MLS® ID: PAMC372274
1455 W MAIN STREET
NORRISTOWN, Pennsylvania, 19403 $249,900
Excellent opportunity to acquire an investment property in West Norriton with $27,600 annual rental income and 8.2% CAP RATE. This multi-unit property in West Norriton consists of a first floor retail space, lower level storage & 2nd floor apartment. The property has been updated and meets all use and occupancy standards of West Norriton Township.The property has excellent exposure on Main St with an average daily traffic count of 10,000-20,000 cars. The first floor retail space is occupied by a bakery with a year to year lease. New Buyer could occupy the retail space or keep the current Tenant. Road signage available. Separate utilities except water & sewer.