Property Description:
Overview
Off-market duplex investment opportunity in Norristown offering a clean buy-and-hold or light value-add play.
Property is tenant-occupied and well maintained, with multiple interior upgrades completed within the past two years. Ideal for investors seeking stable income with modest upside in a strong Montgomery County rental market.
Property Highlights
Duplex (2 units)
New bathrooms
New flooring and carpet
Interior painted approx. 1.5 years ago
New kitchen on first floor
Solid wood cabinets in upstairs unit
Sewage pipes replaced
Washer/dryer hookup on first floor
Finished basement (tile floor, no egress)
2-car garage (electrical fuses need upgrade)
Heaters in good working condition
Historic front windows
Tenant / Occupancy Notes
Property is not vacant. Appointments ONLY.
Currently bringing in $2300 from both units ($1100 and $1200)
Buyer will inherit existing tenants.
Exit Strategies
Buy & Hold: Maintain tenants and operate for steady cash flow.
Light Value-Add: Minor improvements and rent optimization over time.
Long-Term Hold: Strong rental demand in Montgomery County supports stability.
PICTURES:
drive.google.com/drive/folders/1VlbKSKcsDnWhhftqsyXZ7ybx0dZMGfpd?usp=sharing
Next Steps
Contact us if you need more information
Schedule a property walkthrough
Make an offer directly on this page
Submit proof of funds
Sign assignment agreement
Disclaimers
IMPORTANT: This listing represents an assignment of a purchase contract, not a direct property sale. The advertised price includes the original contract price plus an assignment fee. Buyer is responsible for conducting their own due diligence. All information provided is believed to be accurate but not guaranteed. This opportunity is offered to qualified real estate investors only. This is not a retail property listing and no real estate agent relationships are implied or established through this marketing material.