1501 POWELL ST, Norristown, PA 19401
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Kelly Stipa

Kelly Stipa

+1(267) 249-9000
Listed by Andrew Spognardi • RE/MAX Signature
$299,900
Est. payment /mo
2,160 Sqft Lot
Save

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAMC2183974

Year Built 1930

Annual Tax Amount $5,466

Tax Year 2024

Lot Size 2,160 Sqft

Acres 0.05

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Great investment opportunity at 1501 Powell, a mixed use property with first floor commercial and second floor residential. The first floor is rented through 2028 and is currently a grocery market. The second floor apartment has been updated nicely, featuring 2 bedrooms and a spacious family room. The building has a large basement that can be utilized by the landlord for storage, as well as updated mechanicals.

over 9% cap rate, commercial tenant since 2023 and an updated apartment. Property being sold as-is, please contact listing agent for info on upstairs access.

Location

State PA

County Montgomery

Area Norristown Boro (10613)

Zoning R1A

Interior

Hot Water Electric, Natural Gas

Heating Radiator

Cooling Central A/C, Wall Unit

Heat Source Electric, Natural Gas

Exterior

Water Access N

Accessibility 2+ Access Exits

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Norristown Area

Others

Tax ID 13-00-31640-009

Ownership Fee Simple

Special Listing Condition Standard

Read Less Info
Bright MLS (BMLS)

Nearby School & Business

Get More Information

Kelly Stipa

Kelly Stipa

+1(267) 249-9000

REALTOR® | License ID: RS226297L

REALTOR® License ID: RS226297L

Name

Name

Phone*

Phone

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Kelly Stipa, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Neighborhood Property Listing SEARCH