NORRISTOWN, PA 19401 Norristown, PA 19401
MULTI_FAMILY - NORRISTOWN, PA
Property Features
General Information
- Property type
- Residential Multi Family
- Property subtype
- Townhouse
- Bedrooms
- 5
- Rooms
- Bedroom 3, Bedroom 2, Bedroom 4, Bedroom 5, Bedroom 1
- Standard status
- Pending
- Size
- 2,182 SF
Building Details
- Year built
- 1900
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.
Unit 1 is configured with 2 bedrooms and 1 bathroom, while Unit 2 offers a 3-bedroom, 1-bath layout. The unit mix provides variety in bedroom count between the two rentals.
The seller indicates the buyer will be responsible for U&O, and the owner will guide the buyer through the current tenant onboarding and transition process to support a seamless transfer of ownership. The property is located in Norristown, Pennsylvania, near shopping, dining, and major commuter routes.
Key Highlights
- 2‑unit income‑producing property built in 1900
- Unit 1: 2‑bedroom, 1‑bath layout (tenant‑occupied)
- Unit 2: 3‑bedroom, 1‑bath layout (tenant‑occupied)
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 | $48.4k | $22.20 |
| − Vacancy | −$3.1k | −$1.44 |
| EGI | $45.3k | $20.76 |
| − OpEx | −$13.6k | −$6.23 |
| NOI | $31.7k | $14.53 |
