501 SWEDE ST Active Save Request In-Person Tour Request Virtual Tour
Norristown,PA 19401
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 7,400 sqft
Price per Sqft $112
MLS Listing ID PAMC2110606
Style Traditional
Abv Grd Liv Area 7,400
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $7,884
Tax Year 2020
Lot Size 2,900 Sqft
Acres 0.07
Property 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 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.
Location
State PA
County Montgomery
Area Norristown Boro (10613)
Zoning TOWN CENTER
Interior
Hot Water Electric
Heating Forced Air
Cooling Wall Unit
Fireplace N
Heat Source Electric
Exterior
Water Access N
View City
Roof Type Cool/White
Accessibility None
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade,Below Grade
Structure Type High,Plaster Walls
New Construction N
Schools
High Schools Norristown
School District Norristown Area
Others
Tax ID 13-00-36256-001
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Standard