803 Forrest St, Conshohocken, PA 19428

$600,000
2,360
SqFt

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List Price
$600,000
MLS#
PAMC2189256
Status
ACTIVE UNDER CONTRACT
Type
Multifamily
Total Units
3
City
Conshohocken
Area
Conshohocken Boro (10605)
County
Montgomery
Living Area
2,360
Lot Size
3,049
Year Built
1920

Property Description

Prime Investment Opportunity in the Heart of Conshohocken! Positioned in one of Montgomery County's most sought-after communities, this triplex presents an outstanding opportunity to invest in a location where demand continues to thrive. Whether you're expanding your real estate portfolio or searching for the perfect owner-occupied investment, this versatile property offers immediate income potential with tremendous upside for future appreciation. Offered strictly As-Is, the building has been well cared for and consistently maintained over the years, providing a solid foundation for its next owner. The property features three separately metered units, allowing for simplified management and tenant utility responsibility. The first-floor residence offers 2 bedrooms and 1 full bath, while the second-floor 2-bedroom, 1-bath apartment enjoys its own private entrance from 14 W. 8th Street, creating added privacy and convenience. Both units are in overall average condition and present an excellent opportunity for cosmetic updates to maximize rental income and long-term value. Completing the property is a recently updated studio efficiency apartment featuring central air conditioning, providing an attractive, move-in-ready living space for tenants. Perfectly suited for investors or an owner-occupant seeking to offset living expenses with rental income, this property offers flexibility, strong income-producing potential, and the opportunity to add value over time. Located within the highly regarded Colonial School District and just minutes from Conshohocken's vibrant restaurant scene, boutique shopping, nightlife, regional rail service, and major commuter routes including I-76, I-476, and the Pennsylvania Turnpike, the location is second to none. With easy access to Center City Philadelphia, King of Prussia, and the Main Line, this is an investment in both real estate and lifestyle. 803 Forrest Street offers an exceptional opportunity to make your vision a reality. Both 2 Bedroom units are Tenant occupied. The Studio unit is vacant.

Additional Information

Property Taxes
$4,059
Acres
0.07
Cooling
Central A/C, Window Unit(s)
Living Area
2,360
Lot Size
3,049
Region
Conshohocken Boro (10605)
School District
Colonial
Sewer
Public Sewer
Stories
2
Style
Colonial
Subdivision
Conshohocken
Total Units
3
Zoning
RESIDENTIAL

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Calculator source: Real Geeks

Listing courtesy of Quality Real Estate-Broad St. Contact: 2154572600

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