Posted more than 180 days ago

1120 Markley St, Norristown PA 19401

Multi-Family Home
FEATURED LISTING
Description provided by Trulia.
Description provided by Realty Trac.
Wonderful opportunity awaits the investor looking for a nice duplex in Norristown Borough. This is a large 3 plus 1 duplex with 2,052 square feet of living space. Unit on 2nd/3rd floors has 3 bedrooms, rents for $900/month, and is Section 8 approved. This unit is rented through April 2010. First floor unit has 1 bedroom, rents for $600/month, and has lease which extends through November 2009. This unit had Section 8 approval for previous tenant. If positive cash flow is your goal, this is a great deal; just do the math. Combined rental income is $1,501/month or $18,012/year. Separate heat and electric for each unit, paid by tenants. Owner pays for water and sewer. Stable rental history and location make this a great deal. Copies of leases and section 8 approval are on file in the office and… Show more will be provided to buyer upon execution of Agreement of Sale. Remember: Section 8 approval virtually guarantees steady rental income! Make your appointment today. Please be willing to overlook tenant clutter.
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Home facts for 1120 Markley St

Listing Details

Status For Sale
Listing Type Resale
MLS/Source ID 5522206
Lot size 22.0 acres
Total views
(as of 12/21/09)
36

 

Year built 1900
Days on Trulia 180+
ZIP code 19401

Contact info

Weichert, Realtors
Provided by: Weichert.com
Broker: Weichert, Realtors
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Additional information about 1120 Markley St

Elementary
Middle
High
SCHOOL NAME SCHOOL TYPE PARENT RATING DISTANCE (mi)
Gotwals Elementary School
Norristown Area School District
Public
0.28
My family has gone to Joseph K. Gotwals Elementary School. The environment is congruent to a productive student. The children's education is a priority…
Pennsylvania Virtual Cs
Pennsylvania State Department Of Education
Public
0.58
PAVCS is the best thing that has happened to my son. Attending PAVCS has given him the opportunity to be the best he can be !!
Hancock Elementary School
Norristown Area School District
Public
0.67
When my child was starting Kindergarten we visited and researched elementary schools all over the area. After all of our research we chose Hancock. The…
St Francis Of Assisi School
Catholic
0.69
my son has been in this school since pre-k and even dispite his reading disability, he still loves school. they have gone above and beyond what they as…
Marshall Street Elementary School
Norristown Area School District
Public
1.13
Marshall Street Elementary is an overall wonderful school! They offer Reading, Math, Science, Social Studies, Art, Music, Health, Gym & Library. The Faculty…
Proximity to this address does not guarantee enrollment eligibility. Please contact a local real estate pro for more info
Weichert, Realtors
Tel: (800) 903-8096
 
Resource Center
This Multi-Family Home located at 1120 Markley St, Norristown PA, 19401 is currently for sale and has been listed on Trulia for 238 days. This property is listed by Weichert.com for $137,500. The property has a lot size of 958,320 square feet and was built in 1900. 1120 Markley St is in Norristown and in ZIP Code 19401. The list price of $137,500 is 28% lower than the average list price of $191,138 for 19401 real estate and 42% lower than the average list price of $237,258 for Norristown, PA real estate. The price for this property is 11% lower than the average sales price of $155,193 for 19401 and 28% lower than the average sales price of $190,463 for Norristown.
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