1201 ARCH ST Norristown, PA 19401

$30k in Projected Income | 2 units + 3 garages | Fully renovated | High Cashflow - Offered for sale is an exceptionally maintained mixed-use apartment building located steps to Dekalb Street in Norristown Borough. 1201 Arch Street is an ideal addition to an investor's portfolio or serves as an excellent owner-occupant building. This turnkey opportunity offers ground floor retail/office space with a separately entranced oversized two-bedroom apartment. The building was gut renovated 10 years ago and features separately metered utilities, updated electrical service, new windows, maintained roof, and newer exterior and sidewalks. In addition, both the storefront and apartment were fully renovated in the last 4 years, with the apartment upgrades completed as recent as December 2019. Three garages, separated into two additional leasable units, are included on the property, a valuable amenity and revenue stream in this neighborhood. The asset will be delivered vacant, allowing a buyer to quickly and seamlessly lease-up the units in this highly desirable rental market; or utilize the turnkey building for their personal residence or business.