538 GEORGE ST Under Contract

Norristown,PA 19401

$ 280000

- Bed

- Bath

2158 SqFt


Key Details

Property Type Townhouse

Sub Type Twin/Semi-Detached

Listing Status Under Contract

Purchase Type For Sale

Square Footage 2,158 sqft

Price per Sqft $129

MLS Listing ID PAMC2138240

Style Straight Thru

Year Built 1875

Available Date 2025-05-15

Tax Year 2025

Lot Size 2,200 Sqft

Property Sub-Type Twin/Semi-Detached

Property Description

COMING SOONl Turnkey Duplex Offering Possible Assumable FHA 2.25% Interest Rate Mortgage for Qualified Buyers! Desirable solid-brick twin duplex with excellent rental history. Each spacious unit has a private entrance, separate gas heater, and has been updated and well maintained. New roofs (2018). 1st Floor Unit (Occupied): 1 large bedroom, living room, full eat-in kitchen w/ pantry, full bath w/ shower, access to basement w/ W/D hookup, and fenced backyard. 2nd Floor Unit (Occupied): 3 BRs, living room, kitchen, dining area, and full bath. Building is Section 8 approved and have had long-term tenants. Both tenants have leases which expire in August and December of 2025 but BOTH tenants would love to stay if the new owners want them to. 1st fl. currently pays $1,195 p/month and 2nd fl. pays $1,350 p/month. Cash flow potential. Perfect for investors or owner-occupants.

Bonus: Qualified buyers may be able to assume the seller's current low FHA 2.25% interest rate mortgage with the seller's current mortgage lender—an incredible financing opportunity! Special terms must be met.

NOTE: For now, showings take place exclusively at the Open Houses being hosted Saturday, May 17, 1:00p-3:00p and Sunday, May 18, 1:00p-3:00p.

Location

State PA

County Montgomery

Area Norristown Boro (10613)

Zoning R2

Interior

Hot Water Natural Gas

Heating Radiator,Radiant,Baseboard - Hot Water

Cooling Window Unit(s)

Flooring Carpet,Laminated

Exterior

Water Access N

View Street

Roof Type Flat

Building

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Structure Type 9'+ Ceilings

New Construction N

Schools

School District Norristown Area

Others

Acceptable Financing Cash,Conventional,FHA,VA

Listing Terms Cash,Conventional,FHA,VA

Special Listing Condition Standard

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