652 Astor Street

Description

Once upon a Time, looking for an investment property, this owner found a house that could be turned into a home with some loving care and improvements so he bought it. Over a span of 16 years it was fixed-up and maintained and served as a home to a number of tenants that enjoyed living in this Norristown classic townhouse. This home offers a fantastic opportunity to own your own rental investment property or to call it your own home. There are some great first-time homebuyer programs available with low down payments and grant monies, if you qualify. Located within the municipality of Norristown,. Close to local restaurants and shopping plus it's a quick trip to the King of Prussia Plaza and all of its shopping. Public transportation to downtown Philadelphia and the airport, Valley Forge Park and its many trails or visiting the Elmwood Park Zoo is also easy. The home was freshly painted inside. It does feature a first floor living room and dining room with original hardwood floors and a separate kitchen and full bathroom. Kitchen has a gas stove. On the second level, is the primary and two other bedrooms and a hall bath. Third level has an additional two bedrooms. There is a back yard and off-street parking pad. Also has a basement with gas fired forced hot water heat and newer gas water heater. Most recently it was leased to a tenant who had lived here for over 10yrs and provided great rent of $1,920.00/month. It could continue to be used as an income producing investment. As a 5 bedroom 2 bath rental, $2,500/month rental income is possible. Which ever way works for you, the house offers tons of potential. Owner has decided that it is now time to part ways and pass this opportunity on to another. Even though the property has a current Norristown Rental License, Buyer will be responsible for cost of obtaining U & O and any necessary repairs including scheduling and being present at all appointments and making sure this is completed in time for settlement. Owner is a licensed RE Broker; has a financial interest in this property and as a retired Home Inspector he encourages a buyer to perform own inspections so they know what they are getting. Owner makes no warranties on the condition of the property. Property is being sold in AS-IS condition with recent price improvements. Here+GGs wishing for a happy ending to this story so don+GGt wait too long before it is gone, especially with recent price improvement...