1449 Powell St, Norristown, PA 19401

$429,900
2,828
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$429,900
Days on Market
27
Status
ACTIVE
MLS#
PAMC2186170
Living Area
2,828
Lot Size (Acres)
0.12
Style
Other
Year Built
1890
County
Montgomery
School District
Norristown Area

Property Description

Triplex + 2 Garages and Storage unit rented | Fully Occupied | Strong Cash Flow Welcome to 1449 Powell St, an income‑producing triplex offering multiple revenue streams, stable tenancy, and low ongoing maintenance. This property is fully occupied and delivers immediate cash flow, making it ideal for investors, 1031 buyers, and owner‑occupants seeking rental income. This building features three fully leased residential units two 1 bedroom units and one 2 bedroom unit, each with reliable long‑term tenants and documented payment history. In addition to the residential units, the property includes two rented garage bays and one additional storage unit within the garage structure — all currently generating income. The basement also contains multiple storage bins, which the landlord can rent individually for additional revenue. These ancillary income opportunities significantly enhance the property’s cash flow and cap rate performance. Seller has buyer package containing: T12, utility breakdown, and lease summaries. Can be emailed on request.

Additional Information

Area
Norristown Boro (10613)
Taxes
$7429
School District
Norristown Area
Garage
Yes
Garage Spaces
2
Heating
Baseboard - Hot Water
Heating Fuel
Natural Gas
Cooling
None
Water
Public
Sewer
Public Sewer
Basement
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of HomeZu by Simple Choice. Contact: (855) 885-4663