Renovated Single-Family Rental
541 GEORGE STREET Norristown, PA 19401
For Sale
$329,000
SINGLE_FAMILY - NORRISTOWN, PA
Property Size2,036 SF
Price / SF$161.59
Days on Market95
Property Features for 541 GEORGE STREET
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 5, Bedroom 1, Bedroom 2, Bedroom 4
- Standard status
- Active
- Size
- 2,036 SF
Building Details
- Year built
- 1900
Listing Agency:
BHHS Fox & Roach Blue Bell
(215) 542-2200
Listed By:
Cindy Marcinkowski · License #RS347703
(215) 480-2665
Added: Apr 20
Changed: Jul 23
Last Checked: Jul 23 at 12:06PM
MLS# PAMC2176080
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.
This fully renovated tenant-occupied single-family home offers five bedrooms and two full bathrooms. Interior updates include new flooring and freshly painted surfaces, with generously sized rooms and additional storage throughout. A covered front porch adds curb appeal, while a private yard and rear parking support day-to-day tenant convenience.
Buyer is responsible for U&O. The owner will guide the buyer through the current tenant onboarding and transition process to support a seamless transfer of ownership.
The property’s flexible layout provides a practical option for investors seeking immediate occupancy and for an owner-occupant looking to move into a renovated, income-producing residence.
Buyer is responsible for U&O. The owner will guide the buyer through the current tenant onboarding and transition process to support a seamless transfer of ownership.
The property’s flexible layout provides a practical option for investors seeking immediate occupancy and for an owner-occupant looking to move into a renovated, income-producing residence.
Key Highlights
- Fully renovated single‑family home built in 1900 with 5 bedrooms and 2 full bathrooms
- Tenant‑occupied property with immediate cash flow for the next owner
- Large, generously sized rooms and a flexible layout with multiple bedrooms (Bedroom 1–5)
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 | $53.3k | $26.16 |
| − Vacancy | −$3.2k | −$1.60 |
| EGI | $50.0k | $24.56 |
| − OpEx | −$22.5k | −$11.05 |
| NOI | $27.5k | $13.51 |
2,036 SF · lease $26.16/SF/yr · vacancy 6.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$393.0K
$343.8K – $458.5K
NOI $27,507 @ 7.0% cap · market cap 8.36%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.17M
$1.02M – $1.37M
NOI $81,979 @ 7.0% cap · market cap 24.92%
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
FAQs
What type of property is this?
Single family property - Tenant-occupied, fully renovated 5-bedroom single-family home with two full baths, covered front porch, rear parking, and a private yard.
Where is this single family property located?
The property is located at 541 GEORGE STREET Norristown, PA.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: Fully renovated single‑family home built in 1900 with 5 bedrooms and 2 full bathrooms; Tenant‑occupied property with immediate cash flow for the next owner; Large, generously sized rooms and a flexible layout with multiple bedrooms (Bedroom 1–5)
