Patterson-Schwartz Real Estate905 Swede Street, Norristown, PA 19401-3957 $625,000
Interior Sq. Ft: 7,100
Acreage: 0.08
Age:135 years
Taxes: $9,680
Design/Type:
Twin/Semi-Detached
Description
Phenomenal investment opportunity! Listing includes BOTH 905 and 907 Swede Street 13-00-36464-009,13-00-36468-00-5. The property has been joined together as one building. A one-of-a-kind property, the home is a combined twin currently utilized as a rooming house. You are greeted by a large porch. On the first floor, you will find the building's office consisting of two private rooms and a private bathroom across the hall, the first of 10 rental units containing a private bathroom. The first floor also includes the following common areas: living room, dining room, kitchen, pantry, and laundry room. From the laundry room, you may access the spacious backyard. On the second floor, you will find 5 rental units sharing two bathrooms and a second shared living room. On the third floor are 4 rental units sharing two bathrooms, and expansive storage closets. The property is licensed for 10 residential units with an average rental amount of $800 per unit, resulting in a 10% cap rate. The property is located near local restaurants and City Hall, with easy transportation access via bus stops nearby and up the street from Norristown Transportation Center.
Home Assoc: No
Condo Assoc: No
Basement:
Pool: No Pool
Features
Utilities
Heating - None, Natural Gas, Central A/C, Electric, Hot Water - Natural Gas, Public Water, Public Sewer
Garage/Parking
On Street
Interior
Carpet Flooring, Luxury Vinyl Plank Flooring
Exterior
Block Foundation, Brick/Mortar Foundation, Shingle Roof, Frame Exterior
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-285-5100
Listing Courtesy of: Taylor Properties
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 4/29/2025.
