974
BasementY
Story(s)3
Units3
ZoningRES
Acreage0.16

Interior

Rooms Total6
CoolingNone
Heating Yes / NoYes
HeatingBaseboard - Electric
Interior FeaturesBathroom - Tub Shower, Breakfast Area, Combination Kitchen/Living, Flat, Floor Plan - Open, Kitchen - Galley, Pantry
AppliancesOven/Range - Electric

Exterior

Exterior FeaturesStreet Lights
Construction MaterialsBrick
Foundation DetailsBlock

Parking

Garage Yes / NoNo

Utilities

UtilitiesCable TV Available, Electric Available, Phone Available

Taxes

Tax Annual Amount6255

Area Information

StatePA
CountyMONTGOMERY PA
CityNORRISTOWN
Zip Code19401
AreaNorristown Boro (10613)
School DistrictNORRISTOWN AREA
Listing VS Median (in 19401)
Price:
$525,000
low | high
Med:
$264,900
99.542857142857% of Average
sqft:
2,974
low | high
Med:
1,280
100% of Average
$ / sqft:
$177
low | high
Med:
$207
32.765982142857% of Average
On site:
174
low | high
Med:
90
100% of Average
Sourced by Back At You

Market Activity 19401

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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Bright MLS. 

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Contact

Learn More About This Property

Lorraine Gross

Lorraine Gross

Class Harlan Real Estate

RS282055Senior Real Estate Specialist (215) 622-5988lorraine@classharlan.com
StatePA
CountyMONTGOMERY PA
CityNORRISTOWN
Zip Code19401
AreaNorristown Boro (10613)
School DistrictNORRISTOWN AREA
Listing VS Median (in 19401)
Price:
$525,000
low | high
Med:
$264,900
99.542857142857% of Average
sqft:
2,974
low | high
Med:
1,280
100% of Average
$ / sqft:
$177
low | high
Med:
$207
32.765982142857% of Average
On site:
174
low | high
Med:
90
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $393K - $656K
sqft: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
515 HAMILTON ST Property Photo 1
$415,000
515 Hamilton St
Norristown, PA 19401
Listing Updated: October 10, 2026 at 11:15:35 AM PDT
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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Lehigh Valley Association of REALTORS.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Bright MLS. 

© 2024 Bright MLS, All Rights Reserved
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