512 Chain St, Norristown, PA 19401

$329,900
2,235
SqFt

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List Price
$329,900
MLS#
PAMC2196704
Status
ACTIVE UNDER CONTRACT
Type
Multifamily
City
Norristown
Area
Norristown Boro (10613)
County
Montgomery
Living Area
2,235
Lot Size
2,000
Year Built
1900

Property Description

Welcome to 512 Chain Street, a three-story brick twin configured as a triplex in Norristown Borough, Montgomery County. This property offers an excellent opportunity for investors or buyers looking to occupy one unit while collecting rental income from the other two. The first-floor one-bedroom unit is accessed through the main hallway and features an eat-in kitchen with updated cabinetry, tile flooring, an electric oven, microwave, refrigerator, and ceiling fan light. A rear door leads to a porch and private fenced yard. A formal dining room and living room offer double-door closets, while a powder room and basement access with a washer, dryer, and laundry tub add convenience. This unit is currently vacant following the expiration of the tenant’s lease on August 31, 2026, and previously rented for $1,450 per month. The second-floor rear one-bedroom/studio unit rents for $1,050 per month and includes a spacious eat-in kitchen with an electric oven, refrigerator, and ceiling fan light, a large carpeted bedroom, and a full bathroom with a tub/shower combination. Occupying the second-floor front and the entire third floor, the two-bedroom unit rents for $1,300 per month. This unit features a generously sized eat-in kitchen with a pantry closet, gas cooking, refrigerator, and ceiling fan light, along with a large carpeted living room with a closet. A full hallway bathroom includes tile walls in the shower area, and both third-floor bedrooms offer closet storage. Each unit has a separate electrical panel. Updates include newer windows throughout, select flooring, and newer main and lower rear roofs. Conveniently located near US Route 202, I-476, the Pennsylvania Turnpike, and SEPTA transportation, with easy access to shopping, restaurants, parks, and schools. Schedule your showing today!

Additional Information

Property Taxes
$3,452
Acres
0.05
Appliances
Built-In Microwave, Microwave, Oven, Electric Range, Range Hood, Refrigerator, Washer, Dryer, Dryer
Basement
Full, Poured, Unfinished, Windows, Other
Cooling
Ceiling Fan(s)
Interior Features
Shower Stall, Tub Shower, Breakfast Area, Some Carpeting, Ceiling Fans, Separate Dining Room, Traditional Floorplan, Eat-in Kitchen, Pantry, Window Treatments
Living Area
2,235
Lot Size
2,000
Region
Norristown Boro (10613)
School District
Norristown Area
Sewer
Public Sewer
Style
Colonial, Traditional
Subdivision
Norristown
Utilities
Electric Available, Natural Gas Available, Telephone
View
City
Zoning
R2

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Listing courtesy of BHHS Fox & Roach-West Chester. Contact:

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