Two-Bedroom Residential Income
NORRISTOWN, PA 19401 Norristown, PA 19401
Norristown, PA, 19401
$205,000
Pending
For Sale
$205,000
Pending
SINGLE_FAMILY - NORRISTOWN, PA
Property Size1,248 SF
Days on Market59
Property Features
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 2
- Bathrooms
- 1
- Rooms
- Bedroom 1, Bedroom 2
- Standard status
- Pending
- Size
- 1,248 SF
Building Details
- Year built
- 1926
Listing Agency
BHHS Fox & Roach Yardley-Newtown Sales Center
(215) 860-9300
PA
Listed by
David Alvarez
(267) 784-1716
Added: May 21 Checked: Jul 18 at 7:06 am
MLS# PAMC2180178
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Welcome to 828 High St in Norristown, PA, a spacious two-bedroom, one-bath home with approximately 1,248 square feet of living space. The interior features a functional floor plan with connected living and dining areas on the main level, and well-proportioned bedrooms upstairs.
A key outdoor feature is the spacious backyard, providing room for outdoor enjoyment and gatherings. The property is positioned for everyday convenience with proximity to local shopping, restaurants, parks, public transportation, and major commuter routes.
This home is offered for sale and may appeal as either an owner-occupied residence or a residential income opportunity.
A key outdoor feature is the spacious backyard, providing room for outdoor enjoyment and gatherings. The property is positioned for everyday convenience with proximity to local shopping, restaurants, parks, public transportation, and major commuter routes.
This home is offered for sale and may appeal as either an owner-occupied residence or a residential income opportunity.
Key Highlights
- 2‑bedroom, 1‑bath home with 1,248 sq. ft. of living space
- Built in 1926
- Functional main‑level layout connecting living and dining areas
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.6k | $26.16 |
| − Vacancy | −$2.0k | −$1.60 |
| EGI | $30.7k | $24.56 |
| − OpEx | −$13.8k | −$11.05 |
| NOI | $16.9k | $13.51 |
1,248 SF · lease $26.16/SF/yr · vacancy 6.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$240.9K
$210.8K – $281.0K
NOI $16,861 @ 7.0% cap · market cap 8.22%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$717.9K
$628.1K – $837.5K
NOI $50,250 @ 7.0% cap · market cap 24.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Spacious two-bedroom, one-bath home with a functional interior layout and a spacious backyard in Norristown.
Where is this single family property located?
The property is located at Norristown, PA.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: 2‑bedroom, 1‑bath home with 1,248 sq. ft. of living space; Built in 1926; Functional main‑level layout connecting living and dining areas
