Fully Rented Triplex with Separate
619 West Main Street Norristown, PA 19401
619 West Main Street, Norristown, PA, 19401
$559,000
Pending
For Sale
$559,000
Pending
Well-maintained 3-unit triplex includes separate 100-amp service for each unit and unit-level washer/dryer in Unit 1.
Property Size3,480 SF
Days on Market93
Property Features for 619 West Main Street
General Information
- Standard status
- Pending
- Size
- 3,480 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1910
Listing agency
BHHS Fox & Roach-Blue Bell
(215) 480-2665
Listed by
Cindy Marcinkowski · License #RS347703
(215) 480-2665
Source
Compass
Added: Apr 21 Updated: Jul 21 at 5:55PM Checked: Jul 22 at 7:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHHS Fox & Roach-Blue Bell
Investment Insights
Based on property information with market context.
Well-maintained triplex featuring three rented residential units. Unit 1 is a 3-bedroom, 1-bath layout and includes an in-unit washer and dryer. Unit 2 offers a 2-bedroom, 1-bath configuration. Unit 3 is a 2-bedroom, 1-bath unit on the third floor. The property has separate 100-amp service for each unit.
The triplex is located in Norristown Boro within Montgomery County, Pennsylvania. Buyer is responsible for U&O, and the owner will guide the buyer through the current tenant onboarding and transition process.
The triplex is located in Norristown Boro within Montgomery County, Pennsylvania. Buyer is responsible for U&O, and the owner will guide the buyer through the current tenant onboarding and transition process.
Key Highlights
- Well‑maintained 3‑unit triplex (triplex) with separate 100‑amp service for each unit
- Unit 1: 3‑bedroom, 1‑bath with in‑unit washer and dryer
- Unit 2: 2‑bedroom, 1‑bath
Local 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
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Well-maintained 3-unit triplex includes separate 100-amp service for each unit and unit-level washer/dryer in Unit 1.
Where is this triplex located?
The property is located at 619 West 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: Well‑maintained 3‑unit triplex (triplex) with separate 100‑amp service for each unit; Unit 1: 3‑bedroom, 1‑bath with in‑unit washer and dryer; Unit 2: 2‑bedroom, 1‑bath
