Three-Unit Residential Income
For Sale
$345,000
Pending
706 CHAIN STREET, Norristown, PA 19401
Three-unit multifamily property offers rental income potential with owner-occupant flexibility in Norristown.
Property Size2,458 SF
Days on Market61
Property Features for 706 CHAIN STREET
General Information
Standard status
Pending
Size
2,458 SF
Property subtype
Triplex
Additional Details
Highway Access
Yes
Multifamily Units
3
Building Details
Year Built
1900
Listing Agency:
Coldwell Banker Realty
(610) 373-9900
Listed By:
CJ Pierre · License #0225264399
(717) 925-9172
Source:
Cummingsrealtors
Added: Jul 13
Changed: Sep 10
Last Checked: Sep 11 at 6:17AM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This three-unit residential income property is set up to provide rental income across all units, with flexibility for either investor ownership or owner occupancy. The property is offered for sale in Norristown.
Public remarks note convenient access to US-202, I-476, and the Pennsylvania Turnpike, along with proximity to SEPTA transportation and nearby shopping, restaurants, parks, schools, and everyday amenities.
The offering is positioned as a three-unit configuration designed to support multiple sources of rental income.
Public remarks note convenient access to US-202, I-476, and the Pennsylvania Turnpike, along with proximity to SEPTA transportation and nearby shopping, restaurants, parks, schools, and everyday amenities.
The offering is positioned as a three-unit configuration designed to support multiple sources of rental income.
Key Highlights
- Three‑unit multifamily property built in 1900
- Income potential with options to lease all three units or live in one unit and rent the other two
- Convenient Norristown neighborhood with quick access to US‑202, I‑476, and the Pennsylvania Turnpike
Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,722
Businesses Nearby
Explore this area
Business Placement
Demographics for 19401, PA
43,414
Population
18,236
Households
2.4
Avg Household Size
36
Median Age
28%
College-Educated
86%
High-School Grad
6.2 sq mi
ZIP Area
7,002
Density / Sq Mi
$68,646
Median Household Income
$38,050
Median Earnings
$1,392
Median Rent
$225,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit multifamily property offers rental income potential with owner-occupant flexibility in Norristown.
Where is this triplex located?
The property is located at 706 CHAIN STREET Norristown, PA.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Three‑unit multifamily property built in 1900; Income potential with options to lease all three units or live in one unit and rent the other two; Convenient Norristown neighborhood with quick access to US‑202, I‑476, and the Pennsylvania Turnpike
