Investor Alert ~ Norristown Duplex with brick front with newer vinyl siding and off street parking for 3 cars. Unit #1 - One bedroom unit with hardwood floors, living room with faux fireplace with marble fireplace mantel, and an eat in kitchen with ceramic tile floors & gas range. Separate utilities including gas and electric. There is a newer gas heater and newer gas hot water heater. Covered back porch and yard. Currently rented at $750.00 per month, which is below market. Unit #2 Is a 2 story 3 Bedroom unit with carpeting and hardwood floors, living room, eat in kitchen with ceramic tile floors and gas range. Separate utilities including gas and electric. There is a newer gas heater and newer gas hot water heater. Currently rented at $875.00 per month, which is below market. 513 W. Elm is currently licensed as a 2 unit rental property. The first phase of the Norrristown Borough Use and Occupancy Permit confirming the use as 2 units has been paid for and completed. The buyer will be responsible for obtaining and satisfying the 2nd phase of the Norristown Borough Use & Occupancy permit.
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