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Request Info$549,000
ACTIVE
1020 W MAIN STREET Overview
- Time on Site:
- 71 days
- Visits:
- 1
Investor Alert! Exceptional opportunity to own a well-maintained 3-unit income-producing property offering strong cash flow and long-term appreciation potential. This multi-family asset features three separate units, making it ideal for both seasoned investors and those looking to start or expand their portfolio. Each unit offers comfortable, functional living spaces that appeal to today's rental market, supporting consistent occupancy and reliable income. Investment Highlights: -Three units providing multiple income streams -Strong rental demand in the area -Ideal for an investor or owner-occupant looking to offset a mortgage with rental income. Conveniently located near shopping, dining, and major commuter routes. Buyer is responsible for U&O. Owner will guide the buyer through the current tenant onboarding and transition process to ensure a seamless transfer of ownership.
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1020 W MAIN STREET Facts & Features
- Type Multi-Family
- Sq. ft. 2,974
- Price/Sq.ft. $185
- Lot 0.16 Acres
Details
General
Income/Expenses
- Operating Expense Includes: Trash
Listing Information
- Real Estate Owned: No
- Short Sale: No
Building Information
- New Construction: No
- Pool: No Pool
- Total SQFT: 2974
- Year Built: 1889
Location/Region
- Country: US
- County: MONTGOMERY
- County Or Parish: MONTGOMERY
- MLS Area Major: Norristown Boro (10613)
Parking Information
- Type of Parking: On Street
Tax Information
- City/Town Tax: 1690.00
- City/Town Tax Payment Frequency: Annually
- County Tax: 384.00
- County Tax Payment Frequency: Annually
- School Tax: 4182.00
- Tax Annual Amount: $6,255.00
- Tax Assessed Value: 105610.00
- Tax Year: 2021
General Information
- Exclusions: Tenants personal property
- Property Condition: Good
- Property Sub Type: Triplex
- Property Type: Multi-Family
- School District Name: NORRISTOWN AREA
- Special Listing Conditions: Standard
- Vacation Rental: No
- Year Assessed: 2021
- Zoning: RES
Unit Information
- Other Units: Unit 1,Unit 2,Unit 3
Interior
Building Information
- Building Winterized: No
- Cooling Fuel: None
- Heating Fuel: Electric
Parking Information
- Garage: No
Building Exterior/Construction
- Structure Type: Twin/Semi-Detached
Building Interior
- Above Grade Finished Area: 2974
- Above Grade Finished Area Source: Assessor
- Above Grade Finished Area Units: Square Feet
- Below Grade Finished Area: 0
- Below Grade Finished Area Source: Assessor
- Below Grade Finished Area Units: Square Feet
- Central Air: No
- Hot Water: Electric
General Information
- Accessibility Features: None
- Appliances: Oven/Range - Electric
- Cooling: None
- Fireplace: No
- Foundation Details: Block
- Interior Features: Bathroom - Tub Shower, Breakfast Area, Combination Kitchen/Living, Flat, Floor Plan - Open, Kitchen - Galley, Pantry
- Internet Services: Cable
- Living Area: 2974
- Living Area Source: Assessor
- Rooms Total: 6
- Stories Total: 3
- Units Furnished: None
Unit Information
- One Bedroom Units Count: 1
- Single Room Units Count: 0
- Three Bedroom Units Count: 1
- Two Bedroom Units Count: 1
Exterior
Lot Information
- Lot Dimensions Source: Assessor
- Lot Size Acres: 0.16
- Lot Size Dimensions: 35.00 x 0.00
- Lot Size Source: Assessor
- Lot Size Square Feet: 7000.00
- Lot Size Units: Square Feet
- Water Source: Public
Waterfront/View
- Water Oriented: No
- Water View: No
- Waterfront: No
Building Exterior/Construction
- Architectural Style: Colonial
- Construction Materials: Brick
- Patio And Porch Features: Porch(es)
General Information
- Exterior Features: Street Lights
- Number Of Units Leased: 3
- Number Of Units Total: 3
- Number Of Units Vacant: 1
- Other Structures: Above Grade,Below Grade
- Sewer: Public Sewer
- Utilities: Cable TV Available,Electric Available,Phone Available
- Water Access: No
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Total Rent: 2300.00
- Beds Total: 3
Unit 2 Details
- Unit Type: Unit 2
- Total Rent: 1500.00
- Beds Total: 2
Unit 3 Details
- Unit Type: Unit 3
- Total Rent: 1500.00
- Beds Total: 1
1020 W MAIN STREET Neighborhood
Community
19401 (NORRISTOWN) Demographics
35
Median Age
6,739
Population Density (per sq. mile)
35%
College Educated
$58,782
Estimated Median Income
7,334
Estimated Total Home Owners
8,948
Estimated Total Renters
45% / 55%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
1020 W MAIN STREET Monthly Cost
1020 W MAIN STREET Market Data
Based on the last 30 days in this zip code
$324,765
Average List Price
$193
Average Price per Square Foot
29
Properties Sold
76
Average Days on Market
107
Properties for Sale
1020 W MAIN STREET History
| Date | Value | Agent |
|---|---|---|
| 4/21/2026Source: BRIGHT MLS | ACTIVE |
Cindy Marcinkowski Listing Agent |
| 4/20/2026Source: BRIGHT MLS | April 20, 2026 |
Cindy Marcinkowski Listing Agent |
| 4/19/2026Source: BRIGHT MLS | $1,500 -21.4% |
Cindy Marcinkowski Listing Agent |
| 12/24/2025Source: BRIGHT MLS | December 24, 2025 |
Cindy Marcinkowski Listing Agent |
| 12/3/2024Source: BRIGHT MLS | ACTIVE UNDER CONTRACT |
|
| 12/3/2024Source: BRIGHT MLS | PENDING |
|
| 12/3/2024Source: BRIGHT MLS | CLOSED |
|
| 12/3/2024Source: BRIGHT MLS | August 09, 2021 |
|
| 12/3/2024Source: BRIGHT MLS | August 13, 2021 |
Listing provided courtesy of BHHS Fox & Roach-Blue Bell- MLS# PAMC2176132
Contact Information: 2155422200
Contact Information: 2155422200