629 W Main Street

Description

Investor Alert!!!Fully Occupied Section 8-Duplex Property in Norristown, PA This well-maintained brick duplex in Norristown offers a fantastic opportunity for investors. Both units are currently occupied by excellent tenants, making it a hassle-free addition to your portfolio.Property Features:- 1st Floor Unit: This unit features a comfortable layout with a spacious living room, a bedroom, a separate den, kitchen, dining room with extra space for washer/dryer and a full bathroom.- 2nd/3rd Floor Unit: The upper unit offers a living room, a kitchen, 3 bed rooms and 1.5 bathrooms with laundry and dryer in the half bathroom.Tenant Information:- 1st Unit: Currently leased to a long-term tenant at $850 per month. There is potential to raise the rent to market value.- 2nd Unit: The second unit is leased at $1350 per month. Both units are on a month-to-month lease.Electric baseboard heating for 1st unit and Radiator Gas heat for 2nd unit and Gas hot water, separated utilities, paid by tenants. Owner pays sewer and water bills. This property's strategic location in Norristown offers convenience and accessibility to amenities, public transportation, and local attractions. Whether you're looking for a reliable income stream or a smart investment opportunity, this duplex is a compelling choice.Don't miss out on this turnkey investment property with excellent rental history. Contact us today to schedule a viewing and explore the potential this property has to offer.