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
- 3,480 SF
Building Details
- Year built
- 1910
Listing agent Cindy Marcinkowski (215) 480-2665
Listing office BHHS Fox & Roach Blue Bell PA (215) 542-2200
Listing date Apr 21, 2026
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Investment Insights
Based on property information with market context.
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
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 |
