NORRISTOWN, PA 19401 Norristown, PA 19401
MULTI_FAMILY - NORRISTOWN, PA
Property Features
General Information
- Property type
- Residential Multi Family
- Property subtype
- Townhouse
- Bedrooms
- 4
- Rooms
- Bedroom 3, Bedroom 2, Bedroom 1, Bedroom 4
- Standard status
- Active
- Size
- 1,992 SF
Building Details
- Year built
- 1885
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 (Montgomery County) and is positioned near local amenities, shopping, dining, and major commuter routes.
Buyer should note that they will be responsible for U&O, and the owner will guide the buyer through the current tenant onboarding and transition process.
Key Highlights
- Fully duplex currently used as a rental property and tenant‑occupied under a long‑term lease
- 4‑bedroom layout (Bedrooms 1–4 listed) with flexible living space
- New flooring and freshly painted interior
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 | $44.2k | $22.20 |
| − Vacancy | −$2.9k | −$1.44 |
| EGI | $41.3k | $20.76 |
| − OpEx | −$12.4k | −$6.23 |
| NOI | $28.9k | $14.53 |