501 Swede Street, Norristown, PA 19401-4837 $829,000

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# of Units: 4
Interior Sq. Ft: 7,400
Acreage: 0.07
Age:125 years
Taxes: $7,884
MLS#: PAMC2110606
Design/Type:
Detached

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.​

Taxes: $7,884
Home Assoc: No
Condo Assoc: No
Garage: N
Basement:
Pool: No Pool
School Dist: Norristown Area
High School: Norristown

Features

Utilities
Forced Air Heating, Electric, Wall Unit Cooling, Electric, Hot Water - Electric, Public Water, Public Sewer

Garage/Parking
Off Street, Parking Lot, Lighted Parking, Paved Parking, Private Parking

Interior
High Ceilings, Plaster Walls

Exterior
Cool/White Roof, Brick Exterior, Street Lights

Lot
Corner Lot/Unit, City View

Contact Information

Schedule an Appointment to See this Home
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or call me now at 302-576-6801

Listing Courtesy of: Realty Mark Associates - KOP , (215) 376-4444, bill@billmulhern.com

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Listing data as of 3/16/2025.