727 Cherry Street

Norristown PA 19401

1580 sq. ft.

1768 sq. ft.

Townhouse

Currently for sale - view listing

Overview

Investor opportunity for this 8 unit property. 8 bedrooms, 3 bathrooms and 2 kitchens. Rear fenced in yard gives some outdoor space. End of row home next to the wonderful Cherry Street Park. All units occupied. $3,200 a month income. Lease is renewed for 2 years at a time. 30 days notice to evict. Rooms are all bedrooms with the exception of the primary bedroom, which has a private primary bathroom. Tenants pay water and electric and gas. Buyer can use any rooms as they please by converting rooms to living room, mud room or any room desired. Seller is willing to do minor works before closing but buyer is responsible for all U and O and all associated permits from borough.