501 Swede Street

Norristown, PA 19401

$829,000
Price
Beds
7,400 Sq. Ft.
$112 / Sq. Ft.
7,400
Sq. Ft.
$112
per Sq. Ft.

Description

Across the street from the county seat Montgomery County Court House. The property is in a prime location. Just a 1-block walk to the bus stop, grocery store . A short walk to Elmwood Park, the Norristown Zoo, Montgomery County Courthouse, train station (to Philadelphia) and the Norristown Public Library. Five-minute drive to King of Prussia, 30 minutes to Philadelphia. This is a rare opportunity to own 4 apartments under one roof and a commercial space great for a Starbucks. The rental demand in...Across the street from the county seat Montgomery County Court House. The property is in a prime location. Just a 1-block walk to the bus stop, grocery store . A short walk to Elmwood Park, the Norristown Zoo, Montgomery County Courthouse, train station (to Philadelphia) and the Norristown Public Library. Five-minute drive to King of Prussia, 30 minutes to Philadelphia. This is a rare opportunity to own 4 apartments under one roof and a commercial space great for a Starbucks. The rental demand in this area is strong. Montgomery County Housing Authority reimbursement for an apartment in this area is see attachment a month (per unit). If you haven't recently visited, you may not have seen all the improvements that have occurred in Norristown from streetscapes, the cultural district, and major transportation improvement projects to thriving neighborhoods - commercial growth in Norristown is on the rise. Norristown is home to many new businesses - and existing businesses are expanding. The Recreation Department provides programs for children and adults throughout the year. The Thomas Barone Memorial Complex offers 3 athletic fields, one with lights, for youth baseball and softball programs. Latshaw Field is host to the Chestnut Hill University Baseball Team. Elmwood Park offers: Bocce Ball, picnic areas, a brand new impressive 3 story playground, as well as outdoor concerts on Sundays and volleyball. The property along the Norristown riverfront is readied for redevelopment and the path forward for a thriving riverfront in place. Schuylkill River Trail and Norristown Transportation Center development has been completed. The 70-acre parcel that was the former site of the State Hospital was deeded to Norristown borough from the state last year. Plans for the re-development of this site are nearing completion.​
  1. Listed by George Korkus Jr • Realty Mark Associates - KCP
    P: (610)-213-9200 georgekorkus@comcast.net

Property Details for 501 Swede Street

Tax ID Number
13-00-36256-001
Ownership
Fee Simple
Structure Type
Detached
Style
Traditional
Waterfront
No
Views
City
Garage
No
Expected On Market Date
07-17-2024
LISTING UPDATED: 09/23/2024 11:09 PM

Property Details for 501 Swede Street

StatusActive
MLS #PAMC2110606
Days on Market130
Taxes$7,884 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1900
Lot Size0.07 AC / 2,900 SF
CountyMontgomery County

Building Information for 501 Swede Street

Stories-Residences4Year Built1900Building Size-Lot Size0.07 AC / 2,900 SF

Property Information for 501 Swede Street

Location
Location
  • Transportation: Bus Stop less than 1 mile, Commuter Rail Station less than 1 mile, Airport less than 10 miles
  • School District Name: NORRISTOWN AREA
  • School District County ID: 300200397035
  • SchoolDistrictSource: Listing Agent
  • High School: NORRISTOWN (MONTGOMERY PA)
  • County: MONTGOMERY
  • MLS Area: Norristown Boro (10613)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2020
  • Tax Assessed Value: $135,800
  • Year Assessed: 2020
  • County Tax: $470
  • Improvement Assessed Value: $0
  • City Town Tax: $2,037
  • Land Assessed Value: $0
  • Clean Green Assessed: No
  • Land Use Code: 4100
  • Agricultural Tax Due: No
  • Zoning: TOWN CENTER
  • Tax Lot: 018
  • School Tax: $5,377
  • Automatically Update Tax Values Y/N: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Units Leased Count: 5
  • Number Of Units Vacant: 0
  • Rent Control: No
Financial Information
Financial Information
  • Annual Rental Income: $6,180
Building Info
Building Info
  • Year Major Reno Remodel: 2018
  • Building Level Count: 4
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Location Type: Corner Lot/Unit
  • Parcel ID: 622199
Parking
Parking
  • Type Of Parking: Parking Lot, Off Street
  • Parking Features: Lighted Parking, Paved Parking, Private
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Spa: No
  • Exterior Features: Street Lights
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Wall Unit
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Tri-County Suburban REALTORS

Property History for 501 Swede Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 501 Swede Street

Taxable ValueLand-Additions-Total-
Tax Record2023$11,292 ($941 / month)
Home Facts
Total Finished SqFt7,400 SqFtAbove Grade Finished SqFt7,400 SqFtStories3Lot Size2,900 SqFtStyleOffice BuildingYear Built1900ZoningTCCountyMONTGOMERYAPN13-00-36256-00-1

Schools near 501 Swede Street

This home is within Norristown Area School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Whitehall El School
PublicK to 4

East Norriton Middle School
Public5 to 8

Stewart Middle School
Public5 to 8

Norristown Area High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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501 Swede Street is a multi-family home for sale in Norristown, PA 19401. This property was listed for sale on July 17, 2024 by Realty Mark Associates - KCP, it's currently listed at $829,000. It has been on the market for a total of 130 days and was last sold on February 1, 2021. This listing's school district is Norristown Area School District. Nearby schools include Whitehall El School, East Norriton Middle School and Stewart Middle School. 501 Swede Street is a 0-bed, 0-bath, 7,400 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty Mark Associates - KCP

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.