$295,000
 $1,584 est/mo Sourced by Back At You

535 E Lafayette St,NORRISTOWN, PA 19401

NORRISTOWN, PA 19401

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Description

Two units, both leased, both renovated. Unit 1 is a 2 bed, 1 bath renting for $1,500/mo. Unit 2 is a 1 bed, 1 bath renting for $1,125/mo. That's $31,500 in gross annual rent with tenants already in place, so you start collecting on day one. Both units were updated with LVP flooring throughout and fresh neutral paint. The kitchens have stainless appliances and tile backsplashes. The baths are updated with modern fixtures, and the brick exterior keeps maintenance low. A plug-and-play income property for investors who want cash flow without a renovation. It also works for an owner-occupant who wants to house hack, living in one unit while the other covers a big piece of the mortgage.

Details

MLS #PAMC2194910
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Year1920
Days On Site16
Listing Provided ByKeller Williams Realty Wilmington | sAAJAN Patel

Features

SQ Feet1,456
BasementY
Units2
Zoning1132 RES: DUPLEX
Acreage0.03

Interior

CoolingWindow Unit(s)
Heating Yes / NoYes
HeatingCentral

Exterior

Construction MaterialsBrick
Foundation DetailsBlock

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount2279

Area Information

StatePA
CountyMONTGOMERY PA
CityNORRISTOWN
Zip Code19401
AreaNorristown Boro (10613)
School DistrictNORRISTOWN AREA
Listing VS Median (in 19401)
Price:
$295,000
low | high
Med:
$262,450
61.033898305085% of Average
sqft:
1,456
low | high
Med:
1,540
44.230769230769% of Average
$ / sqft:
$203
low | high
Med:
$176
63.28222693032% of Average
On site:
16
low | high
Med:
102.5
15.609756097561% of Average
Sourced by Back At You

Market Activity 19401

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Learn More About This Property

Class-Harlan Real Estate

Class-Harlan Real Estate

 (215) 348-8111info@classharlan.com
StatePA
CountyMONTGOMERY PA
CityNORRISTOWN
Zip Code19401
AreaNorristown Boro (10613)
School DistrictNORRISTOWN AREA
Listing VS Median (in 19401)
Price:
$295,000
low | high
Med:
$262,450
61.033898305085% of Average
sqft:
1,456
low | high
Med:
1,540
44.230769230769% of Average
$ / sqft:
$203
low | high
Med:
$176
63.28222693032% of Average
On site:
16
low | high
Med:
102.5
15.609756097561% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $221K - $368K
sqft: 1,000 - 1,500
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15 COATES ST Property Photo 1
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Listing Updated: October 5, 2026 at 1:25:31 PM PDT
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