tomo logo

$119,000

Beds
4
Baths
2.0
sq ft
1,943

1000 Cherry St, Norristown, PA 19401

1000 Cherry St

NORRISTOWN, PA 19401

  • 2 days on market
Calling all savvy investors—here’s your chance to transform a two-unit property into a profitable investment. Unit 1 features 1 bed, 1 bath, and Unit 2 offers 3 beds, 1 bath. Both units require a full rehab, giving you the perfect blank canvas to create rental income or a resale opportunity. Buyer is responsible for U & O and zoning certs.

Details

Property type

Single Family Residence

Est. home value

$158,497

Property condition

Fixer

Lot size

4,312 sq ft

Price per sq ft

$62

Year built

1920

Annual property taxes

$3,482

HOA

No

Price History

01/20/2025
Bright

Bright #PAMC2127580

Listed
$119,000
+19%
04/29/2022
Bright

Bright #PAMC2030852

Sold
$100,000
+185.71%
11/21/2018
Bright

Bright #1007545260

Sold
$35,000
+16.67%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

NORRISTOWN AREA

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Not Available

Loan start date

May 2006

Original loan amount

$132,000

Est. remaining balance

Not provided

Interest rate

6.49%

Loan type

Commercial

Seller

Anthony Seligson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/22/2025 at 5:55 AM

Listing updated: 01/20/2025 at 4:09 PM

Listed by: Derek J. Greene, The Greene Realty Group Phone #: (860) 560-1006

MLS: Bright #PAMC2127580

Bright logo

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