This property boasts tremendous potential and the perfect canvas for the savvy investor or homeowner. Live in one and lease the other two. There have been some updates to the interior units in the past, although more is needed. This property offers endless opportunities and is poised for transformation. There are tenants in place and with the right investor there is potential of increase in rental income. The side yard may be able to offer additional potential as well. The three current leases are well below what the new Buyer can charge ranging from $1,350-$2,150/month for the two, two bedroom units and $900-$1,695/month for a one bedroom. Off street parking for up to 4 cars from the rear alley offers convenience as well. The property is being sold in "AS IS CONDITION". The Buyer is responsible for Certificate of Occupancy, Rental license, etc. and to confirm all zoning criteria as this is listed in the Historic District, 2 blocks down from the Courthouse, nearby Lawyers row and the Transportation center at Swede and Main Streets.
Sold for $250,000
$250,000
719 Swede St, Norristown, PA 19401
5beds
--baths
2,918sqft
Townhouse
Built in 1881
-- sqft lot
$350,100 Zestimate®
$86/sqft
$2,250 Estimated rent
Home value
$350,100
$301,000 - $399,000
$2,250/mo
Zestimate® history
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$1,702/mo
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Zillow last checked:
Listing updated:
Listed by:
Michael Serratore 610-608-1648,
RE/MAX Affiliates
Bought with:
Donna Moles, RM422629
Charles L. Moles Real Estate, LLC
Source: Bright MLS,MLS#: PAMC2106078
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
Basement
- Area: 0
Heating
- Baseboard, Natural Gas
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,918
- Total interior livable area: 2,918 sqft
Property
Parking
- Parking features: Crushed Stone, Alley Access, On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 4,640 Square Feet
- Dimensions: 40.00 x 0.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 130036392009
- Zoning: 1134 RES: TRIPLEX
- Zoning description: 1134 Res: Triplex
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Block, Brick/Mortar
Condition
- New construction: No
- Year built: 1881
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Community & HOA
Location
- Region: Norristown
- Municipality: NORRISTOWN BORO
Financial & listing details
- Price per square foot: $86/sqft
- Tax assessed value: $56,100
- Annual tax amount: $3,457
- Date on market: 5/31/2024
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 24060
- Income includes: Apartment Rentals
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2024 | Sold | $250,000-37.5%$86/sqft |
Source:  Bright MLS #PAMC2106078 Report a problem | ||
| 6/6/2024 | Contingent | $399,900$137/sqft |
Source: Bright MLS #PAMC2106078 Report a problem | ||
| 5/31/2024 | Listed for sale | $399,900$137/sqft |
Source: Bright MLS #PAMC2106078 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,458 +1.3% | $56,100 |
| 2024 | $3,413 | $56,100 |
| 2023 | $3,413 +2.2% | $56,100 |
| 2022 | $3,339 +2.2% | $56,100 |
| 2021 | $3,267 +2.5% | $56,100 |
| 2020 | $3,187 +2.4% | $56,100 |
| 2019 | $3,112 +8.9% | $56,100 |
| 2018 | $2,857 +0.8% | $56,100 |
| 2017 | $2,835 +2.5% | $56,100 |
| 2016 | $2,767 +1.9% | $56,100 |
| 2015 | $2,716 +2.5% | $56,100 |
| 2014 | $2,651 +1.8% | $56,100 |
| 2013 | $2,604 +2.3% | $56,100 |
| 2012 | $2,546 +5.7% | $56,100 |
| 2011 | $2,409 +2.9% | $56,100 |
| 2010 | $2,340 | $56,100 |
| 2009 | $2,340 +2.6% | $56,100 |
| 2008 | $2,281 +3.5% | -- |
| 2007 | $2,203 +1.9% | -- |
| 2006 | $2,161 +3.1% | -- |
| 2005 | $2,097 +4.3% | -- |
| 2004 | $2,010 +18.4% | -- |
| 2003 | $1,697 +6.5% | -- |
| 2002 | $1,593 +1.9% | -- |
| 2000 | $1,564 +13.9% | -- |
| 1999 | $1,373 | -- |
Find assessor info on the county website
Neighborhood: West End
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Nearby schools
GreatSchools rating
- 6/10Davenport Elementary SchoolGrades: 1-4Distance: 0.1 mi
- 7/10East Norriton Middle SchoolGrades: 5-8Distance: 2.7 mi
- 2/10Norristown Area High SchoolGrades: 9-12Distance: 2.2 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
$350,100
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
$350,100
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