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Norristown,PA 19401
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAMC2127642
Originating Board BRIGHT
Year Built 1910
Annual Tax Amount $8,900
Tax Year 2025
Lot Size 9,102 Sqft
Acres 0.21
Lot Dimensions 60.00 x 0.00
Property Sub-Type Mixed Use
Property Description
Step into this unique and versatile 3 Unit property with a private entrance that invites you to explore its myriad of possibilities. The building features a 2-car garage equipped with an electric door opener, with the potential to create 5 additional parking spaces in the backyard, pending township approval. On the first floor, the commercial space currently serves as an Optometrist Office operated by the seller. It includes a waiting room, reception area, several treatment rooms, plenty of storage space, a restroom, and a hallway that allows the property to be divided off into another office or kept as one large office. There is also a private office with an exit door to the front, and a kitchenette with an exit door to the backyard. Unit 1 houses a 2 bedroom unit featuring a Jack and Jill bathroom, deep sill windows, Italian marble flooring, a bathroom with a bathtub, a bedroom with a large closet space, a kitchen with an electric range and refrigerator, and a living room. This unit s rented effective 03/01/2025 for $1595/month. Unit 2 is 1 bedroom, currently tenant occupied and rented at below market rates for $917/month until 06/15/2025. This unit also has access to the attic for storage.
The estimated rental income for the medical office is $20,000/annually resulting in a gross annual income of $50,144. The large unfinished basement offers fantastic storage space, while ample on-street parking and a private rear yard further enhance the appeal of this multi-use building.
The basement is accessible from the Doctor's Office or the backyard. Owner pays heat, hot water and common electric. Electric meters are separate. Conveniently located directly off Main St. and close to the Norristown-Manayunk SEPTA station. Schedule your showing today.
Location
State PA
County Montgomery
Area Norristown Boro (10613)
Zoning R-2
Interior
Hot Water Electric
Heating Radiator,Hot Water
Cooling Central A/C,Zoned
Flooring Marble,Carpet
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Utilities Available Cable TV
Water Access N
View Street
Roof Type Slate
Accessibility 2+ Access Exits
Total Parking Spaces 2
Garage N
Building
Lot Description Corner
Sewer Public Sewer
Water Public
New Construction N
Schools
High Schools Norristown Area
School District Norristown Area
Others
Tax ID 13-00-15952-001
Ownership Fee Simple
SqFt Source Assessor
Security Features Monitored,Fire Detection System,Smoke Detector,Security System
Acceptable Financing Cash,Conventional,Other
Listing Terms Cash,Conventional,Other
Financing Cash,Conventional,Other
Special Listing Condition Standard