36 38 E Spruce St , Norristown Boro is a $474,900 home on a 0.08 acre lot located in Norristown, PA.
Investor Alert! This is a 6-unit, mixed use building located on the corner of Spruce and Willow. Currently the building is divided into 6 separate units. A commercial store front (currently operated as a grocery store), 4- one bedroom / one bathroom apartments, and 1- two bedroom/ 1 bath apartment. Ideal for those who are looking to live in one unit and rent the other three out, or for those looking to add to their portfolio! All six units are currently rented. Potential to collect higher rents on a few of the units! Currently collecting $6150 in rents with projected rent estimated to be just shy of $7,000/month. Walking distance to several shops and restaurants, easy access to main roads and public transportation including train and bus routes. Call us today to schedule your private tour. Seller is also selling 551 Cherry St just a few blocks away (a 4 unit building)!
| Appliances | Hot Water - Electric |
| Interior Features | Accessibility Features - None |
| Cooling Types | None Cooling Fuel - None |
| Heating Types | Hot Water Heating Fuel - Natural Gas Heating - Yes |
| Parking Types | Parking Type - None |
| Construction Types | Brick Masonry |
| Water Source | Public |
| Sewer | Public Sewer |
| Property Type | Commercial Sale |
| Property Sub Type | Mixed Use |
| Style | Standard Fee Simple Grocery/Supermarket Health/Natural Food |
| Year Built | 1900 |
| HOA Fee | $0.00 |
| Condo Fee | $0.00 |
| Taxes | $8,084.00 |
| County | montgomery |
| School District | norristown area |
| Neighborhood | Norristown |
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