Fantastic investor opportunity. "Turn Key" Duplex fully leased with newer 1 year leases on both units. Monthly generated income: 1st Floor unit: 2 BRs , 1 bath - $1425.00 per month + $25 water fee. 2nd Floor unit: 1 Br, 1 bath - $1125.00 per mont + $25 water fee. Tenants pay all utilities separately metered except water. Buyer responsible for expenses and for acquiring U & O. NO SHOWINGS UNTIL AFTER MAY 1st 2024
Sold for $261,225
$261,225
535 E Lafayette St, Norristown, PA 19401
5beds
--baths
1,456sqft
Duplex
Built in 1920
-- sqft lot
$279,300 Zestimate®
$179/sqft
$1,862 Estimated rent
Home value
$279,300
$249,000 - $310,000
$1,862/mo
Zestimate® history
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$1,862/mo
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$1,862/mo
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$1,693/mo
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Zillow last checked:
Listing updated:
Listed by:
Paul Canavarro 610-574-7676,
RE/MAX Main Line-West Chester
Bought with:
Saaj Patel
KW Empower
Source: Bright MLS,MLS#: PAMC2102000
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
Basement
- Area: 0
Heating
- Radiator, Natural Gas
Cooling
- Window Unit(s), Electric
Appliances
- Included: Electric Water Heater
Features
- Basement: Partial
- Has fireplace: No
Interior area
- Total structure area: 1,456
- Total interior livable area: 1,456 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,516 Square Feet
- Dimensions: 22.00 x 0.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 130019304024
- Zoning: 1132 RES: DUPLEX
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Duplex
Materials
- Brick
- Foundation: Block
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Norristown
- Municipality: NORRISTOWN BORO
Financial & listing details
- Price per square foot: $179/sqft
- Tax assessed value: $35,000
- Annual tax amount: $2,157
- Date on market: 4/23/2024
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: Appliances
- Exclusions: Tenant Belongings
- Ownership: Fee Simple
- Total actual rent: 31200
- Income includes: Apartment Rentals, Other
Price history
| Date | Event | Price |
|---|---|---|
| 8/5/2024 | Sold | $261,225-1.4%$179/sqft |
Source:  Bright MLS #PAMC2102000 Report a problem | ||
| 7/30/2024 | Pending sale | $265,000$182/sqft |
Source: Bright MLS #PAMC2102000 Report a problem | ||
| 7/3/2024 | Contingent | $265,000$182/sqft |
Source: Bright MLS #PAMC2102000 Report a problem | ||
| 6/18/2024 | Listed for sale | $265,000$182/sqft |
Source: Bright MLS #PAMC2102000 Report a problem | ||
| 6/11/2024 | Contingent | $265,000$182/sqft |
Source: Bright MLS #PAMC2102000 Report a problem | ||
| 5/24/2024 | Price change | $265,000-1.8%$182/sqft |
Source: Bright MLS #PAMC2102000 Report a problem | ||
| 4/23/2024 | Listed for sale | $269,900+34.9%$185/sqft |
Source: Bright MLS #PAMC2102000 Report a problem | ||
| 1/27/2023 | Sold | $200,000+2.6%$137/sqft |
Source: Bright MLS #PAMC2058406 Report a problem | ||
| 1/8/2023 | Pending sale | $195,000$134/sqft |
Source: Bright MLS #PAMC2058406 Report a problem | ||
| 12/2/2022 | Contingent | $195,000$134/sqft |
Source: Bright MLS #PAMC2058406 Report a problem | ||
| 11/25/2022 | Listed for sale | $195,000+931.7%$134/sqft |
Source: Bright MLS #PAMC2058406 Report a problem | ||
| 7/10/2000 | Sold | $18,900+1210.7%$13/sqft |
Source: Public Record Report a problem | ||
| 10/20/1999 | Sold | $1,442-98.2%$1/sqft |
Source: Public Record Report a problem | ||
| 9/22/1997 | Sold | $78,000$54/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,157 +1.3% | $35,000 |
| 2024 | $2,129 | $35,000 |
| 2023 | $2,129 +2.2% | $35,000 |
| 2022 | $2,083 +2.2% | $35,000 |
| 2021 | $2,038 +2.5% | $35,000 |
| 2020 | $1,988 +2.4% | $35,000 |
| 2019 | $1,942 +8.9% | $35,000 |
| 2018 | $1,784 +0.8% | $35,000 |
| 2017 | $1,770 +2.5% | $35,000 |
| 2016 | $1,727 +1.9% | $35,000 |
| 2015 | $1,695 +2.5% | $35,000 |
| 2014 | $1,654 +1.8% | $35,000 |
| 2013 | $1,625 +2.3% | $35,000 |
| 2012 | $1,588 +5.7% | $35,000 |
| 2011 | $1,502 +2.9% | $35,000 |
| 2010 | $1,460 | $35,000 |
| 2009 | $1,460 +2.6% | $35,000 |
| 2008 | $1,423 +3.6% | -- |
| 2007 | $1,374 +1.9% | -- |
| 2006 | $1,348 +3.1% | -- |
| 2005 | $1,307 +4.3% | -- |
| 2004 | $1,253 +18.3% | -- |
| 2003 | $1,059 +6.6% | -- |
| 2002 | $993 +1.8% | -- |
| 2000 | $975 +2.4% | -- |
| 1999 | $952 | -- |
Find assessor info on the county website
Neighborhood: 19401
Nearby homes
- $--1 bd1 ba550 sqft535 E Lafayette St #2, Norristown, PA 19401Off Market
- $--2 bd1 ba700 sqft535 E Lafayette St APT 1, Norristown, PA 19401Off Market
- $165,0002 bd2 ba1k sqft531 E Lafayette St, Norristown, PA 19401Sold
- $220,0002 bd2 ba1.3k sqft533 E Lafayette St, Norristown, PA 19401Sold
- $192,9004 bd1 ba1.3k sqft539 E Lafayette St, Norristown, PA 19401Off Market
- $242,4003 bd2 ba1.5k sqft529 E Lafayette St, Norristown, PA 19401Off Market
- $173,4004 bd1 ba1.4k sqft541 E Lafayette St, Norristown, PA 19401Off Market
- $229,0004 bd1 ba1.5k sqft527 E Lafayette St, Norristown, PA 19401Off Market
Nearby schools
GreatSchools rating
- 7/10East Norriton Middle SchoolGrades: 5-8Distance: 3.1 mi
- 2/10Norristown Area High SchoolGrades: 9-12Distance: 2.9 mi
- 5/10Paul V Fly El SchoolGrades: K-4Distance: 3.5 mi
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
$279,300
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
$279,300
- Pennsylvania
- Montgomery County
- Norristown
- 19401
- 535 E Lafayette St
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