USAPANorristown1321 Redwood Ln
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New
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$4,919,400

For Sale

1321 Redwood Ln, Norristown, PA

House

MLS® PAMC2198450

0 Bed

0 Bath

12000 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 12000 sqft
Garage 
Taxes $49,439
Lot Size 0.04 Acres
Approx. Age 1960
Avg. Price Per Sqft $409
MLS® Number PAMC2198450

Property Address: 1321 Redwood Ln, NORRISTOWN, PA, 19401-3631

Average square foot calculated using Size range provided by listing agent.

Description

PACKAGE DEAL ONLY! WILL NOT BE SOLD INDIVIDUALLY. Exceptional investment portfolio deal featuring 19 total properties/units across Norristown, PA (19401). Generating a total gross monthly income of $40, 095.00 ($481, 140.00 annually) with total annual property taxes of $49, 439.00, offered at a strong 10% Cap Rate with an asking price of $4, 919, 400.00. Included Properties & RentBreakdown: 1321 Redwood Ln: 4 Bed / 2 Bath ($2, 280/mo) 107 Stanbridge St: 4 Bed / 1 Bath ($2, 200/mo) 145 W Elm St: 4 Bed / 1 Bath ($1, 900/mo) 151 W Elm St: 4 Bed / 1 Bath ($2, 135/mo) 153 W Elm St: 4 Bed / 1 Bath ($2, 000/mo) 157 W Elm St (Triplex): Apt A ($2, 050/mo) | Apt B ($1, 650/mo) | Apt C ($1, 698/mo) Elm St Basement Laundry: Coin-Operated Basement Laundry ($326/mo) 712 Astor St: 3 Bed / 1 Bath ($1, 850/mo) 220 W Spruce St: 3 Bed / 1.5 Bath ($1, 780/mo) 828 Smith St: 3 Bed / 1 Bath ($2, 020/mo) 721 W Oak St: 3 Bed / 2 Bath ($1, 788/mo) 234 W Spruce St: 3 Bed / 1 Bath ($1, 425/mo) 770 Kohn St: 4 Bed / 1 Bath ($2, 000/mo) 313 Buttonwood St: 2 Bed / 1 Bath ($1, 780/mo) 305 Buttonwood St: 2 Bed / 1 Bath ($1, 780/mo) 309 Buttonwood St: 2 Bed / 1 Bath ($1, 500/mo) 717 W Oak St: 3 Bed / 1 Bath ($2, 329/mo) 840 Haws Ave: 3 Bed / 1 Bath ($2, 329/mo) 1032 Cherry St: 4 Bed / 1 Bath ($1, 975/mo) 214 Pearl St: 4 Bed / 1.5 Bath ($2, 200/mo) Package Combination Note: This 19401 Norristown package deal can also be purchased in combination with our 14-property portfolio package in Pottstown, PA (19464) or as a total mega-portfolio package.
MLS® NumberPAMC2198450
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1960
Basement
DrivewayOther
Garage Spaces
HeatCentral, Natural Gas
A/CCentral A/C, Electric

Extras

  • Commute

Commute

Starting Address
Destination Address
1321 Redwood Ln, Norristown, PA

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