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212 Pearl Street, Norristown, PA 19401

4 Bed, 2 Bath Multi-Family Home For Sale

212 Pearl Street, Norristown, PA 19401 House For Sale - MLS #6634431
$89,900
4
2
Multi-Family
5+ Family
7
This listing is courtesy of Platinum First Realty.

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Property Description for 212 Pearl Street, Norristown, PA 19401

CASH MONEY MAKER! 7 unit rooming house with stable long term good paying tenants! Not weekly rentals all tenants pay at beginning of month. Where else are you going to find a Cap rate over 25! Landlord pays all utilities and yet the net income is still over $24,000 per year. There is a fire system in place. Owner has this property set on cruise control with systems in place. All you have to do is take over and start making money today! Also available is 218 Pearl St with 6 rooms and 671 George st. which is a 4 unit building. Buy all 3 and have over a $60,000 per year net income! Seller is motivated and would put a nice deal together for the package. Call Doug with any questions.

Interior Details

Public Sewer
Public Water

Exterior Details

0.05 acres
2,178 sq. ft.
Street

Other Details

6634431
$1,575

Units Description

Unit #1
Bedrooms: 1      Full / Half Baths: 1      Rent: $425     

Unit #2
Bedrooms: 1      Rent: $400     

Unit #3
Bedrooms: 1      Rent: $400     

Unit #4
Bedrooms: 1      Full / Half Baths: 1      Rent: $350     

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Monthly Mortgage Payments

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$569

Town Description

Norristown was one of the largest communities under Pennsylvania's borough form of government. The borough form of government permitted the city to be protected by volunteer fire departments, as does...

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