SoldDec 28, 2023

Listed by Michael Sroka and Christine Edwin from Keller Williams Main Line

Bought with Yakov Toyberman from Homestarr Realty

Source: Bright MLS #PAMC2071012

551 Cherry St, Norristown, PA, 19401

$350,000

6
2593 sq. ft.
2050 sq. ft.

Duplex

8 days on the market

Sold: Dec 28, 2023

What's around 551 Cherry St

About this property

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!

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