40.1181 -75.35761

107 STANBRIDGE ST NORRISTOWN, PA 19401

315385499 40.1181 -75.35761 230 /listing/315385499-150069106/107-stanbridge-st-norristown-pa-19401 False 0 174400.0 1536 100 3 1 PAMC2036318 False
  • $174,400
  • 3 bd
  • 1 full ba
  • 1,536 sqft
  • 0.05 lot
  • Est payment $936.22/mo

Property & Neighborhood Info

Courtesy Of , (484) 498-4000

Single Family in NORRISTOWN

Package purchase price is $1,971,579. See mls# PAMC2036110 for complete package listing. 10 single family houses and a triplex with an onsite laundromat 100% occupied, being sold as a $1,971,579 package deal ONLY. Leases are NOT month to month. Math and numbers are for all properties added up. All are legal rentals and fully occupied with well vetted tenants. Excellent CAP rate! See Profit and Loss math below and in documents section. High income producing properties with extremely low bills and great POSITIVE cash-flow. Very low maintenance with tenants in place. Rent incomes produce $11,850 positive cash-flow per month or $142k+ per year after all expenses! In the houses, the owner pays trash and sewer, tenant pays everything else. Triplex tenants pay for PECO (Gas and electric) utilities, owner pays everything else. Owner pays ONLY Water, Sewer, Trash, Common Lights, Gas to heat the laundry room ($9,112/year), Insurance ($6,681/year) and Taxes ($34,798/year). Rental Incomes: 107 Stanbridge ($15,866/year), 220 Spruce ($13,177), 657 Kohn ($17635/year), 712 Astor ($13,700/year), 808 George ($22,200/year), 828 Smith ($20,220/year), 1321 Redwood ($17,509/year), 145 Elm ($15,900/year), 151 Elm ($19,275/year), 153 Elm ($18,274/year), 157 W Elm ($36,616+6k others/year). Profit and Loss Math: Rents: $15866+$13,177+$17,635+$13,700+$22,200+$20,220+$17,509+$15,900+$19275+$18,274+$36,616+ Triplex Laundry + Other Income $5,921=$216,294 per year gross income - $9,112 (Sewer/Trash/Common Lights/Gas) - $34,798 (Property Taxes) - $6,681 (Insurance) – Repair Supplies and Services $6,726 – $1,334 (Permits and Licenses) – $5,100 (Admin Expense) – $10,307 Vacancy Allowance (5%) = $142,233 Positive Cash Flow. Properties in the package deal are: 107 Stanbridge St, Norristown, PA 19401 (Tax ID: 13-00-35232-008), 220 W Spruce St Norristown, PA 19401 (Tax ID: 13-00-34128-005), 657 Kohn St Norristown, PA 19401 (Tax ID: 13-00-18920-003), 712 Astor St Norristown, PA 19401 (Tax ID: 13

Courtesy Of , (484) 498-4000
  1. 3 Beds
  2. 1 Full Bath
  3. 1,536 Sq. Ft.
  4. 0.05 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1930
  • Floors: 2
  • Rooms: 7
  • Full Bath: 1
  • School District3: NORRISTOWN AREA
  • School District: NORRISTOWN AREA
  • County: MONTGOMERY
  • Taxes: $2,786.00
  • Tax Year: 2023
  • Zoning: 10 single family, 1 Legal Trip
  • Subdivision: None Available
  • MLS Number:PAMC2036318

Additional Features

  • Air Conditioning:
    • No
  • Cooling:
    • Ceiling Fan(s)
  • Cooling Fuel:
    • Electric
  • Interior Features:
    • Kitchen - Eat-In
  • Water Heater:
    • Natural Gas
  • Rooms:
    • Basement
    • Bedroom 1
    • Bedroom 2
    • Dining Room
    • Kitchen
    • Living Room
    • Other
    • Primary Bedroom
  • Laundry:
    • Basement
  • Fireplace Y/N:
    • No
  • New Construction:
    • No
  • Water Source:
    • Public
  • Foundation:
    • Stone
  • Exterior Features:
    • Sidewalks
  • Lot Description:
    • Additional Lot(s)
  • Lot SF Source:
    • Estimated
  • Waterfront:
    • No
  • Porch/Patio/Deck:
    • Porch(es)
  • Heating:
    • Forced Air
  • Heating Fuel:
    • Natural Gas
  • Sewer:
    • Public Sewer
  • Municipality:
    • NORRISTOWN BORO
  • Water Access:
    • No
  • Financing:
    • Cash
  • List Type (Exclusive):
    • Exclusive Right
  • Rental Features:
    • No
  • Assessment Year:
    • 2023
  • Attribution Contact:
    • (484) 498-4000
  • Fireplaces Total:
    • 0
  • MLSSystem ID:
    • BRIGHT
  • Possession:
    • 0-30 Days CD
    • Settlement
  • Price Per SQFT:
    • 113.54
  • Rent Amount:
    • 212071.00
  • Sourced By:
    • Bright MLS
  • Upper Bedrooms:
    • 3
  • Upper Full Baths:
    • 1
  • Upper Half Baths:
    • 0
  • Kitchen Dim:
    • 16 X 15
  • Living Room Dim:
    • 14 X 12
  • Other Rm Dim:
    • 12 X 4
  • Bed1 Dim:
    • 15 X 12
  • Bed2 Dim:
    • 13 X 9
  • Dining Room Dim:
    • 15 X 12
  • Master Bed Dim:
    • 15 X 16
Neighborhood info courtesy of Homes.com © 2023

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
RE/MAX Properties Ltd
RE/MAX Properties Ltd
(215) 968-7400
210 Penns Trail Ste 100 Newtown PA 18940
no name available RE/MAX Properties Ltd
Let us help you!