MLS® ID: PAMC641852
705 CHAIN STREET
NORRISTOWN, Pennsylvania, 19401 $89,000
Listing agent owns the property. Investor special! This single family end unit townhome has 6 beds, 4 baths, and 2 detached garages in the rear. This corner property is huge with about 2700 sq. ft. and unlimited potential. You can build up and make profit as a single family or you can apply for a different variance; triplex, duplex, mixed use. Unfortunately, time and effort is something I am not able to pursue at the time for this property. Run the comps and see for yourself! Profit comes in many different ways. It is priced right with the amount of legal work and township fees that were already collected. Initially when purchased, the zoning and tax records showed a 4 unit/ quadraplex. After meeting with the zoning board and an appeal afterwards, they have reverted it back to a single family. The reason being is during its abandonment, it lost its zoning. The property is looking for the right owner to bring her back to life! Schedule your showing now! The property is boarded up so an advance notice is required. With the right owner and care the cash flow is endless.