Fully Rented Triplex with Separate
619 W MAIN STREET Norristown, PA 19401
For Sale
$559,000
MULTI_FAMILY - NORRISTOWN, PA
Property Size3,480 SF
Price / SF$160.63
Days on Market94
Property Features for 619 W MAIN STREET
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Standard status
- Active
- Size
- 3,480 SF
Building Details
- Year built
- 1910
Listing Agency:
BHHS Fox & Roach Blue Bell
(215) 542-2200
Listed By:
Cindy Marcinkowski · License #RS347703
(215) 480-2665
Added: Apr 21
Changed: Jul 23
Last Checked: Jul 23 at 4:06PM
MLS# PAMC2176344
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 rented triplex in Norristown, PA offers a straightforward three-unit setup with separate 100-amp service for each unit. Unit 1 is a 3-bedroom, 1-bath layout and includes an in-unit washer and dryer. Unit 2 features a 2-bedroom, 1-bath configuration. Unit 3, located on the third floor, is also a 2-bedroom, 1-bath unit.
The property is being sold as a multi-unit residential income opportunity, supported by the separate utilities intended to simplify tenant billing and day-to-day management.
The buyer is responsible for U&O, and the owner will guide the buyer through the current tenant onboarding and transition process to support a seamless change of ownership.
The property is being sold as a multi-unit residential income opportunity, supported by the separate utilities intended to simplify tenant billing and day-to-day management.
The buyer is responsible for U&O, and the owner will guide the buyer through the current tenant onboarding and transition process to support a seamless change of ownership.
Key Highlights
- 1910‑built fully rented 3‑unit triplex with separate living spaces
- Three separate 100‑amp service setups, one per unit, for easier management and tenant billing
- Unit 1: 3‑bedroom, 1‑bath with in‑unit washer and dryer
Financial Insights For Multifamily LT 5
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 | $77.3k | $22.20 |
| − Vacancy | −$5.0k | −$1.44 |
| EGI | $72.2k | $20.76 |
| − OpEx | −$21.7k | −$6.23 |
| NOI | $50.6k | $14.53 |
3,480 SF · lease $22.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$722.3K
$632.1K – $842.7K
NOI $50,564 @ 7.0% cap · market cap 9.05%
Second Best
Apartment 5plus
$671.7K
$587.7K – $783.6K
NOI $47,016 @ 7.0% cap · market cap 8.41%
Theoretical Best
Specialty Retail
$2.00M
$1.75M – $2.34M
NOI $140,121 @ 7.0% cap · market cap 25.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Three fully rented units feature separate 100-amp service for each unit and in-unit washer/dryer in Unit 1.
Where is this triplex located?
The property is located at 619 W MAIN STREET Norristown, PA.
What is the asking price?
The asking price for this property is $559,000.
What are key features of this property?
This property features: 1910‑built fully rented 3‑unit triplex with separate living spaces; Three separate 100‑amp service setups, one per unit, for easier management and tenant billing; Unit 1: 3‑bedroom, 1‑bath with in‑unit washer and dryer
