NORRISTOWN DUPLEX: 18 E Elm, Norristown PA 19401

5 Beds / 3 Baths • 2,348 SqFt
Offer Submission Deadline
  • 2-4 Unit
  • 5
  • 3
  • 1900
  • 2348
  • 1980
  • No Garage

Description

DESCRIPTION

18 E Elm St is a promising duplex nestled in the heart of Norristown, PA. This property offers a unique opportunity with a one-bedroom unit and a spacious three-bedroom layout, potentially convertible to a four-bedroom. Convenient private parking in the rear enhances accessibility. Although in need of renovation, this duplex presents a lucrative investment opportunity with the potential to generate substantial income. According to MCHA estimates, the property has the potential to cashflow approximately $3,756 per month, making it an attractive option for investors looking to maximize returns in a desirable location. Explore the possibilities and envision the future of this property—schedule your showing today!



COMPS

627 George St Norristown PA 19401 - Sold 4/19/24 - $301,000

316 W Fornance Sf Norristown PA 19401 - Sold 4/17/24 - $350,000

618 Lafayette St Norristown PA 19401 - Sold 3/20/2024 - $270,000

809 Green St, Norristown PA 19401 - Sold 3/15/2024 - $225,000


Estimated Spread

  • ARV $275,000
  • Price $150,000
  • Spread $125,000

Similar Properties