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535 E Lafayette Street
Norristown, PA 19401

$295,000 - Status: ACTIVE
SQFT: 1,456
MLS# PAMC2194910

Two units, both leased, both renovated. Unit 1 is a 2 bed, 1 bath renting for $1,500/mo. Unit 2 is a 1 bed, 1 bath renting for $1,125/mo. That's $31,500 in gross annual rent with tenants already in place, so you start collecting on day one. Both units were updated with LVP flooring throughout and fresh neutral paint. The kitchens have stainless appliances and tile backsplashes. The baths are updated with modern fixtures, and the brick exterior keeps maintenance low. A plug-and-play income property for investors who want cash flow without a renovation. It also works for an owner-occupant who wants to house hack, living in one unit while the other covers a big piece of the mortgage.

Property Features

MLS#: PAMC2194910
Zip: 19401
Subdivision:
Development: Norristown Boro
Property Type: Multi Unit - Multiple
Number of Units: 2
Basement: Yes
Basement: Partial
Cooling: Window Unit(s)
Days on Site: 4
Fuel Type: Natural Gas
Heating: Central
Home Style: Colonial
Lot Size: 0.03 acres
Taxes: $2,279
Year Built: 1920

Feature Descriptions

Additional Structures: Above Grade, Below Grade
Exterior: Brick
Lot Dimensions: 0.03 Acre(S)
Municipality: NORRISTOWN BORO
One Bedroom Units: 1
Sewer: Public Sewer
Structure Type: Detached
Two Bedroom Units: 1
Units: 2
Water: Public

Local Schools

School District: NORRISTOWN AREA

535 E Lafayette Street | MLS# PAMC2194910

This multi-family property located at 535 E Lafayette Street , Norristown, PA 19401 is currently listed for sale with an asking price of $295,000. E Lafayette Street is located within the NORRISTOWN AREA school district. Search Norristown real estate on joycerowlands.lewith-freeman.com today.

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty Wilmington
Agency Phone: 3022991100

Shown By

Agent Name: Joyce Rowlands
Agent Phone: (570) 578-2065
Agency Title: Lewith & Freeman

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AGENT INFORMATION

Lewith & Freeman Joyce Rowlands (570) 578-2065

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Estimated Payment

$ 1,955.85 per month $1,679.89 Principal & Interest $189.92 Property Tax $86.04 Homeowner's Insurance

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