NORRISTOWN, PA 19401 Norristown, PA 19401
MULTI_FAMILY - NORRISTOWN, PA
Property Features
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Standard status
- Active
- Size
- 2,374 SF
Building Details
- Year built
- 1930
Listing agent Cindy Marcinkowski (215) 480-2665
Listing office BHHS Fox & Roach Blue Bell PA (215) 542-2200
Listing date Apr 21, 2026
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.
The property is located in Norristown, Pennsylvania, and is described as conveniently near shopping, dining, transportation, and major routes. Buyer is responsible for the U&O, and the owner will guide the buyer through the current tenant onboarding and transition process to support a smooth change of ownership.
Key Highlights
- Duplex built in 1930 with bright, well‑maintained living spaces
- Unit #1: 2 bed, 1 bath, updated with new paint and flooring
- Unit #2: 3 bed, 1 bath with spacious living spaces
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 | $52.7k | $22.20 |
| − Vacancy | −$3.4k | −$1.44 |
| EGI | $49.3k | $20.76 |
| − OpEx | −$14.8k | −$6.23 |
| NOI | $34.5k | $14.53 |
