Mixed use commercial property in down town Norristown business district. First floor is commercial and current tenant is operating it as a restaurant. First floor also has use of the basement for storage. There are 6 parking spacing that can be used during the day. The rent is currently at $1565 and lease runs to February of 2027. Tenant pays electric. The second and third floor is a large 2 bedroom apartment. Modern kitchen with breakfast area and exit to a second story patio. Modern bath. Rented is $1550. Tenant pays electric & gas. This property has been renovated over the last year and is located within Norristown's revitalizing of it's downtown.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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