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1223 MAIN ST
NORRISTOWN, PA 19401

$210,000 Price reduced from $223,000 (-$13,000)
  • 2 Beds
  • 2/1 Baths
  • 2,248 sqft
  • Single Family | Semi-Detached
  • Active
1223 MAIN ST, NORRISTOWN - 32686990
1223 MAIN ST, NORRISTOWN - 32686991
1223 MAIN ST, NORRISTOWN - 32686992
1223 MAIN ST, NORRISTOWN - 32686993
1223 MAIN ST, NORRISTOWN - 32686994
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Property Description for 1223 MAIN ST, NORRISTOWN PA 19401

This great investment property is on a highly visible corner of W. Main Street across from the CVS. The property has a great appeal to someone looking to live upstairs while covering half or more of the mortgage through rental income from the commercially zoned property by renting out the first floor. The property is zoned as commercial and the first floor is currently a successful hair salon. The salon is very well maintained and would take minimal change to convert it to another business. The first floor provides an open concept with plenty of windows and natural light. It has additional space in the back, which can be used for clients, customers or as a private office. There is also a waiting area and additional space for possible merchandise or a private office as well as a half bath. The exterior is well maintained and provides five off street parking spaces as well as ample on street parking. The layout could provide many possibilities for other business such as a nail salon, offices, restaurant or many other possibilities which may be confirmed with the city. An owner can choose to live upstairs to eliminate their commute by renting both floors for additional cash flow. The upstairs is currently owner occupied however has been previously rented for 1,200 dollars a month. The upstairs has a private entrance with two bedrooms, two full baths, a living room, eat-in kitchen and a newly updated oversized deck. The basement is partially finished offering additional space for client meetings or an employee lounge while the unfinished portion provides a laundry area and additional storage. The business and apartment are currently sharing the utilities being owner occupied however they have separate meters and can be easily converted back eliminating any common area gas and electric expenses. The water and sewer are paid by owner as they are tied together however can be reduced drastically as the salon uses more water then average. This property has many possibilities and with low holding costs is worth a look for any investor or business owner looking for a new location on a highly visible corner in Norristown. Refer to MLS 6944828 for additional information on Operating Net Income and Return on Investment information for investment purposes.

  • Property Class: Residential
  • Listing Status: Active
  • City: NORRISTOWN
  • State: PA
  • Zip: 19401
  • Area: Norristown Boro
  • Class: Single Family
  • Property Subtype: Semi-Detached
  • Approx Lot Size: 0.090
  • Stories: 3
  • Beds: 2
  • Baths Total: 3
  • Baths (F/H): 2/1
  • Living Area (SqFt): 2,248 sqft
  • Lot Sq Ft Apx: 4000.00
  • Year Built: 1900
  • Listing#: 6944853
  • School District: Norristown
  • Tax Year: 2017
  • List Date: 3/15/2017
  • Last updated on: 8/23/2017

Property Features for 1223 MAIN ST, NORRISTOWN PA 19401

  • Appliances: Kitpantry, Kitdoublesin, Kitbuiltinra, Disposal
  • Design: 3+Story
  • Property Age: 117
  • Foundation: Block/Brickf
  • Heating: Gas, Radiator
  • Interior Features: 9Ft+Ceiling, CeilngFan(s), BayWindow
  • Main Entrance: Foyer
  • Pool Type: Nopool
  • Sewer Septic: Public Sewer
  • Water: Public
  • Basement Type: Full
  • Cooling: Central A/C
  • Exterior: Brick
  • Fireplace: Nofireplace
  • Garage Spaces: Nogarage
  • Handicap: None
  • Laundry Type: Bsmtlaundry
  • Main Bedroom: Fullbath-Mbr
  • Porch Deck: Deck, Balcony
  • Room List: Sun/Florida Room, Great Room, Com/Retailsp, Util/Mudroom
  • Cooking Fuel: Eleccooking
  • Dining Kitchen: Eatinkitchen
  • Exterior Features: Sidewalks, Streetlights, Exteriorlght
  • Floor: Wood, Fully Carpeted, Tile/Brick
  • Hot Water: Natural Gas
  • Lot Description: Corner Lot, Levellot, Rearyard
  • Parking: 3+Carparking, Street, Parkinglot, Private
  • Roof: Pitchedroof, Shingleroof
  • Styles: Other
  • Adult 55+ / 62+: False

Additional Information for 1223 MAIN ST, NORRISTOWN PA 19401

  • County: Montgomery-Pa
  • School District: Norristown
  • High School: Norristown
  • Condo Association: False
  • HOA: False
  • Basement: True
  • Central Air: True
  • Farm: False
  • Fireplace: Nofireplace
  • Interior Square Feet Source: A
  • Lot Dimensions: 25
  • New Construction: False
  • Ownership: Fee Simple
  • Swimming Pool: No
  • Tax Year: 2017
  • Total Assessment: 76260.00
  • Total Taxes: $3,855
  • Water Front: False
  • Bedroom Master1 Length: 29
  • Bedroom Master1 Width: 15
  • Bedroom Master1 Level: Third
  • Dining Room: False
  • Other Rm1 Name: Sunroom
  • Other Rm1 Length: 18
  • Other Rm1 Level: Main
  • Other Rm1 Width: 7
  • Bedroom Second1 Length: 13
  • Bedroom Second1 Width: 12
  • Bedroom Second1 Level: Upper 1
  • Family Room: True
  • Family Room Length: 16
  • Family Room Width: 15
  • Family Room Level: Upper 1
  • Other Rm2 Name: Lobby
  • Other Rm2 Length: 16
  • Other Rm2 Width: 9
  • Other Rm2 Level: Main
  • Upper Floor1 Baths: 2
  • Kitchen1 Length: 13
  • Kitchen1 Width: 12
  • Kitchen1 Level: Upper 1
  • Other Rm3 Name: Office
  • Other Rm3 Length: 12
  • Other Rm3 Width: 12
  • Other Rm3 Level: Main
  • Main Floor Half Baths: 1
  • Living Room Length: 34
  • Living Room Width: 14
  • Living Room Level: Main
  • Other Rm4 Name: Deck
  • Other Rm4 Length: 20
  • Other Rm4 Width: 13
  • Other Rm4 Level: Upper 1
  • Listing Area: Norristown Boro
  • Laundry Room: True
  • Subdivision: None Available
  • Listing ID: 6944853
Courtesy of Keller Williams Realty Group
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