Norristown, PA 19401,218 PEARL ST

$89,900

$89,900

Est.Price: ?

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Est. payment /mo

2,280 Sqft Lot


SOLD DATE : 04/16/2016

Key Details

Sold Price $89,900

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision None Available

MLS Listing ID 1002687678

Sold Date 04/16/16

Style Other

HOA Y/N N

Originating Board TREND

Year Built 1900

Annual Tax Amount $2,033

Tax Year 2016

Lot Size 2,280 Sqft

Acres 0.05

Lot Dimensions 21

Property Description

CASH MONEY MAKER! 6 unit rooming house with stable long term good paying tenants! Not weekly rentals all tenants pay at beginning of month. Where else are you going to find a Cap rate over 20! Landlord pays all utilities and yet the net income is still over $20,000 per year. There is a fire system in place. Owner has this property set on cruise control with systems in place. All you have to do is take over and start making money today! Also available is 212 Pearl St with 7 rooms and 671 George st. which is a 4 unit building. Buy all 3 and have over a $60,000 per year net income! Seller is motivated and would put a nice deal together for the package. Call Doug with any questions. Selling agent also has a lender to lend on these types of properties.

Location

State PA

County Montgomery

Area Norristown Boro (10613)

Zoning R2

Rooms

Other Rooms Primary Bedroom

Basement Full, Unfinished

Interior

Hot Water Natural Gas

Heating Gas

Cooling None

Fireplace N

Heat Source Natural Gas

Laundry None

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style Other

New Construction N

Schools

High Schools Norristown Area

School District Norristown Area

Others

Tax ID 13-00-29584-004

Ownership Fee Simple

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Bright MLS (BMLS)
Listed by Helen M Sage • Platinum First Realty
Bought with Austin D Moyer • Coldwell Banker Hearthside Realtors-Collegeville
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