1. Pennsylvania
2. Norristown
3. 905 SWEDE STREET

905 SWEDE STREET, Norristown, PA 19401

• 7,100 sqft

Property Description

Phenomenal investment opportunity! Listing includes BOTH 905 and 907 Swede Street 13-00-36464-009,13-00-36468-00-5. The property has been joined together as one building. A one-of-a-kind property, the home is a combined twin currently utilized as a rooming house. You are greeted by a large porch. On the first floor, you will find the building's office consisting of two private rooms and a private bathroom across the hall, the first of 10 rental units containing a private bathroom. The first floor also includes the following common areas: living room, dining room, kitchen, pantry, and laundry room. From the laundry room, you may access the spacious backyard. On the second floor, you will find 5 rental units sharing two bathrooms and a second shared living room. On the third floor are 4 rental units sharing two bathrooms, and expansive storage closets. The property is licensed for 10 residential units with an average rental amount of $800 per unit, resulting in a 10% cap rate. The property is located near local restaurants and City Hall, with easy transportation access via bus stops nearby and up the street from Norristown Transportation Center.

Listing Status:

Active

Date Added:

April 23, 2025 at 05:00AM

Listing Office:

Taylor Properties : 3019702447

Listing Agent:

Peter Mossad : 2679755088

MLS ID:

PAMC2137778

Interior

• Flooring: Luxury Vinyl PlankCarpet
• A/C: Central A/C
• Heating: Natural Gas
• Disability Feature: None

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Peter Mossad, Taylor Properties