See Home Value
Norristown 19401
723 ASTOR STREET
$239,094*
Multifamily - Off Market

723 ASTOR STREET

NORRISTOWN, PA 19401
bedrooms
Studio
bathrooms
0 Bath
square feet
2048 Sqft
$212,000 - $258,000
Reference Base Price*
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Duplex opportunity in the heart of the city steps from shopping and dining on Marshall Street, transportation and more. 2-unit ideal for an owner occupant or investor looking to start/add to a portfolio. 10 CAP rate! High income producing duplex with extremely low bills & great POSITIVE cash-flow. Very low maintenance. Potential Rent income produced $1,416 positive cash-flow per month & $17K+ per year after all expenses! Each unit pays for their own heat, hot water, electricity & cooking. Plus, an additional $50 for water each month. Owner pays ONLY Water/Sewer/Trash/Insurance ($5,004/year) & Taxes ($4094/year). Unit 1 (1BR) occupied $975/month ($11,700/year). Unit 2 (2BR) occupied $1,200/month ($14,400/year). Profit & Loss Math: $11,700+$14,400=$26,100-$4,094-$5,004=$17,002 Positive Cash flow.

The manager has listed the unit size as 2048 square feet.
Unit Size
2,048Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$115
Property Type
Multifamily
Property Taxes
$341
HOA Dues
-
Year Built
1900

Price History

Date / Event Date Event Price
Apr 12, 2023 No longer available -
No longer available
Apr 10, 2023 Sold $220,000
Sold
Feb 5, 2023 In contract -
In contract
Jan 6, 2023 Relisted $235,000
Relisted
Dec 28, 2022 No longer available -
No longer available
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Property Highlights

Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
Stu
-
1,803 ft²
$122/ft²
$219,900 May 11, 2022
-
$194/mo
Multifamily
Stu
-
2,273 ft²
$121/ft²
$275,000 Dec 9, 2022
-
$470/mo
Townhouse
3 Beds
1 Bath
1,696 ft²
$141/ft²
$239,900 Jan 4, 2023
-
$362/mo
Townhouse
5 Beds
1 Bath
1,450 ft²
$148/ft²
$214,900 May 12, 2022
-
$185/mo
Townhouse
4 Beds
1 Bath
1,628 ft²
$116/ft²
$189,000 Nov 9, 2022
-
$223/mo
Townhouse
4 Beds
-
5,717 ft²
$42/ft²
$240,000 Jan 26, 2023
-
$240/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

723 Astor Street 723 Astor Street, Norristown, PA 19401
  • 1 Unit for Sale
More about this Building
723 Astor Street
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About Norristown


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