521 Swede Street
$555,000
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Closed 1/15/25
Description
Fantastic investment opportunity in the heart of Norristown! This well-maintained property features four spacious apartments: two 2-bedroom units and two 1-bedroom units. Located on one of the best blocks in Norristown, just steps from the upcoming $400 million courthouse, this building has undergone numerous updates including new windows, flooring, safety upgrades, masonry repairs, and more. The property has a recent U&O permit from the Municipality of Norristown and holds a legal 4-unit rental...Fantastic investment opportunity in the heart of Norristown! This well-maintained property features four spacious apartments: two 2-bedroom units and two 1-bedroom units. Located on one of the best blocks in Norristown, just steps from the upcoming $400 million courthouse, this building has undergone numerous updates including new windows, flooring, safety upgrades, masonry repairs, and more. The property has a recent U&O permit from the Municipality of Norristown and holds a legal 4-unit rental license. Currently, three of the four units are occupied, generating substantial income of over $6,000/month, with the potential to exceed $7,700/month when fully rented. The ground-floor unit is newly renovated and vacant, making it ideal for an investor or an owner-occupant. Don’t miss out on this high-income property with incredible location benefits!
- Listed by David Sawyer • Homestarr RealtyP: (267)-921-5033 davesabsolute@gmail.com
- Listed by James Barr • Homestarr RealtyP: (610)-633-3900 atlascedarproperties@gmail.com
Property Details for 521 Swede Street
Tax ID Number
13-00-36288-005
OwnershipFee Simple
Structure TypeInterior Row/Townhouse
StyleStraight Thru, Transitional
WaterfrontNo
GarageNo
MunicipalityNORRISTOWN BORO
Total Parking Spaces2
LISTING UPDATED: 01/21/2025 12:20 PM
Property Details for 521 Swede Street
Status | Closed |
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MLS # | PAMC2123112 |
Days on Market | 36 |
Taxes | $8,278 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1900 |
Lot Size | 0.05 AC / 2,088 SF |
County | Montgomery County |
Building Information for 521 Swede Street
Stories-Residences4Year Built1900Building Size-Lot Size0.05 AC / 2,088 SF
Property Information for 521 Swede Street
Property History for 521 Swede Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 521 Swede Street
Taxable ValueLand$38,420Additions$96,760Total$135,180
Tax Record2023$8,298 ($692 / month)
Home Facts
Total Finished SqFt3,836 SqFtAbove Grade Finished SqFt3,836 SqFtStories3Lot Size2,088 SqFtStyleDuplexYear Built1900ZoningTCCountyMONTGOMERYAPN13-00-36288-00-5
Schools near 521 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.
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