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27813844
27813846

344 W Marshall St, Norristown, PA 19401

BS
$699,999
229 days on market
Updated 154 days ago

344 W. Marshall St.

Details
APN 13-00-25064-006
Property Type Retail, Multifamily (+1)
Sub Type Grocery Store, Storefront (+1)
Square Footage 4,316
Units 4
Cap Rate 8.57%
NOI $60,000
Occupancy 100%
Tenancy Multi
Price per SqFt $162
Year Built 1900
Stories 3
Acreage 0.060
Zoning Mixed Use / Multi Use
Ownership Fee Simple

Discover a once in a generation investment opportunity located in downtown Norristown!

Marketing description

Discover a once in a generation investment opportunity located in Norristown's prime downtown central business district. Featuring one commercial storefront, two spacious apartments (one 3 bedroom & one 2 bedroom) as well as one free-standing commercial double garage with a full loft above. All 4 units are rented out and fully occupied offering immediate cash flow income and long-term value. $6,000/month in current rental income with stable long term tenants in place. Significant potential to strategically increase rental income even further! Whether you're looking to expand your portfolio or secure steady cash flow, look no further than 344 W. Marshall Street. Schedule your viewing today to see firsthand the promising features and earning potential of this exceptional property!

Investment highlights

  • Available SqFt: 4,316.00
  • Price / Sq Ft: 162.19
  • Business Use: Other
  • Year Built: 1900

Listing Contacts

BS

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$60,000.00
$5,000.00/mo

Valuation Metrics

0
DSCR
8.57%
Cap Rate
8.57%
ROI

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Additional Information

Name
Billy Stroumbaras
License
RB066908
Brokerage
Springer Realty Group
Brokerage Phone
4844984000
Title
Real Estate Broker
Brokerage Address
1055 East Baltimore Pike
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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