709 GEORGE ST Norristown, PA 19401
2,423 SqFt
UPDATED:
Key Details
Property Type Townhouse
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,423 sqft
Price per Sqft $165
Subdivision None Available
MLS Listing ID PAMC2189562
Style Traditional
Abv Grd Liv Area 2,423
Year Built 1890
Annual Tax Amount $1,927
Tax Year 1998
Lot Size 5,347 Sqft
Acres 0.12
Property Sub-Type Twin/Semi-Detached
Source BRIGHT
Property Description
Welcome to 709 George Street, a recently updated triplex twin offering immediate rental income and outstanding long-term investment potential. Whether you're an experienced investor looking to expand your portfolio or searching for a multi-unit property with owner-occupancy possibilities, this turnkey property checks all the boxes. Two of the three units are currently occupied, providing instant cash flow. Unit 1 features 2 bedrooms and 1 full bath and is rented for $1,300 per month. Unit 2 offers 1 bedroom and 1 full bath and is currently vacant, allowing the new owner the flexibility to occupy the unit or lease it at market rent. The previous tenant paid $1,100 per month. Unit 3 includes 2 bedrooms and 1 full bath and is currently rented for $1,300 per month. The property has been recently updated throughout and has a proven history of reliable tenancy under the current ownership. A significant benefit is that all utilities are separately metered, including a dedicated owner utility service, making property management more efficient and keeping operating expenses straightforward. Additional features include rear parking, an attached storage shed, and ample street parking. Conveniently located near shopping, restaurants, public transportation, and major commuter routes, this property also enjoys a highly walkable location, making it attractive to current and future tenants. With strong rental history, recent improvements, separated utilities, and one vacant unit ready for immediate occupancy or additional rental income, 709 George Street is a rare opportunity to own a solid, income-producing property in the heart of Norristown.
Location
State PA
County Montgomery
Area Norristown Boro (10613)
Zoning R2
Rooms
Basement Full
Interior
Interior Features Floor Plan - Traditional, Kitchenette, Recessed Lighting
Hot Water Natural Gas
Heating Baseboard - Electric
Cooling None
Flooring Wood, Carpet, Laminated
Equipment Oven/Range - Electric, Refrigerator, Water Heater
Fireplace N
Appliance Oven/Range - Electric, Refrigerator, Water Heater
Heat Source Natural Gas
Exterior
Garage Spaces 3.0
Water Access N
Roof Type Shingle
Accessibility None
Total Parking Spaces 3
Garage N
Private Pool No
Building
Foundation Stone
Above Ground Finished SqFt 2423
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade
New Construction N
Schools
High Schools Norristown Area
School District Norristown Area
Others
Tax ID 13-00-13480-007
Ownership Fee Simple
SqFt Source 2423
Acceptable Financing Conventional, VA, FHA 203(b)
Listing Terms Conventional, VA, FHA 203(b)
Financing Conventional,VA,FHA 203(b)
Special Listing Condition Standard
Nearby School & Business