MLS® ID: PAMC641852

705 CHAIN STREET

NORRISTOWN, Pennsylvania, 19401

$89,000 Active
  • 5 Beds
  • 3 Baths
  • 2664 SQFT
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.
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Listing courtesy of Keller Williams Real Estate Tri-County

Amenities

  • Full baths
    3
  • Half baths
    0
  • Full Baths Range
    3 Baths
  • Total Baths
    3
  • Zip
    19401
  • Office name
    Keller Williams Real Estate Tri-County
  • Subdivision
    NORRISTOWN
  • SQFT
    2664
  • Bedrooms
    5
  • Property type
    Residential
  • Zoning type
    R2
  • School district
    NORRISTOWN AREA
  • Year built
    1875
  • Lot size
    0.07
  • Sewer
    Public Sewer
  • Heating
    90% Forced Air
  • Agent name
    Pradeep John
  • Purchase Type
    Active
  • Price Range
    < $100k
  • Square Feet Range
    2500-3000 sq ft.
  • Bedrooms Range
    5 Beds
  • Year Built Range
    1989 (and earlier)
  • Office ID
    KELWLMPH
  • Agent ID
    3184400

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