SQUARE FEET2,458
MLS#PAMC2187328
STATUSPENDING
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONNORRISTOWN
SCHOOLNORRISTOWN AREA
Property Description
Welcome to this three-unit property that offers immediate income potential and long-term financial growth. Whether you're an investor looking to maximize cash flow or a savvy buyer ready to live in one unit while the other two help pay your mortgage, this property delivers exceptional flexibility and value. Imagine collecting rental income every month while building equity in a property that works for you. Owner-occupants can dramatically reduce their monthly housing expenses by renting the remaining units, while investors have the opportunity to lease all three units and generate multiple streams of rental income from day one. Location is another major advantage. Situated in a convenient Norristown neighborhood, the property offers quick access to US-202, I-476, and the Pennsylvania Turnpike, making commuting throughout Montgomery County and the greater Philadelphia area simple. Residents will also enjoy being just minutes from SEPTA transportation, shopping centers, restaurants, parks, schools, and everyday essentials—features that continue to attract quality tenants and support strong rental demand. Whether you're looking to grow your real estate portfolio, create passive income, or make your first investment with the added benefit of owner occupancy, 706 Chain Street is the kind of opportunity that doesn't come along often.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: None
Fuel Type: Electric, Natural Gas
Heating: Central
Lot Size: 0.04 Acres
Roof Type: Flat
Taxes: $4,453
Year Built: 1900
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Exterior: Brick
Flooring: Wall to Wall Carpeting, Luxury Vinyl Plank
Lot Dimensions: 0.04 Acre(S)
Municipality: NORRISTOWN BORO
One Bedroom Units: 2
Sewer: Public Sewer
Structure Type: Detached
Two Bedroom Units: 1
Units: 3
Water: Public
Local Schools
High School: NORRISTOWN AREA
Middle School: EISENHOWER
Elementary School: WHITEHALL
School District: NORRISTOWN AREA
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker Realty
Agency Phone: 6103739900
Shown By
Agent Name: The Gaines Group
Agent Phone: Cell: (410) 804-9600
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First AmericanEstimate Your Payment
Estimated Payment
$ 1,239.53 per month $767.82 Principal & Interest $371.08 Property Tax $100.63 Homeowner's Insurance
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
706 Chain Street | MLS# PAMC2187328
This multi-family property located at 706 Chain Street, Norristown, PA 19401 is currently listed for sale with an asking price of $345,000. Chain Street is located within the NORRISTOWN AREA school district. Search Norristown real estate on www.yermangainesteam.com today.