Patterson-Schwartz Real Estate538 George Street, Norristown, PA 19401-4638 $280,000
With Pending Contract
Interior Sq. Ft: 2,158
Acreage: 0.05
Age:150 years
Design/Type:
Twin/Semi-Detached
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.
Condo Assoc: No
Basement:
Pool: No Pool
Features
Utilities
Baseboard - Hot Water Heating, Radiant Heating, Radiator Heating, Natural Gas, Window Unit(s) Cooling, Electric, Hot Water - Natural Gas, Public Water, Public Sewer
Garage/Parking
On Street
Interior
Combination Kitchen/Dining, Double/Dual Staircase, Walk-in Closet(s), Carpet Flooring, Laminated Flooring, 9'+ Ceilings
Exterior
Brick/Mortar Foundation, Flat Roof, Brick Exterior, Exterior Lighting, Sidewalks, Street Lights
Lot
Street View
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-429-7348
Listing Courtesy of: Keller Williams Main Line , (610) 520-0100, info@mainlinekw.com
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Listing data as of 6/14/2025.
