501 SWEDE ST, Norristown, PA 19401 - MLS#PAMC2110606

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Ashley Brosnahan

ashley@bethanybeach-homes.com +1(302) 841-4200

$ 829,000

Est. payment | -/mo

7,400 SqFt

Save

$ 829,000

Est. payment | -/mo

Save

7,400 SqFt

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 7,400 sqft

Price per Sqft $112

MLS Listing ID PAMC2110606

Style Traditional

Abv Grd Liv Area 7,400

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $7,884

Tax Year 2020

Lot Size 2,900 Sqft

Acres 0.07

Property Description

Across the street from the county seat Montgomery County Court House. The property is in a prime location. Just a 1-block walk to the bus stop, grocery store . A short walk to Elmwood Park, the Norristown Zoo, Montgomery County Courthouse, train station (to Philadelphia) and the Norristown Public Library. Five-minute drive to King of Prussia, 30 minutes to Philadelphia. This is a rare opportunity to own 4 apartments under one roof and a commercial space great for a Starbucks. The rental demand in this area is strong. Montgomery County Housing Authority reimbursement for an apartment in this area is see attachment a month (per unit). If you haven't recently visited, you may not have seen all the improvements that have occurred in Norristown from streetscapes, the cultural district, and major transportation improvement projects to thriving neighborhoods - commercial growth in Norristown is on the rise. Norristown is home to many new businesses - and existing businesses are expanding. The Recreation Department provides programs for children and adults throughout the year. The Thomas Barone Memorial Complex offers 3 athletic fields, one with lights, for youth baseball and softball programs. Latshaw Field is host to the Chestnut Hill University Baseball Team. Elmwood Park offers: Bocce Ball, picnic areas, a brand new impressive 3 story playground, as well as outdoor concerts on Sundays and volleyball. The property along the Norristown riverfront is readied for redevelopment and the path forward for a thriving riverfront in place. Schuylkill River Trail and Norristown Transportation Center development has been completed. The 70-acre parcel that was the former site of the State Hospital was deeded to Norristown borough from the state last year. Plans for the re-development of this site are nearing completion.

Location

State PA

County Montgomery

Area Norristown Boro (10613)

Zoning TOWN CENTER

Interior

Hot Water Electric

Heating Forced Air

Cooling Wall Unit

Fireplace N

Heat Source Electric

Exterior

Water Access N

View City

Roof Type Cool/White

Accessibility None

Garage N

Building

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

Structure Type High,Plaster Walls

New Construction N

Schools

High Schools Norristown

School District Norristown Area

Others

Tax ID 13-00-36256-001

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Listed by George Korkus Jr • Realty Mark Associates - KOP

Ashley Brosnahan

Team Lead | Delaware & Maryland Realtor | RS-RS-0020030

+1(302) 841-4200