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Back 551 Cherry St
Off Market

551 Cherry St

Norristown PA 19401

6
2593 sq. ft.
2050 sq. ft.
Duplex
Last sold for $350,000
Michael SrokaMichael Sroka, last sold this property on 28 December 2023 after 232 days on market.

Overview

Investor Alert! Quadraplex located on the corner of Cherry and Marshall St. Ideal for those who are looking to live in one unit and rent the other three out, or for those looking to add to their portfolio! All four units are currently rented. There is one, 1 bed / 1 bath, one 3 bed/1 bath, one studio and one 2 bed/ 2 bath unit. The first-floor unit has forced air, the second floor has hot water or forced air, and electric baseboard heat for the third floor. Potential to collect higher rents on a few of the units! Currently collecting $3500 in rents with projected rent estimated to be just shy of $4000/month. Walking distance to several shops and restaurants, easy access to main roads and public transportation including train and bus routes. Call us today to schedule your private tour. Note: Seller is also selling 36-38 Spruce St just a few blocks away!

Features

6 bedrooms
2593 sq. ft. floor area
2050 sq. ft. lot size
Duplex

Estimated Value

We need at least 3 similar 6 bedroom duplexes sold in Norristown over the last 12 months.

Property history for 551 Cherry St

2023
Sold
$350,000
28 Dec 2023 by Michael Sroka, of Keller Williams Main Line
2019
Sold
$210,000
08 Aug 2019 by Laura Hewitt, of Coldwell Banker Realty

Happy sellers in Norristown

89%
89% of sellers in Norristown reported that their sale price either exceeded or met their price expectations.

Norristown stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Norristown over the last 12 months.

Local market activity for 6 bedroom duplexes in Norristown

In the last 12 months, 1 six-bedroom duplex similar to 551 Cherry St, have been sold.

This represents a 80% increase in six-bedroom duplexes sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Norristown

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Khalid Munir

Khalid Munir is an award winning recommended agent for Norristown.  They have 5 local sales and collected 3 local reviews across the last 12 months.

  •   5   (4 reviews)
  •  3 Reviews in Norristown
  •  5 Sales in Norristown
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Marcus Howell

Sellers who recommend Marcus Howell have praised them for being responsive, local expert, supportive, clear communication, friendly, reliable, and stress-free process

  •   5   (44 reviews)
  •  2 Reviews in Norristown
  •  10 Sales in Norristown
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Marianne Toto

Marianne Toto is a recommended agent for Norristown.  They have 2 local sales and collected 2 local reviews across the last 12 months.

  •   5   (14 reviews)
  •  2 Reviews in Norristown
  •  2 Sales in Norristown
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Cheryl Anton

Cheryl Anton is a recommended agent for Norristown.  They have 2 local sales and collected 2 local reviews across the last 12 months.

  •   5   (59 reviews)
  •  2 Reviews in Norristown
  •  2 Sales in Norristown
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