Selea Andrews - Coachman Properties Logo
$4,919,400
 $26,408 est/mo Sourced by Back At You

1321 Redwood Ln,NORRISTOWN, PA 19401

NORRISTOWN, PA 19401

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Description

PACKAGE DEAL ONLY! WILL NOT BE SOLD INDIVIDUALLY. Exceptional investment portfolio deal featuring 19 total properties/units across Norristown, PA (19401). Generating a total gross monthly income of $40,095.00 ($481,140.00 annually) with total annual property taxes of $49,439.00, offered at a strong 10% Cap Rate with an asking price of $4,919,400.00. Included Properties & RentBreakdown:1321 Redwood Ln: 4 Bed / 2 Bath ($2,280/mo) 107 Stanbridge St: 4 Bed / 1 Bath ($2,200/mo) 145 W Elm St: 4 Bed / 1 Bath ($1,900/mo) 151 W Elm St: 4 Bed / 1 Bath ($2,135/mo) 153 W Elm St: 4 Bed / 1 Bath ($2,000/mo) 157 W Elm St (Triplex): Apt A ($2,050/mo) | Apt B ($1,650/mo) | Apt C ($1,698/mo) Elm St Basement Laundry: Coin-Operated Basement Laundry ($326/mo) 712 Astor St: 3 Bed / 1 Bath ($1,850/mo) 220 W Spruce St: 3 Bed / 1.5 Bath ($1,780/mo) 828 Smith St: 3 Bed / 1 Bath ($2,020/mo) 721 W Oak St: 3 Bed / 2 Bath ($1,788/mo) 234 W Spruce St: 3 Bed / 1 Bath ($1,425/mo) 770 Kohn St: 4 Bed / 1 Bath ($2,000/mo) 313 Buttonwood St: 2 Bed / 1 Bath ($1,780/mo) 305 Buttonwood St: 2 Bed / 1 Bath ($1,780/mo) 309 Buttonwood St: 2 Bed / 1 Bath ($1,500/mo) 717 W Oak St: 3 Bed / 1 Bath ($2,329/mo) 840 Haws Ave: 3 Bed / 1 Bath ($2,329/mo) 1032 Cherry St: 4 Bed / 1 Bath ($1,975/mo) 214 Pearl St: 4 Bed / 1.5 Bath ($2,200/mo) Package Combination Note: This 19401 Norristown package deal can also be purchased in combination with our 14-property portfolio package in Pottstown, PA (19464) or as a total mega-portfolio package.

Details

MLS #PAMC2198450
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Year1960
Days On Site11
Listing Provided BySpringer Realty Group | Gregory Martire

Features

SQ Feet12,000
Units1
ZoningR
Acreage0.04

Interior

CoolingCentral A/C
Heating Yes / NoYes
HeatingCentral

Exterior

RoofShingle
Construction MaterialsBrick

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount49439

Area Information

StatePA
CountyMONTGOMERY PA
CityNORRISTOWN
Zip Code19401
AreaNorristown Boro (10613)
School DistrictNORRISTOWN AREA
Elementary SchoolMARSHALL STREET
High SchoolNORRISTOWN AREA
Listing VS Median (in 19401)
Price:
$4,919,400
low | high
Med:
$250,000
100% of Average
sqft:
12,000
low | high
Med:
1,320
100% of Average
$ / sqft:
$410
low | high
Med:
$189
100% of Average
On site:
11
low | high
Med:
60
18.333333333333% of Average
Sourced by Back At You

Market Activity 19401

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Learn More About This Property

Selea Andrews

Selea Andrews

Coachmen Properties

MD-658063 & DC-SP200203575 (240) 481-2014seleawheredreamscomehome@gmail.com
StatePA
CountyMONTGOMERY PA
CityNORRISTOWN
Zip Code19401
AreaNorristown Boro (10613)
School DistrictNORRISTOWN AREA
Elementary SchoolMARSHALL STREET
High SchoolNORRISTOWN AREA
Listing VS Median (in 19401)
Price:
$4,919,400
low | high
Med:
$250,000
100% of Average
sqft:
12,000
low | high
Med:
1,320
100% of Average
$ / sqft:
$410
low | high
Med:
$189
100% of Average
On site:
11
low | high
Med:
60
18.333333333333% of Average
Sourced by Back At You
Listing Updated: November 3, 2026 at 9:46:24 PM PST

Selea Andrews - Coachman Properties