Invester Alert! 9% Cap rate! Large fully rented triplex, all leases/expenses available upon request. Yearly gross rent is 41,700, owner only pays common electric, sewer & water. Unit 1 is a 1 bedroom and rented at $1,100, unit 2 is a 2 bedroom rented at $1,300 and unit 3 is a 1 bedroom rented at $1,070. Potential to collect higher rents. Buyer responsible for U&O. Seller is also selling 1019, 1021 Dekalb and 223 Jacoby. Call us today to schedule your private tour.
Sold for $308,000
$308,000
706 Chain St, Norristown, PA 19401
4beds
3baths
2,458sqft
Triplex
Built in 1900
-- sqft lot
$373,200 Zestimate®
$125/sqft
$1,906 Estimated rent
Home value
$373,200
$347,000 - $399,000
$1,906/mo
Zestimate® history
Owner options
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$1,906/mo
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$1,943/mo
Est. payment
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$1,943/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Len Martelli 610-476-4917,
Realty One Group Restore - BlueBell
Bought with:
Cj Pierre, 5008114
United Real Estate
Source: Bright MLS,MLS#: PAMC2073974
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Flooring: Carpet
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,458
- Total interior livable area: 2,458 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,800 sqft
- Dimensions: 18.00 x 0.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 130007032002
- Zoning: R2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Triplex
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Flat
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Norristown
- Municipality: NORRISTOWN BORO
HOA & financial
Other financial information
- Total actual rent: 41700
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 4/19/2024 | Listing removed | -- |
Source: Bright MLS #PAMC2092026 Report a problem | ||
| 3/25/2024 | Price change | $1,585-0.9%$1/sqft |
Source: Bright MLS #PAMC2092026 Report a problem | ||
| 2/20/2024 | Price change | $1,600-3%$1/sqft |
Source: Bright MLS #PAMC2092026 Report a problem | ||
| 12/31/2023 | Listed for rent | $1,650$1/sqft |
Source: Bright MLS #PAMC2092026 Report a problem | ||
| 7/26/2023 | Sold | $308,000-10.7%$125/sqft |
Source:  Bright MLS #PAMC2073974 Report a problem | ||
| 6/19/2023 | Contingent | $345,000$140/sqft |
Source: Bright MLS #PAMC2073974 Report a problem | ||
| 6/9/2023 | Listed for sale | $345,000+475%$140/sqft |
Source: Bright MLS #PAMC2073974 Report a problem | ||
| 2/24/2004 | Sold | $60,000+92.9%$24/sqft |
Source: Public Record Report a problem | ||
| 2/4/1998 | Sold | $31,101+2137.5%$13/sqft |
Source: Public Record Report a problem | ||
| 3/20/1997 | Sold | $1,390$1/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,253 +1.3% | $69,000 |
| 2024 | $4,197 | $69,000 |
| 2023 | $4,197 +2.2% | $69,000 |
| 2022 | $4,107 +2.2% | $69,000 |
| 2021 | $4,018 +2.5% | $69,000 |
| 2020 | $3,920 +2.4% | $69,000 |
| 2019 | $3,827 +8.9% | $69,000 |
| 2018 | $3,515 +0.8% | $69,000 |
| 2017 | $3,488 +2.5% | $69,000 |
| 2016 | $3,404 +1.9% | $69,000 |
| 2015 | $3,340 -14.3% | $69,000 -16.3% |
| 2014 | $3,896 +1.8% | $82,430 |
| 2013 | $3,827 +2.3% | $82,430 |
| 2012 | $3,742 +5.7% | $82,430 |
| 2011 | $3,539 +2.9% | $82,430 |
| 2010 | $3,438 | $82,430 |
| 2009 | $3,438 +2.6% | $82,430 |
| 2008 | $3,351 +3.5% | -- |
| 2007 | $3,237 +1.9% | -- |
| 2006 | $3,176 +9.4% | -- |
| 2005 | $2,904 +4.3% | -- |
| 2004 | $2,784 +18.5% | -- |
| 2003 | $2,350 +6.5% | -- |
| 2002 | $2,206 +1.8% | -- |
| 2000 | $2,167 +13.9% | -- |
| 1999 | $1,902 | -- |
Find assessor info on the county website
Neighborhood: West End
Nearby schools
GreatSchools rating
- 5/10Eisenhower Middle SchoolGrades: 5-8Distance: 0.9 mi
- 2/10Norristown Area High SchoolGrades: 9-12Distance: 1.9 mi
- 3/10Whitehall El SchoolGrades: K-4Distance: 1.7 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
$373,200
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
$373,200
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