Description
Finally... an AFFORDABLE OPPORTUNITY to ESTABLISH A STREAM OF PASSIVE INCOME! Introducing 558 E Main St, a Mixed-Use Investment Property located within the bustling downtown of Norristown Boro. This classic Victorian-style building features a 790 SQFT Commercial Storefront situated on the first floor, which offers a nicely-kept Half Bath and access to a Full Unfinished Basement for plenty of storage. (This commercial space is currently vacant, but will be easy to lease considering the attractive amount of walking/driving traffic that passes by this major road everyday.) Now, onto the (2) Residential apartments... With access from a conveniently separate side-door, the first residential unit is a 1 Bedroom and 1 Full Bath apartment (currently occupied and generating $675/month in rent). From another separate entrance, located up the wood stairs at the rear of the property and through the covered deck's door, the second residential unit is a 2 Bedroom (corrected from 3 Bedroom) and 1 Full Bath apartment (currently occupied and generating $750/month in rent). Finally, a rare feature in downtown Norristown, there is a great 6-Car Parking Lot accessed through a private rear alleyway just off of Ford St ready to alleviate the frustrations of street parking! 558 E Main St presents a unique chance to inexpensively build up your rental income, so don't miss out. Take the 3D Tour of each unit and schedule your showing before it's too late!
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0BEDS
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0.06ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Finally... an AFFORDABLE OPPORTUNITY to ESTABLISH A STREAM OF PASSIVE INCOME! Introducing 558 E Main St, a Mixed-Use Investment Property located within the bustling downtown of Norristown Boro. This classic Victorian-style building features a 790 SQFT Commercial Storefront situated on the first floor, which offers a nicely-kept Half Bath and access to a Full Unfinished Basement for plenty of storage. (This commercial space is currently vacant, but will be easy to lease considering the attractive amount of walking/driving traffic that passes by this major road everyday.) Now, onto the (2) Residential apartments... With access from a conveniently separate side-door, the first residential unit is a 1 Bedroom and 1 Full Bath apartment (currently occupied and generating $675/month in rent). From another separate entrance, located up the wood stairs at the rear of the property and through the covered deck's door, the second residential unit is a 2 Bedroom (corrected from 3 Bedroom) and 1 Full Bath apartment (currently occupied and generating $750/month in rent). Finally, a rare feature in downtown Norristown, there is a great 6-Car Parking Lot accessed through a private rear alleyway just off of Ford St ready to alleviate the frustrations of street parking! 558 E Main St presents a unique chance to inexpensively build up your rental income, so don't miss out. Take the 3D Tour of each unit and schedule your showing before it's too late!
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