$829,000

501 SWEDE STREET, Norristown, PA 19401

  • 7,400 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon3,049sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $112/sqft
  • Property List Date Icon Listed 11 months ago

Property Description

Across the street from the county seat Montgomery County Court House. The property is in a prime location. Just a 1-block walk to the bus stop, grocery store . A short walk to Elmwood Park, the Norristown Zoo, Montgomery County Courthouse, train station (to Philadelphia) and the Norristown Public Library. Five-minute drive to King of Prussia, 30 minutes to Philadelphia. This is a rare opportunity to own 4 apartments under one roof and a commercial space great for a Starbucks. The rental demand in this area is strong. Montgomery County Housing Authority reimbursement for an apartment in this area is see attachment a month (per unit). If you haven't recently visited, you may not have seen all the improvements that have occurred in Norristown from streetscapes, the cultural district, and major transportation improvement projects to thriving neighborhoods - commercial growth in Norristown is on the rise. Norristown is home to many new businesses - and existing businesses are expanding. The Recreation Department provides programs for children and adults throughout the year. The Thomas Barone Memorial Complex offers 3 athletic fields, one with lights, for youth baseball and softball programs. Latshaw Field is host to the Chestnut Hill University Baseball Team. Elmwood Park offers: Bocce Ball, picnic areas, a brand new impressive 3 story playground, as well as outdoor concerts on Sundays and volleyball. The property along the Norristown riverfront is readied for redevelopment and the path forward for a thriving riverfront in place. Schuylkill River Trail and Norristown Transportation Center development has been completed. The 70-acre parcel that was the former site of the State Hospital was deeded to Norristown borough from the state last year. Plans for the re-development of this site are nearing completion.​

Listing Status:
Active
Date Added:
February 3, 2025 at 06:00AM
Listing Office:
Realty Mark Associates - KOP : 2153764444
Listing Agent:
George Korkus Jr : 6102139200
MLS ID:
PAMC2110606
  • A/C: Wall Unit
  • Heating: YForced AirElectric
  • Disability Feature: None

This listing courtesy of George Korkus Jr, Realty Mark Associates - KOP

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Gotwals Elementary School

1 E Oak St, Norristown, PA, 19401

Grades 1-4

0.24 miles away

S

Stewart Middle School

1315 W Marshall St, Norristown, PA, 19401

Grades 5-8

1.03 miles away

N

Norristown Area High School

1900 Eagle Dr, Norristown, PA, 19403

Grades 9-12

2.31 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.