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Justin Heath

justin@sellinggreaterphilly.com +1(215) 808-7425

Listed by Shawn M Warman • Realty One Group Restore - Collegeville

$ 110,000

Est. payment -/mo

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Under Contract

529 CHERRY ST Norristown, PA 19401

1,787 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Under Contract

Purchase Type For Sale

Square Footage 1,787 sqft

Price per Sqft $61

MLS Listing ID PAMC2141198

Style Other

Abv Grd Liv Area 1,787

Year Built 1900

Available Date 2025-05-27

Annual Tax Amount $1,928

Tax Year 2024

Lot Size 2,200 Sqft

Acres 0.05

Lot Dimensions 22.00 x 0.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

This fully gutted duplex in the heart of Norristown—just blocks from the new municipal building—is ready for renovation. The home requires a full rehab, but plans can be provided for a potential two-bedroom, one-bath unit on the first floor, complementing the existing two-bedroom, one-bath unit on the second floor. With Montgomery County Housing Authority (MCHA) paying up to $2,196 per two-bedroom unit, this property offers a potential total monthly rental income of up to $4,386. Located close to public transportation and bus stops, this property presents strong long-term rental potential for the savvy investor.

Location

State PA

County Montgomery

Area Norristown Boro (10613)

Zoning TR

Rooms

Basement Full, Unfinished

Interior

Hot Water Natural Gas

Heating Baseboard - Hot Water

Cooling None

Flooring Fully Carpeted, Tile/Brick

Fireplaces Number 1

Fireplace Y

Heat Source Natural Gas

Exterior

Exterior Feature Deck(s)

Garage Spaces 2.0

Water Access N

Roof Type Flat

Accessibility None

Porch Deck(s)

Total Parking Spaces 2

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

High Schools Norristown Area

School District Norristown Area

Others

Tax ID 13-00-08060-009

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard