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Sold for $285,000
  • $285,000

    104 E Main St, Norristown, PA 19401

    4beds
    2baths
    1,400sqft
    Retail
    Built in 1875
    -- sqft lot
    $352,900 Zestimate®
    $204/sqft
    $1,829 Estimated rent

    Home value

    $352,900

    $321,000 - $388,000

    $1,829/mo

    Zestimate® history
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    What's special

    Great Mixed use property is the perfect addition for a buyer/investor looking to add a renovated property with significant income potential! Both units are vacant. Recent rents for each unit were below market at $1,350/month. Market rents for the 4 bedroom residential space are averaging $1800+/month. The first floor unit is a Renovated Retail / storefront space (around 700 sf.) that was previously a Coffee shop with a renovated full bathroom (handicapped accessible) with plenty of seating area. The zoning is TC, which allows for most retail uses. There is a large 4-bedroom Residential rental unit on the top two floors of the building with hardwood floors throughout the apartment. The 4 spacious bedrooms (two are 14x12 and two closer to 13x10) share one Full Bathroom. The kitchen leads to an outdoor deck. There are also 10' ceilings and plenty of natural light. Upgrades include the following (see attached Upgrade list): Central A/C (split units - 4 zones in the property installed 2019), Commercial space (new counters and electrical, plumbing), Refinished hardwood Flooring, Newer Laundry area with Washer/Dryer, Water Heater (2018), Electrical (200 amps - 3 separate panels), some Windows replaced . Location, Location, Location !!! Perfect location in Norristown to run a business or a good investment opportunity to generate rental income. The property offers walkability to local businesses and multiple public transportation options. Conveniently located in downtown Norristown close to major shopping areas, turnpikes (including Dekalb Pike-Route 202), and public transportation, making your daily commute and shopping a breeze. Recent development was announced in the immediate area! Schedule your showing today to secure this Investment property featuring many upgrades and rental income potential !

    Zillow last checked:

    Listing updated:

    Listed by:

    Rob Warner 267-972-4324,

    Keller Williams Real Estate-Blue Bell

    Bought with:

    Rob Warner, RS329364

    Keller Williams Real Estate-Blue Bell

    Source: Bright MLS,MLS#: PAMC2113014MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Basement
    • Area: 0
    Heating
    • None, Natural Gas
    Cooling
    • None, Electric
    Appliances
    • Included: Gas Water Heater
    Features
    • Flooring: Engineered Wood, Hardwood
    • Has fireplace: No
    Interior area
    • Total structure area: 1,400
    • Total interior livable area: 1,400 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 1,326 Square Feet
    • Dimensions: 13.00 x 0.00
    • Features: Downtown
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 130021320006
    • Zoning: TC
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Retail
    Materials
    • Stucco, Mixed Plumbing
    • Foundation: Stone
    • Roof: Pitched
    Condition
    • New construction: No
    • Year built: 1875

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Phone, Cable Available, Underground Utilities

    Community & HOA

    Location
    • Region: Norristown
    • Municipality: NORRISTOWN BORO

    Financial & listing details

    • Price per square foot: $204/sqft
    • Tax assessed value: $66,530
    • Annual tax amount: $4,074
    • Date on market: 8/2/2024
    • Listing agreement: Exclusive Agency
    • Listing terms: Conventional
    • Inclusions: Washer Dryer (commercial Space)
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    11/7/2024Listing removed$2,300$2/sqft
    Source: Zillow Rentals Report a problem
    10/30/2024Sold$285,000-6.6%$204/sqft
    Source: Bright MLS #PAMC2113014 Report a problem
    10/17/2024Listed for rent$2,300$2/sqft
    Source: Zillow Rentals Report a problem
    10/16/2024Contingent$305,000$218/sqft
    Source: Bright MLS #PAMC2113014 Report a problem
    10/3/2024Price change$305,000-3.2%$218/sqft
    Source: Bright MLS #PAMC2113014 Report a problem
    9/4/2024Price change$315,000-6%$225/sqft
    Source: Bright MLS #PAMC2113014 Report a problem
    8/3/2024Listed for sale$335,000$239/sqft
    Source: Bright MLS #PAMC2113014 Report a problem
    7/4/2024Listing removed--
    Source: Bright MLS #PAMC2107590 Report a problem
    7/4/2024Listed for sale$335,000+123.3%$239/sqft
    Source: Bright MLS #PAMC2107590 Report a problem
    11/17/2016Sold$150,000$107/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,100 +1.3%$66,530
    2024$4,047 $66,530
    2023$4,047 +2.2%$66,530
    2022$3,960 +2.2%$66,530
    2021$3,874 +2.5%$66,530
    2020$3,779 +2.4%$66,530
    2019$3,690 +8.9%$66,530
    2018$3,389 +0.8%$66,530
    2017$3,363 +2.5%$66,530
    2016$3,282 +1.9%$66,530
    2015$3,222 $66,530
    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Norristown Area

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $352,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $352,900